State Capitalisms in Southern Africa: Colonial Rule, Capitalist Development, and Class Formation in Namibia, South Africa, and Zimbabwe, 1880s–2020s

Lucien van der Walt, Gilton Klerck, Kirk Helliker and Gorden Moyo

Annals of Corporate Governance, 2025, vol. 9, issue 1–2, 1-242

Abstract: This study rethinks the political economy of Namibia, South Africa, and Zimbabwe through the lens of state capitalism. Tracing developments from merchant colonialism to neoliberalism, it identifies successive, distinct forms of state-capital hybrids shaped by colonial legacies, industrialisation, and state structures. Drawing on historical institutionalism, the study argues that national variations in state capitalism arise from implementation within specific political and social contexts, rather than formal policy design. By integrating African cases into broader debates, it challenges dominant Western–Eastern binaries and highlights the region’s relevance for theorising state capitalism and its implications for corporate governance in diverse developmental trajectories.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1561/109.00000035 (application/xml)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:now:jnlacg:109.00000035

Access Statistics for this article

More articles in Annals of Corporate Governance from now publishers
Bibliographic data for series maintained by Lucy Wiseman ().