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Research ArticleSpecial Issue

Imperial Capital and Anti-Black Extraction in South Africa

Maria Dyveke Styve
African Economic History, May 2024, 52 (1) 63-91; DOI: https://doi.org/10.3368/aeh.52.1.63
Maria Dyveke Styve
University of Glasgow
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Abstract

On the 16th of August 2012, thirty-four striking mineworkers were murdered by police in Marikana, South Africa during a strike against the mining company Lonmin. Could the fact that this at the time was a British-owned mining company in some ways represent a violent return of the ghosts of the late 19th century? This article details the historical connection between the financial sector in London and the mining industry in South Africa to examine the imbrications of international finance capital with imperial racism and racialized capital accumulation on the mines from the 1870s to the first World War.

KEYWORDS:
  • finance
  • mining
  • racism
  • capital
  • extraction
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In this issue

African Economic History: 52 (1)
African Economic History
Vol. 52, Issue 1
24 May 2024
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Imperial Capital and Anti-Black Extraction in South Africa
Maria Dyveke Styve
African Economic History May 2024, 52 (1) 63-91; DOI: 10.3368/aeh.52.1.63

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Imperial Capital and Anti-Black Extraction in South Africa
Maria Dyveke Styve
African Economic History May 2024, 52 (1) 63-91; DOI: 10.3368/aeh.52.1.63
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  • Article
    • Abstract
    • Introduction
    • City of London from the 1870s–WWI: The Move Towards Finance
    • Why Was the South African Mining Industry Important to the City of London?
    • Why Was the City of London Important for the South African Gold Mining Industry?
    • The Diamonds of Kimberley
    • Gold on the Rand
    • Capital and State Interdependence
    • The Migrant Labor System, Compounds, Pass Laws and the Racialization of Capital Accumulation
    • Imperial Racism and Civilizational Discourses
    • Finance and Racial Capital Accumulation
    • The Marikana Massacre and the Ghosts of the Past
    • Acknowledgments
    • Footnotes
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  • References
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More in this TOC Section

Special Issue

  • Africa’s Political Kingdom and the Albatross of Economic Bondage
  • Introduction
Show more Special Issue

Economic Sovereignty in South Africa

  • Africa’s Political Kingdom and the Albatross of Economic Bondage
  • Introduction
  • Imperial Capital and Anti-Black Extraction in South Africa
Show more Economic Sovereignty in South Africa

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Keywords

  • finance
  • mining
  • racism
  • capital
  • extraction
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