The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy

The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy

The post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peri...

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保存先:
書誌詳細
出版年:URI:https://journals.openedition.org/cea,
第一著者: Ovadia, Jesse Salah
フォーマット: Article ou chapitre numérique
言語:Anglais
出版事項: Cadernos de Estudos Africanos 2013
主題:
Angola
development
petroleum
capitalist accumulation
local content
Sonangol
Desenvolvimento
Petróleo
Acumulação capitalista
Conteúdo local
オンライン･アクセス:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
id openedition-oai:revues.org:cea_839
record_format openedition
spelling openedition-oai:revues.org:cea_839 https://doi.org/10.4000/cea.839 urn:doi:10.4000/cea.839 en https://journals.openedition.org/cea/839 2013-07-11T02:00:00Z info:eu-repo/semantics/openAccess article info:eu-repo/semantics/article urn:handle:20.500.13089/dmyy https://creativecommons.org/licenses/by-nc-sa/4.0/ The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy Cadernos de Estudos Africanos Centro de Estudos Internacionais info:eu-repo/semantics/reference/issn/2182-7400 info:eu-repo/semantics/reference/issn/1645-3794 URI:https://journals.openedition.org/cea Ovadia, Jesse Salah Angola development petroleum capitalist accumulation local content Sonangol Angola Desenvolvimento Petróleo Acumulação capitalista Conteúdo local Sonangol The post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peripheral rentier economy and towards an indigenous system of capitalist accumulation. Recent developments in the oil and oil services sectors such as the push for increased local content, or “Angolanisation”, show that the elite is engaged in a process of reinventing itself. Unfortunately, the tendency of the transition is towards the further entrenchment of the power of the Angolan elite and increasingly unequal distribution of wealth under the emerging social relations of production and accumulation. A transição pós-guerra em Angola envolveu pequenas mudanças nas estratégias de acumulação da elite para manter o status quo e aprofundar a concentração interna de poder e riqueza. Este artigo coloca a hipótese de que Angola está no início de uma mudança político-económica fundamental – da economia rentista periférica para um sistema indígena de acumulação capitalista. Desenvolvimentos recentes no sector petrolífero e no sector da prestação de serviços como a pressão para aumentar o conteúdo local (“angolanização”), mostram que a elite está envolvida num processo de reinvenção de si própria. Infelizmente, a tendência da transição é para um maior entrincheiramento do poder da elite angolana e uma crescente desigualdade na distribuição de riqueza sob as relações sociais emergentes de produção e acumulação.
collection OpenEdition Journal
language Anglais
format Article ou chapitre numérique
building 0/Bibliothèque numérique/
1/Bibliothèque numérique/OpenEdition Journals/
topic Angola
development
petroleum
capitalist accumulation
local content
Sonangol
Angola
Desenvolvimento
Petróleo
Acumulação capitalista
Conteúdo local
Sonangol
spellingShingle Angola
development
petroleum
capitalist accumulation
local content
Sonangol
Angola
Desenvolvimento
Petróleo
Acumulação capitalista
Conteúdo local
Sonangol
Ovadia, Jesse Salah
The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
description The post-war transition in Angola has involved small shifts in strategies of elite accumulation to maintain the status quo and deepen the internal concentration of power and wealth. This paper hypothesizes that Angola is at the beginning of a fundamental political-economic shift – away from the peripheral rentier economy and towards an indigenous system of capitalist accumulation. Recent developments in the oil and oil services sectors such as the push for increased local content, or “Angolanisation”, show that the elite is engaged in a process of reinventing itself. Unfortunately, the tendency of the transition is towards the further entrenchment of the power of the Angolan elite and increasingly unequal distribution of wealth under the emerging social relations of production and accumulation.
author Ovadia, Jesse Salah
author_facet Ovadia, Jesse Salah
author_sort Ovadia, Jesse Salah
title The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
title_short The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
title_full The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
title_fullStr The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
title_full_unstemmed The Reinvention of Elite Accumulation in the Angolan Oil Sector: Emergent capitalism in a rentier economy
title_sort reinvention of elite accumulation in the angolan oil sector: emergent capitalism in a rentier economy
publisher Cadernos de Estudos Africanos
publishDate 2013
container_title URI:https://journals.openedition.org/cea
url https://ezproxy.univ-orleans.fr/login?url=https://doi.org/10.4000/cea.839
https://ezproxy.univ-orleans.fr/login?url=https://journals.openedition.org/cea/839
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