The moral dimensions of economic life in Africa
While orthodox views and mainstream analysestend to exclude morality from the investigation and the understanding of economic life, in reality there are always various moral dimensions at play when it comes to people’s economic thinking, practices and relationships, on one hand, and the structures in which they operate, on the other. It is important to pay attention to, and better comprehend, these dimensions, for various reasons: across the world, the moral qualities of contemporary capitalism, and the moral climate in particular economic sectors are being increasingly questioned in public debates. Discussions about the trajectories of moral change in contemporary economies (and societies more broadly) articulate concerns about crisis and decline, as well as calls for moral renewal. Furthermore, awareness of global and national socio-economic inequalities, and demands for stronger redistributive measures, are growing under the impulse of social movements, radical politics, and academic debates.
Organisers: Cristiano Lanzano (The Nordic Africa Institute, Sweden), Tijo Salverda (Global South Studies Center, University of Cologne, Germany) and Jörg Wiegratz (University of Leeds, UK)
In its diversity and complexity, Africa is a privileged site to discussthe moral dimensions of economic life. A number of African economies are characterised by rapid change, substantial foreign intervention and related societal restructuring (including a locking-in of a particular variant of capitalism), uneven levels of penetration of capitalism, the persistence of poverty, informality and precarity, and structural transformations that often entail growth and material change as well as rising inequalities across classes and locations. Debates also flourish about the impact of global connections and new technologies, the cultural changes that have come with liberalisation and marketisation, the rise of a new middle class, and the distinctiveness and future of ‘Africapitalism’.
Increasingly vocal in contesting the existing power, wealth, and inequality structures, social movements and political oppositions challenge the operations and outcomes of the current political economy.