The tyranny of growth : why capitalism has triumphed in the West and failed in Africa /
Malcolm Ray.
- First edition.
- Cape Town, South Africa : Melinda Ferguson Books, 2021.
- 502 pages ; 24 cm.
Includes bibliographical references and index.
The origins of the growth myth: 1930s -- The weaponization of growth: 1930s - 1950s -- Into Africa: 1950s -- 1960s - Bandit capitalism : 1960s -- 1970s -- New-age imperialism: 1970s -- 2000s -- Tipping point: 2008-2021 and beyond.
"The Tyranny of Growth is a modern epic that exposes the lie of economic growth. It provocatively recounts how the 2008 global financial meltdown and COVID-19 pandemic have become the leading cause of governments' and multilateral institutions' global spectacular failure. It brilliantly explains how a single number - GDP - came to have such bewildering power over our lives, despite its ruinous consequences. But ultimately the book strives to illuminate a new way of imagining the world."-- Publisher description.