: Guest asserts that since independence, many African governments have failed their people through predatory "vampire state" behavior. He highlights how autocrats often view their office as a license to enrich themselves, citing leaders like Robert Mugabe in Zimbabwe as prime examples.
: Drawing on the work of Hernando de Soto, Guest argues that the lack of secure property rights is a massive hurdle. Without formal titles to their land and homes, millions of Africans hold "dead capital" that cannot be used as collateral for loans to start or grow businesses. The Shackled Continent: Power, Corruption, and ...
Guest moves beyond traditional explanations for underdevelopment, focusing on internal governance and economic barriers: : Guest asserts that since independence, many African
Reviewers from Publishers Weekly and academic journals note that while Guest’s reporting is engrossing, his strong pro-market stance—viewing global capitalism as the primary solution—can be controversial among those who emphasize the lingering structural impacts of colonialism. Without formal titles to their land and homes,
No account yet?
Create an Account