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Extracting Profit
Imperialism, Neoliberalism and the New Scramble for Africa
A piercing historical explanation for poverty and inequality in African societies today, and social impact of resource-driven growth.

A piercing historical explanation of poverty and inequality in African societies today, and the social impact of resource-driven growth. Extracting Profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. This period of "Africa rising" did not lead to the creation of jobs, but has instead fueled the growth of the extraction of natural resources and an increasingly wealthy African ruling class.

Lee Wengraf is a socialist and activist based in New York City. She writes on Africa for the International Socialist Review, Socialist Worker, Pambazuka News, and the Review of African Political Economy.