Intro -- Preface -- Contents -- Notes on Contributors -- List of Figures -- List of Tables -- Chapter 1: The Political Economy of Africa: Connecting the Past to the Present and Future of Development in Africa -- Organization of the Book and Thematic Focus -- References -- Part I: Historical and Theoretical Foundations of African Political Economy -- Chapter 2: Left, Right and Centre: On Regrounding a Progressive Political Economy of Africa for the Twenty-First Century -- Political Economy as a "Moralizing Science" -- From the Left: The Political Economy of the Enragés From the Right and from the Centre -- The Political Economy of the Entitled -- The Political Economy of the Afterthought -- Chapter 3: Four Journeys of Capital and Their Consequences for Africa -- Introduction -- Africa Inside the Spider Web of Global Coloniality -- The Four Journeys of Capital and Entrapment of Africa -- Conclusion -- Chapter 4: History of Racial Capitalism in Africa: Violence, Ideology, and Practice -- The Case for Colonialism and Capitalism in Africa: Myth or Fact? -- The Expansion of Capitalism on a World Scale -- Proto-capitalism in Precolonial Africa: Some Contestations The Final Stages of Incorporation: Mercantile Capitalist Expansion and Imperialism and Colonialism -- Conclusion -- References -- Chapter 5: African Political Economy and Its Transformation into Capitalism -- Introduction -- Africa and Its Premodern Mode of Production -- Africa's Post-feudal Mode of Production -- Capitalist Transformation of the African Political Economy -- Africa's Political Economy in the Twenty-First Century -- References -- Chapter 6: The Political Economy of Africa -- The State-Society Complex in Africa -- External Trade Dynamics -- Path Dependency? The Political Economy/Ecology of Growth -- Conclusion -- References -- Chapter 7: Streets and Boardrooms as Hegemonic Spaces in Shaping Political Economy in Africa -- Introduction -- Street Protests -- Boardroom Protests -- Relationship Between the Street and the Boardroom -- The Boardroom as a Hegemonic Space -- Marxist Theory and the Dominance of the State -- The African State: History of Dominance of the Political Economy -- The Political Economy of Africa and the Rise in Street Actions -- Streets and Boardrooms and Changes in Political Economy -- Conclusions and Recommendations -- References Chapter 8: Contextualizing the State Structure Requisite for Africa's Development -- The Context -- Changing Pattern of the Role of the State in Economic Development -- Evolution of the State in Africa and East Asia -- The Capitalist Developmental State -- Capitalist Orientation -- Market Infallibility -- Strong State -- Democratic Orientation -- Militarist Pretentions -- Professionalized Bureaucracy and Military -- Nimble State -- Distributive Mechanism -- Inclusivity -- Toward an Africa Inc.: Context, Texture, and Outcome of Intervention -- Toward a Holistic Policy Framework -- Conclusion