Document Type

Book Chapter

Publication Date

1966

Keywords

supranational system, Congo economy, Societe General de Belgique, Tanganyika Concessions, Rhodesian Selection Trust, De Beers Consolidated Mines, Anglo-American Corporation of South Africa, British South Africa Company

Abstract

Describes ways in which the "Congo Economy" was completely embedded within the supranational system. Shows how the firm, Societe General de Belgique, "cam to control a much larger segment of Congo industry than their risk, in terms of actual capital investment, warranted" (p.368). In consequence, "this Belgian company is in a stronger position than its investment warrants in the supranational system of mining enterprises that involves such giants as Tanganyika Concessions, Rhodesian Selection Trust, De Beers Consolidated Mines, Anglo-American Corporation of South Africa, and the British South Africa company" (p. 368).

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Citation / Publisher Attribution

Capital and the Congo, in J. A. Davis & J. K. Baker (Eds.), Southern Africa in Transition, The American Society of African Culture, p. 362-377

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