Why Socialism Failed in Africa • Discoverology

Why Socialism Failed in Africa

Considering capitalism to be equal to colonialism, Africa’s founding fathers rejected it and adopted marxist-socialism in the 1960s. Foreign companies were nationalised, state-owned enterprises were created and all sorts of controls on rents, prices, imports and foreign exchange.

Related topics
Related posts
Death In The Alps

Death In The Alps

History

Two planes from the same airline crashed in the same spot in the Alps, 16 years apart. Now the glaciers of Chamonix are melting. And as the ice turns to water, it is releasing secrets that have stayed frozen for the past 60 years.

How Utah Keeps The American Dream Alive

How Utah Keeps The American Dream Alive

Long Reads Politics

Economic mobility to rival Denmark’s, but without big government. Can the rest of the U.S. emulate Utah’s success? We could offer more, and better, help to people who need it. Why not look for more promising scripts than the ones played out across the U.S. today?

Was The Millennium Dome Really So Bad? The Inside Story Of A (Not So) Total Disaster

Was The Millennium Dome Really So Bad? The Inside Story Of A (Not So) Total Disaster

Architecture Long Reads Politics

Twenty years later, it is still a byword for New Labour hubris, squandered resources and hideously bungled planning. In fact, it was a byword for all of these things before it even opened. It is clear that the prevailing narrative that the Dome was a total failure is not – or at least not quite – the full story.

Is The Hidden Kingdom Of Saudi Arabia Ready To Open To The World?

Is The Hidden Kingdom Of Saudi Arabia Ready To Open To The World?

Videos World

The ‘hidden kingdom’ of Saudi Arabia has been mostly closed to journalists and travelers…until now. In a glitzy PR push, the country wants to promote itself as a tourist destination. Foreign Correspondent rides the magic carpet to extraordinary sites, thousands of years old, holding mysteries archaeologists are just beginning to uncover.

The Long-Forgotten Flight That Sent Boeing Off Course

The Long-Forgotten Flight That Sent Boeing Off Course

Business History

It was May 2001. And Boeing’s leaders, CEO Phil Condit and President Harry Stonecipher, had decided it was time to put some distance between themselves and the people actually making the company’s planes. How much distance? This flight—a PR stunt to end the two-month contest for Boeing’s new headquarters—would reveal the answer.

Young Girls Force-Fed For Marriage In Mauritania

Young Girls Force-Fed For Marriage In Mauritania

Videos World

Some Mauritanian communities believe that the fatter girls look the wealthier and more attractive they appear to men. Sahar Zand meets the families force feeding their young girls a 9,000 calorie-a-day diet during a brutal “feeding season” in Mauritania.

Road To The Future

Road To The Future

Innovation Videos

While road types can vary greatly depending on their use, location and construction method, the majority are formed from crushed rock, sand and asphalt in a process that releases volatile organic compounds into the atmosphere. In order to curb the environmental impact of road construction, a number of new innovations are now being trialed.

Silicon Valley’s Online Slave Market

Silicon Valley’s Online Slave Market

Crime Videos

At the center of this powerful investigative film is Fatou, a 16 year old in Kuwait City who has been there for nine months. We follow her rescue and journey back home to Guinea, West Africa and ask: what’s being done to control the apps promoted on Google, Apple and Facebook-owned Instagram?

The Dictatorship Of Data

The Dictatorship Of Data

Economics History

Big data is poised to transform society. Yet big data also exacerbates a very old problem: relying on the numbers when they are far more fallible than we think. Nothing underscores the consequences of data analysis gone awry more than the story of Robert McNamara.

Cults: The Holy Business of Being A God

Cults: The Holy Business of Being A God

Explainers Videos

As a god, your disciples don’t view you as ruling over them even though you are, but as their benevolent leader showing them the light to salvation. A leader that though figuratively and literally followed to the ends of the earth. Now, that is real power.

Dubai: Expectation vs Reality

Dubai: Expectation vs Reality

Cities Videos World

Dubai – perhaps the best-known city of the United Arab Emirates, with a reputation for attracting the glamorous and the wealthy. Less than 5% of its GDP comes from oil, but it essentially has made its success through diversifying into property real estate, aviation, trade, banking and finance. But what’s going on beneath the surface?

Osaka’s Gate Tower: Highway Through A Building

Osaka’s Gate Tower: Highway Through A Building

Architecture Videos

The property was owned by a business since the early Meiji era but when business declined, so did the buildings in the 1970s. The property holder refused to give up the land, even though new building permits had been refused to him. The highway corporation and the property owner negotiated for 5 years and what you see today is their compromise.

3D Printed Housing For Those Who Need It Most

3D Printed Housing For Those Who Need It Most

Architecture Design Innovation Videos

New Story, ICON, and Échale have completed the first two printed homes in the world’s first 3D printed community in Mexico. The 3D printed homes feature two bedrooms, a living room, kitchen and bath. Co-designed with feedback from the families who will live in them, the homes have been created to meet the specific needs of the community.

In Search Of Russia’s Lost Gold

In Search Of Russia’s Lost Gold

History World

Before World War I, Russia possessed the third-largest gold reserve in the world, bested only by the US and France. During the Russian Revolution, the Bolsheviks captured the entirety of Tsar Nicholas II’s family gold reserve – or so they thought.

Why Planet Hollywood Went Bankrupt

Why Planet Hollywood Went Bankrupt

Business Food Videos

In the mid 1990’s, two entertainment moguls along with plenty of huge celebrities like Bruce Willis and Arnold Schwarzenegger came together to create a restaurant business unlike any other. But as quick as this idea grew, the sooner everything came crashing down. This is the story of Planet Hollywood.

Can Tiny Houses Save Detroit?

Can Tiny Houses Save Detroit?

Architecture Cities Videos

Detroit is grappling with both devastating poverty and a hot real estate market. But Rev. Faith Fowler of the nonprofit Cass Community Social Services sees a way to remedy both: Develop tiny houses, and create a rent-to-own financing mechanism to help impoverished Detroiters become owners of those homes.

The Most Fascinating Riot You’ve Never Heard Of

The Most Fascinating Riot You’ve Never Heard Of

Art Crime History

A mob of thousands attempted to storm a theater over a performance of Macbeth, the National Guard had to be called up, 31 people were killed and more than 100 wounded all over the personal jealousies of two vain and insecure actors. This is the story of the Astor Place Opera House Riot of May 10, 1849.

We use cookies on this website to analyse your use of our products and services, provide content from third parties and assist with our marketing efforts. Learn more about our use of cookies and available controls: cookie policy. Please be aware that your experience may be disrupted until you accept cookies.