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ID182405
Title ProperCapital, state and the production of differentiated social value in Nigeria
LanguageENG
AuthorMiapyen, Buhari Shehu
Summary / Abstract (Note)This paper re-visits secondary literature on racial capitalism and problematises the Nigerian oil-dependent capitalist economy. The economy of oil extraction dispossesses the peasants of their land and exposes them to pollution. This Oil economy creates a contradiction by producing the agent of its transformation; the community-based social movements. The state and the capital respond to these contradictions by instrumentalizing differences to prevent communal solidarity. Consequently, the indigenous people are racialised as a minority people and within the oil-producing region as sub-ethnic communities. The absence of communal solidarity promotes unmitigated environmental disaster, state hegemony and high returns for the capital; local and global in Nigeria.
`In' analytical NoteIdentities: Global Studies in Culture and Power Vol. 28, No.6; Dec 2021: p.655-673
Journal SourceIdentities: Global Studies in Culture and Power 2021-12 28, 6
Key WordsState ;  Racial Capitalism ;  The Capital ;  Social Differences ;  Exploitation and Expropriation