The Crisis and the Global South

Chicago – John Comaroff joined scholars Achille Mbembe, Ho-fung Hung, and Claudio Lumnitz in 2015 for a forum sponsored by the Chicago Center for Contemporary Theory. Comaroff focused on the 2008 economic crisis and its impact on the global south. Unlike the United States, which saw the stock market crash and housing foreclosures escalate, capital inflows to Africa increased by 16 percent, money invested in the Nigerian stock market earned a return of 16 percent, and west African banks witnessed an explosion of investments.