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Reconfiguring Racial Capitalism: South Africa in the Chinese Century
Duke University Press
Copyright:
This content is made freely available by the publisher. It may not be redistributed or altered. All rights reserved.
ISBN electronic:
978-1-4780-5999-8
Publication date:
2024
Book Chapter
Follow the Surplus
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Published:December 2024
Chapter 7, “Follow the Surplus,” returns to the question of colonialism by tracing the outflow of surplus value from South Africa to China. It details how Chinese sojourners rely on extralegal practices and African laboring bodies to remit profits to China. Far from a celebratory narrative of Chinese capitalism or south–south cooperation, the chapter demonstrates how profits are squeezed from the edge of formal economies and racialized surplus populations. Such economic practices of enclaving and extraction have overall underdeveloping effects that retrench uneven geographies of accumulation.
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