Abstract
Political and economic dynamics set in motion by efforts to consolidate post‐colonial regimes have contributed to the continuing weakness of indigenous bourgeoisies throughout much of post‐colonial Africa. This article suggests that state power has been used to foster private rent‐seeking, rather than productive local private investment, in order to promote and sustain the political cohesion of ruling classes. The political consolidation of dominant rentier classes (forged through state patronage and clientelist mechanisms of control) creates obstacles to the emergence of local class strata interested in, or capable of, using state power to promote the expanded accumulation of capital (be it local or foreign). A study of Senegal illustrates this point.

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