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Podcast: New Books in Economic and Business History
Episode: A. G. Hopkins, "Capitalism in the Colonies: African Merchants in Lagos, 1851–1931" (Princeton UP, 2024)
Description: In Capitalism in the Colonies: African Merchants in Lagos, 1851–1931 (Princeton UP, 2024), A. G. Hopkins provides the first substantial assessment of the fortunes of African entrepreneurs under colonial rule. Examining the lives and careers of 100 merchants in Lagos, Nigeria, between 1850 and 1931, Hopkins challenges conventional views of the contribution made by indigenous entrepreneurs to the long-run economic development of Nigeria. He argues that African merchants in Lagos not only survived, but were also responsible for key innovations in trade, construction, farming, and finance that are essential for understanding the development of Nigeria’s economy.The book is based on a larg...