Fans pick 100 books like Wealth, Land, and Property in Angola

Toby Green’s book is a magisterial history of West Africa and West Central Africa during the era of the Atlantic slave trade.

Exploring a large array of sources from three continents the book tells the history of African societies such as the kingdoms of Kongo and Dahomey, by showing how Africa was connected to the rest of the world earlier before Europeans reached the Atlantic coasts of the continent.

With the rise of the Atlantic slave trade Africa exported currencies such as gold, whose great value persisted over time, but kept importing cloth, cowries, iron, and copper, whose value decreased over time.

The book helps us to understand the roots of the inequalities among Africa and the Global North and shows us that these unbalanced economic and diplomatic exchanges were tied to cultural, religious, and artistic dimensions, in which material culture also played a central role.

Colleen Kriger illuminates the commercial exchanges between European and Africans in the Upper Guinea Coast, a region covering present-day Senegal, The Gambia, Guinea-Bissau, Guinea, Sierra Leone, and Liberia, between 1680 and 1715.

Explaining how these economic exchanges relied on existing West African trading routes, Kriger examines the role of England’s Royal African Company which lead the trade of enslaved Africans in the region.

West African commodity currencies such as bar iron, cloth, and cowry shells were carefully organized in bundles that became unities of measure and exchange in the Upper Guinea trade external trade in the late seventeenth and early eighteenth centuries.

She underscores the cultural norms underlying economic exchanges. For example, exchanging gifts to start and continue the trade was a central protocol. Kriger’s book ultimately shows that the trade in people was shaped by the creation and exchange of things.

The Art of Conversion by art historian Cécile Fromont provides us with a rich overview of visual images and material objects witnessing the first contacts between African men and women in the Kingdom of Kongo and European conquerors and missionaries starting in the late fifteenth century.

Richly illustrated with color images of paintings, objects, and artifacts of Christian devotion, this book shows how these early encounters that led to the rise of the Atlantic slave trade in the region of present-day Angola in West Central Africa were marked by the mutual exchanges of valuable objects.

These exchanges were also immortalized in paintings, watercolors, and engravings that help us to understand these first encounters between Africans and Europeans that were so important for the development of the trade in enslaved Africans.

Objects intended to protect African men and women and their descendants were also part of the rich material culture of the Atlantic slave trade.

In this book, art historian Matthew Rarey explores the history of mandinga pouches, small amulets containing a variety of items such as Islamic prayers, herbs, shells, and hair. The book shows that these items were not at all insignificant things, but rather tangible traces of the histories of men, women, and children who were forcibly transported to the Americas and whose trajectories linked European, African, and American spiritual and material worlds. 

Universal property – property that is inalienable, individual, and belongs in equal measure to all – is a game-changing idea whose time is coming.

Introduced alongside conventional (private and state) property, it can serve the twin goals of reducing inequality and protecting the environment.

For example, by treating the biosphere’s limited capacity to recycle carbon emissions as universal property, and charging for use of this resource, we can both protect climate stability and provide universal basic income via climate-protection dividends.

Peter Barnes has been a leading voice for universal property, following in the footsteps of Tom Paine and Henry George. Do yourself a favor: read this thought-provoking book, and share it with your family and friends.

Thomas Piketty rose to international fame for his 2014 Capital in the Twenty-First Century. But this book is even better. At a whopping 1000 pages, it’s a magnum opus. A phenomenally interesting panoramic of inequality across human history.

With intricate detail and voluminous evidence, Piketty documents the rise and fall of inequality throughout the ages, depicting the ways in which ideologies have worked to bolster or undermine it. Anyone who reads this book will walk away with a far richer understanding of some of the core dynamics underlying human history.  

The French revolutionaries not only transformed property, they disentangled it from public power, creating a distinction between a private realm and a public one and between state and society. Blaufarb shows that at stake was much more and much more complex than historians have thought. He argues that without this multiple demarcation, free elections would have been impossible and universal human rights could not have been defined.    

A key insight of economics is the power of markets to organize human affairs. The Machinery of Freedom takes that insight to the limit. How might society work if even governmental functions were organized using markets? Friedman’s answer will surprise and challenge you. And whether you come away convinced or not, you will come away with a better understanding of markets.

A series of essays by one of the most respected Canadian political philosophers of the twentieth century.

I have recommended this book for the title essay, which provides a particularly insightful account of how people have thought about economic justice (or haven’t) over time.

But all the essays are worth reading.

I make use of the basic concepts that Barzel introduced in this book, but deviate more from conventional neoclassical economics.

Economic property rights are about effective control over resources, and not necessarily about legal rights. A key insight is that a resource consists of an open-ended number of attributes and therefore that control over a resource can become more complex as the number of attributes increases.

There is also a tendency for control to change hands as market participants discover more valuable uses of resources.