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The Looting Machine Audiobook

The Looting Machine: Warlords, Oligarchs, Corporations, Smugglers, and the Theft of Africa's Wealth

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Publisher's Summary

The trade in oil, gas, gems, metals, and rare earth minerals wreaks havoc in Africa. During the years when Brazil, India, China, and the other "emerging markets" have transformed their economies, Africa's resource states remained tethered to the bottom of the industrial supply chain. While Africa accounts for about 30 percent of the world's reserves of hydrocarbons and minerals and 14 percent of the world's population, its share of global manufacturing stood in 2011 exactly where it stood in 2000: at 1 percent.

In his first book, The Looting Machine, Tom Burgis exposes the truth about the African development miracle: for the resource states, it's a mirage. The oil, copper, diamonds, gold, and coltan deposits attract a global network of traders, bankers, corporate extractors, and investors who combine with venal political cabals to loot the states' value. And the vagaries of resource-dependent economies could pitch Africa's new middle class back into destitution just as quickly as they climbed out of it. The ground beneath their feet is as precarious as a Congolese mine shaft; their prosperity could spill away like crude from a busted pipeline.

This catastrophic social disintegration is not merely a continuation of Africa's past as a colonial victim. The looting now is accelerating as never before. As global demand for Africa's resources rises, a handful of Africans are becoming legitimately rich, but the vast majority, like the continent as a whole, is being fleeced. Outsiders tend to think of Africa as a great drain of philanthropy. But look more closely at the resource industry, and the relationship between Africa and the rest of the world looks rather different.

©2015 Tom Burgis (P)2015 Gildan Media LLC

What Members Say

Average Customer Rating

4.5 (58 )
5 star
 (34)
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4.5 (53 )
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4.6 (54 )
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Performance
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  •  
    Eric C. Olander Oakland, CA. USA 06-09-15
    Eric C. Olander Oakland, CA. USA 06-09-15 Member Since 2011
    HELPFUL VOTES
    5
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    "Indispensable reading"

    This is one of those rare books that can change so much about how you think about a topic as complex as Africa. Burgis did an excellent job of covering a broad swath of the continent without falling in to the usual traps of stereotypes and overs simplification that plague so many other authors. His insights on Sam Pa and the growing Chinese role in the "Looting Machine" was particularly interesting.

    1 of 1 people found this review helpful
  •  
    gil 11-23-16
    gil 11-23-16
    ratings
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    3
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    Story
    "informative"

    the book was very detailed and clear. liked the depth of back ground information alot

    0 of 0 people found this review helpful
  •  
    Victor 10-03-16
    Victor 10-03-16
    ratings
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    4
    2
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    Story
    "The history of corruption."

    This books appears to explain many of the problems of developing nations. Well written and narrated.

    0 of 0 people found this review helpful
  •  
    Freddy Bastiat Clearwater, FL United States 09-07-16
    Freddy Bastiat Clearwater, FL United States 09-07-16 Member Since 2015
    ratings
    REVIEWS
    17
    4
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    Story
    "Interesting but repetative"

    Theme of corruption gets repetitive, but still an interesting listen. I learned a lot about Africa I did not know before.

    0 of 0 people found this review helpful
  •  
    Josh Barnaby 06-01-16 Member Since 2016
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    12
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    Story
    "interesting but muddled"

    great narrator, interesting story, blames oil and mineral companies for intentionally looting africa but treats african politicians who squander community aid money from those same oil and mineral cos as victims of their own circumstance

    0 of 0 people found this review helpful
  •  
    Ashley White Washington, DC, US 04-12-16
    Ashley White Washington, DC, US 04-12-16 Member Since 2015
    ratings
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    11
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    Story
    "Compelling narrative"

    Compelling narrative; however as a reader you are left feeling there is no solution. Most of the parallels are solid

    0 of 0 people found this review helpful
  •  
    Sara Diniz 10-02-15
    Sara Diniz 10-02-15 Member Since 2014
    ratings
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    17
    3
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    Story
    "Very, very good"

    The content of the book was very well researched and it was written with good clarity and conciseness.
    I was really surprised with the author's sharing in the beginning of the book of the emotional toll his time in Africa took on him.
    I looked up many facts he describes here and they are accurately used.
    The reader is also very nice. Good quality audio with clear speech and precise dictation.

    0 of 0 people found this review helpful
  •  
    Vickie Scott 06-08-15 Member Since 2015
    ratings
    REVIEWS
    17
    2
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    Story
    "The same names again and again"

    Great Listen if you do or intend doing business with resource businesses in Africa. The names in the book are the ones that come up again and again.

    0 of 0 people found this review helpful

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