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• W44434985 abstract "ECONOMICS AND DEVELOPMENT Diane Frost. From the Pit to the Market: Politics and the Diamond Economy of Sierra Leone. Woodbridge, Suffolk, U.K.: James Currey, 2012. xxi + 226 pp. Photographs. Glossary. Bibliography. Index. $34.95. Paper.This is an earnest and well-meaning book about an important subject. Unfortunately, it suffers from a surfeit of pseudo-economics, industrialstrength omissions, and multiple errors of fact. In the latter category: we learn that Blood Diamonds (sic) is a Steven Spielberg film (xvii) (Blood Diamond was directed by Ed Zwick); that the De Beers advertising slogan A diamond is forever was taken from a 1956 Ian Fleming novel (5) (the slogan was created by an American ad firm, N. W. Ayer, in 1948-Fleming took it from De Beers); that diamonds are cut in India and then polished in New York, Hong Kong, and Tokyo (5-6) (diamonds are polished where they are cut); that in 1969 Sierra Leone's President, Siaka Stevens, buckled under pressure and finally nationalized the diamond industry that the government could more tightly control illicit mining (11) (in fact, Stevens eagerly nationalized the industry so he and his cronies could get their hands on the loot, making themselves rich and impoverishing the country even further). We learn that the Revolutionary United Front (RUF) was supported in its early days by something called the Special Forces (they were supported by the Liberian warlord Charles Taylor and his rebel NPLF); and that the Kimberley Process to certify rough diamonds was created in 2000 by two industry bodies at the Antwerp World Diamond Congress (16, 78) (it was the product of intensive negotiations over a threeyear period by more than forty governments, industry, and civil society and came on stream in 2003). And all this is in the first twenty-one pages of the book.On the pseudo-economics side, the author is determined to show through the diamond saga that Sierra Leone has been the victim of colonialism, neocolonial corporatism, peripheral capitalism, and neoliberal and promarket economics, which are all, in the author's view, bad. They may well be, but the discussion yo-yos up and down and all around these subjects without clarity, consistency, or depth, and we are left with conclusions like creating dependency actually does more harm than good (21)-as though anybody ever argued the opposite.The author describes the evolution of the diamond industry in Sierra Leone well, but misses several key facts that might have strengthened her argument about the dark marriage between colonialism and big business. …" @default.
• W44434985 created "2016-06-24" @default.
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• W44434985 date "2013-08-08" @default.
• W44434985 modified "2023-09-24" @default.
• W44434985 title "ECONOMICS AND DEVELOPMENT - Diane Frost. From the Pit to the Market: Politics and the Diamond Economy of Sierra Leone. Woodbridge, Suffolk, U.K.: James Currey, 2012. xxi + 226 pp. Photographs. Glossary. Bibliography. Index. $34.95. Paper." @default.
• W44434985 doi "https://doi.org/10.1017/asr.2013.62" @default.
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