Flashy Norwegian-supported consumption in Africa

Conspicuous consumption in Africa
CONSUMPTION AND CORRUPTION / We haven't heard much about Luanda Leaks in Norway. Perhaps because it is embarrassing that Statoil paid NOK 420 million to a non-existent research center owned by Angola's state oil company Sonangol, where Isabel dos Santos was the director until she was fired in November 2017?

Finally, there is an analytical book on sensational consumption in today's Africa. We hear about the very flashy consumption of presidents and business people, but also about the middle-class obsession with material consumption to confirm their own identity and show off to others. One of the more startling examples in the book is former President's daughter in Angola, Isabel dos Santos, whose fictitious company received funds from Statoil (now Equinor).

All the 13 chapters of Conspicuous consumption in Africa is based on Thorstein Veblen's book The jobless class (1899), in which he analyzes just flashy consumption and conspicuous waste, corrosion and waste. There was probably not much of this in Veblen's own life; the parents were emigrated peasants from Valdres. Second-generation immigrant Thorstein was child number four in a sibling group of twelve.

Large-scale corruption and Norwegian money

Angola's former president's daughter Isabel dos Santos is Africa's richest woman with a fortune of about NOK 20 billion. In January of this year, after eight months of intense journalistic digging and review of over 700 pages of documentation, the same network of digging journalists published as in 000 published the Panama Papers, called Luanda leaks.

We have not heard much about Luanda. . .

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