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history of inequality in South Africa 1652-2002

Sampie Terreblanche

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      This title analyses the work of numerous historians on inequality and exploitation in South Africa around a single theme - the systematic and progressive economic exploitation of indigenous people by settler groups. The author argues that, despite South Africa's successful transition to democracy, its society is as unequal today - if not more so - than ever before. He claims that in the early 1990s, parallel to the constitutional negotiations, a series of informal negotiations and interchanges took place behind the scenes during which the local corporate sector, backed by the powerful international financial institutions, made a concerted effort to sell unfettered capitalism to ANC leaders. This attempt succeeded, resulting in the ANC replacing the RDP with GEAR. The situation of the vast majority of blacks has in fact worsened since the transition to democracy. For this reason, he considers that South Africa's transformation is incomplete. He sharply criticizes the corporate sector for its ruthless pursuit and protection of its own interests, to the detriment of broader South African society. He also criticizes the new black elite for its crass materialism and apparent indifference to the plight of the poor. In a final chapter, he argues that the current system of neo-liberal democratic capitalism is inappropriate to a developing country such as South Africa. He calls for a policy shift towards social democracy in which the state should play a more active role in alleviating poverty, redistributing wealth, and attending to social welfare.
      CONTRIBUTORS: Sampie Terreblanche EAN: 9781869140229 COUNTRY: South Africa PAGES: WEIGHT: 0 g HEIGHT: 230 cm
      PUBLISHED BY: University of KwaZulu-Natal Press DATE PUBLISHED: CITY: GENRE: HISTORY / Africa / South / Republic of South Africa WIDTH: 150 cm SPINE:

      Book Themes:

      Southern Africa, Regional / International studies, Political economy, African history

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      This title analyses the work of numerous historians on inequality and exploitation in South Africa around a single theme - the systematic and progressive economic exploitation of indigenous people by settler groups. The author argues that, despite South Africa's successful transition to democracy, its society is as unequal today - if not more so - than ever before. He claims that in the early 1990s, parallel to the constitutional negotiations, a series of informal negotiations and interchanges took place behind the scenes during which the local corporate sector, backed by the powerful international financial institutions, made a concerted effort to sell unfettered capitalism to ANC leaders. This attempt succeeded, resulting in the ANC replacing the RDP with GEAR. The situation of the vast majority of blacks has in fact worsened since the transition to democracy. For this reason, he considers that South Africa's transformation is incomplete. He sharply criticizes the corporate sector for its ruthless pursuit and protection of its own interests, to the detriment of broader South African society. He also criticizes the new black elite for its crass materialism and apparent indifference to the plight of the poor. In a final chapter, he argues that the current system of neo-liberal democratic capitalism is inappropriate to a developing country such as South Africa. He calls for a policy shift towards social democracy in which the state should play a more active role in alleviating poverty, redistributing wealth, and attending to social welfare.
      CONTRIBUTORS: Sampie Terreblanche EAN: 9781869140229 COUNTRY: South Africa PAGES: WEIGHT: 0 g HEIGHT: 230 cm
      PUBLISHED BY: University of KwaZulu-Natal Press DATE PUBLISHED: CITY: GENRE: HISTORY / Africa / South / Republic of South Africa WIDTH: 150 cm SPINE:

      Book Themes:

      Southern Africa, Regional / International studies, Political economy, African history

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