Afrikaner Capital Elites, Neo-Liberalism and Economic Transformation in Post-Apartheid South Africa

Davies, Rebecca

doi:10.1080/00020184.2012.740883

Cited by 11 publications

(6 citation statements)

References 24 publications

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“…25 The post-1948 period was thus marked by a coalitional class alliance consisting of white organized labour and conglomerate groupings with investments in mining, finance, and industry, operating in the context of state protection and racialized capitalism. 26 This type of economic system, however, was not without its own contradictions and social instabilities. First, although high levels of economic concentration and cross-ownership patterns between the various conglomerates raised the business community's market power, this trend also increased the type of inefficiencies and distortions which tend to manifest as economic stagnation.…”

Section: The Shifting Political Economy Of Segregation Autarky and Liberalizationmentioning

confidence: 99%

Financialization as a New Regime of Accumulation: Business, Apartheid, and the Neoliberal Transition

Ansari

2021

Neoliberalism and Resistance in South Africa

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Section: The Shifting Political Economy Of Segregation Autarky and Liberalizationmentioning

confidence: 99%

Financialization as a New Regime of Accumulation: Business, Apartheid, and the Neoliberal Transition

Ansari

2021

Neoliberalism and Resistance in South Africa

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“…It allowed its biggest firms to list on the London Stock Exchange and more freely colonise the African continent (e.g., Shoprite). Afrikaner capital controls a global empire through Sanlam, Naspers, Billiton, Outsurance and Checkers (see Davies, 2012). The Naspers empire straddled 130 countries in 2015 (Financial Mail, 24 September 2015).…”

Section: The Bourgeois Foundations Of the South African Non-racial Statementioning

confidence: 99%

Non-Racialism: The New Form of Racial Inequality in a Neo-Apartheid South Africa

Ruiters

2020

Journal of Asian and African Studies

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Non-racialism is a deep-rooted ideal in the history of resistance in South Africa. It is not only the basis of the post-apartheid legal order, but also crucial to the form of capitalism. This paper reinterprets non-racialism and inequality in post-1994 South Africa by revisiting conventional understandings of the nature of the state and the rule of law. It shows that racial inequality is inscribed in the non-racial form of the state. The non-racial democratic shell correlates with the commodity form. Scholars have neglected the shift in the form of the state after 1994, partly because they focus on policy and see the state as an external structure in a racial society.

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“…Prior to 1994, the apartheid government practised discrimination and conferred rights and privileges based on race, that is, white, coloured, Indian and black. Black people were at the bottom of the social strata (Davies 2012;Esman 1987;Seekings & Nattrass 2011). Through an assortment of legislation as varied as the Bantu Education Act 47 of 1953 (Republic of South Africa [RSA] 1953), the Extension of University Education Act 45 of 1959 (RSA 1959), and the Mines and Works Act 12 of 1911 (RSA 1911), black people were confined to the fringes of the national economy while white people had more privileges and opportunities (Ihederu 2004;Tangri & Southall 2008).…”

Section: Background and Contextmentioning

confidence: 99%

Trust in business alliances between traditional companies and previously disadvantaged institutions: A barometer for black economic empowerment

Moalusi

2020

South African Journal of Economic and management Sciences

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Background: Despite the positive role of trust as a complex 'glue' that keeps the parties of an alliance together, it is unclear how trust dynamics may play out among black and white business partners and what such trust experiences may mean for black economic empowerment in South Africa. Aim:The study reflects on the prospects for black economic empowerment by exploring trust experiences of managers involved in business alliances between traditional companies and previously disadvantaged institutions.Setting: The study focused on managers involved in these alliances in the province of Gauteng in South Africa.Methods: Twenty-five managers from mainstream companies (n = 7) and emerging companies (n = 18) were selected through purposive sampling. Q-sorting was applied to trust-related items, with follow-up interviews. Principal component factor analysis was used to analyse the Q-sorted data to reveal the managers' clustered perceptions about trust in business alliances. Interview data were thematically analysed to place the findings from the factor structure analysis in context. Findings:The managers shared six nuanced conceptions of trust. Generally, the prospects for black economic empowerment appear greater in the groups characterised by integrity, revealing the centrality of honesty in these alliances. Conclusion:Exploring trust in black and white business alliances may help to disentangle the phenomenon of black economic empowerment in South Africa. In a way, managers' perceptions of trust may be used as a barometer for the functioning of these alliances because trust affects managerial behaviour and, ultimately, whether or not such alliances enhance the prospects for black economic empowerment. The study also offers new ways of thinking about and new ways of advancing theory and practice regarding black economic empowerment.

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Afrikaner Capital Elites, Neo-Liberalism and Economic Transformation in Post-Apartheid South Africa

Cited by 11 publications

References 24 publications

Financialization as a New Regime of Accumulation: Business, Apartheid, and the Neoliberal Transition

Financialization as a New Regime of Accumulation: Business, Apartheid, and the Neoliberal Transition

Non-Racialism: The New Form of Racial Inequality in a Neo-Apartheid South Africa

Trust in business alliances between traditional companies and previously disadvantaged institutions: A barometer for black economic empowerment

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