Haymarket Books

The Political Economy of South Africa's Post-apartheid Transition: The Rejection of Alternatives to Neoliberalism - Ben Fine

South Africa’s post-apartheid transition has proven disastrous. But what caused this unfortunate trajector? oday, the country is marked by the emergence of a black elite of enriched capitalists who have benefitted from the globalization, neoliberalization and financialization of the economy in general, and from its Minerals-Energy and Financial Complex in particular. By contrast, inequalities, poverty and failing social provision have persisted. Recent attention has shifted to how this trajectory was initiated, with some suggesting a lack of available alternative policy options at the time of transition. The Political Economy of South Africa’s Post-apartheid Transition shows this to be false. In fact, a full range of progressive alternatives were rejected, leading to corresponding consequences from “state capture” to electoral defeat.

Product names and technical specifications are provided by merchants. Always confirm the exact variant in the merchant’s checkout.