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Showing posts with the label “South Africa”

South Africa Apartheid and Capitalist Development

“The internal colonialism thesis was not a plausible explanation of South African apartheid. It could not explain the fact that, by the 1970s, the majority of the workforce employed in modern industrial production in South Africa, such as auto plants, textiles, and steel production, came from the nonwhite sections of South African society that were supposed to be colonized.” Racism was deeply intertwined with capitalism, argues Kundnani

Justice Served

A South African TV series in 6 episodes. Available on sflix.to (VPN and ad block required)

Wealth Inequality

“ Real wealth concentration is about the ownership of productive capital, the means of production and finance. It's big capital (finance and business) that controls the investment, employment and financial decisions of the world.    A dominant core of 147 firms through interlocking stakes in others together control 40% of the wealth in the global network according to the Swiss Institute of Technology.   A total of 737 companies control 80% of it all.   This is the inequality that matters for the functioning of capitalism – the concentrated power of capital. And because inequality of wealth stems from the concentration of the means of production and finance in the hands of a few; and because that ownership structure remains untouched, any increased taxes on wealth will fall short of irreversibly changing the distribution of wealth and income in modern societies.”

Decolonizing History

This is a very good piece. If your university/institution has a subscription with Taylor and Francis online, you should be able to access the article. Decolonizing the history of British women’s suffrage movement