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  • The Political Economy of South Africa’s Post-apartheid Transition: The Rejection of Alternatives to Neoliberalism. Critical Reconstructions of Political Economy, Volume 7

    The Political Economy of South Africa’s Post-apartheid Transition by Fine, Benjamin;

    The Rejection of Alternatives to Neoliberalism. Critical Reconstructions of Political Economy, Volume 7

    Sorozatcím: Studies in Critical Social Sciences; 318;

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    A termék adatai:

    • Kiadó BRILL
    • Megjelenés dátuma 2025. június 12.

    • ISBN 9789004731646
    • Kötéstípus Keménykötés
    • Terjedelem344 oldal
    • Méret 235x155 mm
    • Súly 716 g
    • Nyelv angol
    • 670

    Kategóriák

    Rövid leírás:

    South Africa’s post-apartheid transition is marked by devastating failures and wasted opportunities. One explanation given is the absence of well-formulated alternatives at the outset. In this book, this is shown to be false, by close consideration of available policy options that were rejected.

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    Hosszú leírás:

    South Africa’s post-apartheid transition has proven disastrous. It is marked by the emergence of a black elite of enriched capitalists out of the globalisation, neoliberalisation and financialisation of the economy in general and of 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 disastrous trajectory was initiated, some suggesting a lack of available alternative policy options at the time of transition. This is shown to be false with a full range of progressive alternatives being rejected with corresponding consequences, from “state capture” to electoral defeat.

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    Tartalomjegyzék:

    Contents

    Preface



    1 How South Africa Rejected Political Economy and Progressive Policy: A Personal Journey

     1 Introduction

     2 From MERG …

     3 … through Labour Market Commission …

     4 … to NIEP/COSATU and Beyond



    2 ESOP’s Fable: Golden Egg or Sour Grapes?

     Postscript as Personal Preamble

     1 ESOPs and Apartheid

     2 Conceptual Issues

     3 The Record of ESOP Performance

     4 Trade Union Responses

     5 Current Implications for South Africa

     Appendix 1: Summary from EROSA (1989)

     Appendix 2: Summary from EROSA (1990)



    3 Defence Expenditure and the Post-apartheid Economy: A Briefing Paper for the ANC

     Postscript as Personal Preamble

     Summary of Conclusions and Recommendations

     1 Military Expenditure and Economic Development

     2 Is South Africa a Military-Industrial Complex?

     3 South Africa’s Economic Impasse

     4 South African Military Expenditure – Any Advantages?

     5 The Overwhelming Disadvantages

     6 From War on the People to the War Effort to Provide Basic Needs

     7 Conversion at the Macro Level

     8 Conversion at the Micro Level



    4 Privatisation and the RDP: A Critical Assessment

     Postscript as Personal Preamble

     1 Introduction

     2 Some Theoretical Considerations

     3 Privatisation and the Demise of Apartheid

     4 What Were the Proposals?

     5 First Time – Farce; Second Time – Tragedy

     6 Privatisation Is Not Reconstruction

     7 Concluding Remarks



    5 From Equal Pay and Minimum Wages through Public Works to Income Support

     Postscript as Personal Preamble

     1 Propositions Concerning Comparable Worth: Summary

     2 Some Notes on Job Creation Programmes

     3 Some Rough Notes on Income Maintenance Programmes (IMPs)



    6 Industrial Policy and South Africa: A Strategic View

     Postscript as Personal Preamble

     Presentation of Main Points

     1 Introduction

     2 Defining Industrial Policy

     3 Industrial Strategy

     4 Implementation and Monitoring

     5 The Macroeconomic Environment

     6 Trade Policy



    7 Vertical Relations in the South African Steel Industry

     Postscript as Personal Preamble

     Presentation of Main Points and Policy Recommendations

     1 Introduction

     2 The Economic Theory of Dumping

     3 The Political Economy of Dumping

     4 Legal and Administrative Considerations

     5 The Imperatives of Coordination

     6 The Structures and Dynamics of the World Steel Industry

     7 South African Steel in Transition

     8 Private and Public Interests in the South African Steel Industry

     9 Conclusions and Policy Recommendations



    8 Privatisation and the Restructuring of State Assets in South Africa: A Strategic View

     Postscript as Personal Preamble

     Presentation of Main Points

     1 Introduction

     2 New Public Sector Economics for Old

     3 Origins and Patterns of Privatisation: The African Context

     4 Addressing the World Bank

     5 Implications for South Africa

    References

    Index

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