The ANC & black capitalism in South Africa

  title={The ANC \& black capitalism in South Africa},
  author={Roger J. Southall},
  journal={Review of African Political Economy},
  pages={313 - 328}
  • R. Southall
  • Published 1 September 2004
  • Economics
  • Review of African Political Economy
The emphasis initially laid by the African National Congress (ANC) on national reconciliation after 1994 meant that its ideas about Black Economic Empowerment (BEE) were non-threatening to white interests. However, the government's recent strategy is more assertive, having the aim of creating a black capitalist class, which is both ‘patriotic’ and productive, as laid down in the ANC's guiding theory of the ‘National Democratic Revolution’. Corporate capital is responding with recognition of the… 

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