Home Analysis THE BROAD CONTEXT OF CAPITALISM IN SOUTH AFRICA: WHERE TO FROM HERE?

THE BROAD CONTEXT OF CAPITALISM IN SOUTH AFRICA: WHERE TO FROM HERE?

by centra
THE BROAD CONTEXT OF CAPITALISM IN SOUTH AFRICA: WHERE TO FROM HERE?

By Tiisetso Makhele

Background

“The three million Whites hold a monopoly of political rights and economic opportunities. They alone can vote for and be elected to Parliament and other governing bodies. They are fortified behind a wall of privilege in the civil service, in jobs and professions, in educational opportunities and a hundred other fields.

87 per cent of the land is reserved for White ownership, and White capitalists own and control the mines, factories and banks and most of commerce.

Their government inculcates a lying and insulting doctrine of race superiority” – Programme of the South African Comunist Party, 1962.

Despite far-reaching advances made to afford the oppressed majority with political and other rights, the face of South continues to bear the same complexion as it were in 1962.

72 percent of private farmlands remains under white hands. In the Free State, the unemployment rate amongst whites sits at 9 percent, while that of Africans stand at 38 percent, way higher that the provincial average of 35 percent.

Of all those in the Free State population living below the poverty line, a staggering 32 percent are African, followed by Coloureds at 10 percent. Only 0.2 percent of all whites live below the poverty line.

Why 1994 didn’t change the status quo

The 1994 project attempted to alter the external features of our nation, but could hardly deal with the fundamental being of our capitalist state. Ours is a nation formed on the carcass of what is referred to a Colonialism of a Special Type (CST).

Ours is a system of racialised and genderised capitalism. As late General Secretary of the SACP observed, the black and white working classes face distinct challenges, and solutions to their unique challenges must be customized.

The white monopoly class that existed in 1962, remains intact even together, albeit must stronger. This powerful class, which is the ruling class today, has weakened liberation movement and working class formations through meticulous infiltration. The recruitment of some senior leaders of the people’s movements into the boards of companies controlled by the ruling class has successfully delayed the revolution through weakening of the progressive forces.

What is to be done?

In the immediate future, we must develop means to unite all forces of the left. The wrong class must unite, not behind a political formation, but through grassroots formations.

Leftist activists must, in line with what Vladimir Lenin adviced, continue to us all platforms, community forums, social and community media, pamphleetering, etc to agitate the mazes against capitalism, and in favour of socialism.

Lastly, the overthrow of the capitalist system by any means necessary towards a socialist state.

Makhele is an African Marxist. He writes in his personal capacity


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