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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Afrikaner capital elites, neo-liberalism and economic transformation in post-apartheid South Africa
Author:Davies, RebeccaISNI
Year:2012
Periodical:African Studies (ISSN 1469-2872)
Volume:71
Issue:3
Pages:391-407
Language:English
Geographic term:South Africa
Subjects:Afrikaners
elite
capital
business
External link:https://doi.org/10.1080/00020184.2012.740883
Abstract:In the aftermath of the transition, and with the uneven progression of the liberal democratic project in contemporary South Africa, the profile of Afrikaner capital elites in the key mining and financial sectors has remained prominent. Yet the contribution of these actors, whether as a distinct fraction of capital or as individuals, to the postapartheid economy is not fully understood. Even whilst they have reformed their local presence and reconstructed their economic power, these strategies are strongly related to the nature of the global and African National Congress (ANC)-led projects of neoliberalism, and are not necessarily indicative of a persistent or renewed Afrikaner capital bloc. This article seeks to add to the debate on social and economic transformation among Afrikaans speakers in South Africa by examining these shifting patterns of State-capital relations against the context of both the institutional and material legacy of apartheid, and contemporary global restructuring. It emphasizes the importance of this context in explaining today what is happening with Afrikaner capital elites, and to what extent they maintain their former influence and success in the postapartheid and global economies. Bibliogr., notes, ref., sum. [Journal abstract]
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