07 December 2007

White Power

How whites won the economy
"The implementation after 1994 of the NP’s model of neo-liberal capitalism ensured that while whites lost political power, they retained control of the country’s wealth, argues Christi van der Westhuizen in this edited excerpt from White Power." "The entrenchment of neo-liberal capi­talism during the transition translated into the continuation of apartheid and colonialism’s legacy of extreme inequality. Consequently, white people could hold on to their pre-democracy gains."M&G South Africa