Corporates Big Winners in the New South Africa

26 Mar 2011

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Shannon de Ryhove speaks with author and journalist Hein Marais about his new book, "South Africa Pushed to the Limit: The Political Economy of Change."

History's legacy is one of the reasons South Africa's black majority lives in poverty, says Marais.

The structure of the economy, its ability to create jobs and poverty trends that date back to the 1970's were not just going to go away because we have a democratic government, he contends.

Marais says his book is an attempt to look at how much of South Africa's problems can be blamed on the past and how much is new.

He argues that South Africa doesn't have a coherent and powerful anti-poverty strategy and that corporate South Africa, particularly conglomerate capital, is the big winner in the country post 1994.

You can find this page online at http://sacsis.org.za/site/article/351.19.

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