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"Warning. Smoking Kills!" It also corrupts law enforcement officials and eviscerates state institutions. It devours politicians, professionals, business people and ordinary workers in the chase for big bucks and the battle for a slice of an ever-shrinking cigarette market.
Join one of South Africa's former tax sleuths, Johann van Loggerenberg, in a wild ride through the double-dealing world of tobacco's colourful characters and ruthless corporates. Meet the femme fatales, mavericks, mercenaries and grandmasters, and learn how the crime-busting unit led by van Loggerenberg at SARS and its "Project Honey Badger" became a victim of war between industry players and a high-stakes political game driven by state capture.
This is the tale of a few good men and women who dared to try to hold to account a billion-dollar international industry rife with private spy networks, tax evasion, collusion and corruption - ultimately at great cost to themselves and South Africa.
South Africans have been poorly served by the economic choices their governments have made.
The consequences of these choices are everywhere to be seen but most importantly in unemployment and poverty. In this book Brian Kantor advances spirited economic arguments for freer markets and less government intervention and regulation of the South African economy; the book will add significantly to a layman’s understanding of how our economy works. It offers a succinct review of all the key drivers that determine a modern economy’s performance as well as the key institutions of a modern economy.
The book presents an insightful review of the challenges facing the South African economy and its policy makers.
South Africa’s democracy is in trouble. The present situation is, in objective terms, a house divided; a house that is tottering on rotten foundations. Despite the more general advances that have been made under the ANC’s rule since 1994, power has not only remained in the hands of a small minority but has increasingly been exercised in service to capital. The ANC has become the key political vehicle – in party and state form as well as application – of corporate capital: domestic and international, black and white, local and national, and constitutive of a range of different fractions. As a result, ‘transformation’ has largely taken the form of acceptance of, combined with incorporation into, the capitalist ‘house’, now minus its formal apartheid frame.
What has happened in South Africa over the last 22 years is the corporatisation of liberation, the political and economic commodification of the ANC and societal development. Those in positions of leadership and power within the ANC have allowed themselves to be lured by the siren calls of power and money, to be sucked in by the prize of ‘capturing’ institutional sites of power, to be seduced by the egoism and lifestyles of the capitalist elite.
This book tells that ‘story’ by offering a critical, fact-based and actively informed holistic analysis of the ANC in power, as a means to: better explain and understand the ANC and its politics as well as South Africa’s post-1994 trajectory; contribute to renewed discussion and debate about power and democracy; and help identify possible sign-posts to reclaim revolutionary, universalist and humanist values as part of the individual and collective struggle for the systemic change South Africa’s democracy needs.
Unless there is significant change, the world is heading for an explosion. The growing gap between rich and poor is dangerous and unsustainable. The plundering of resources is damaging our planet. Something has to be done.
In this book, Jay Naidoo harnesses his experience as a labour union organiser, government minister, social entrepreneur and global thought leader, and explores ways of solving some of the world’s biggest problems. Drawing from his experiences in South Africa, Nigeria, Brazil, Bangladesh and other countries, he presents a variety of options for ending poverty and global warming, with a focus on organising in our communities and building change from below and beyond borders.
Naidoo’s message is unequivocal: significant action must be taken immediately if we want future generations to live in a world that we take for granted today.
Sub-Saharan Africa faces three big challenges over the next generation. It will double its population to two billion by 2045. By then more than half of Africans will be living in cities. And this group of mostly young people will be connected through mobile devices.
Properly harnessed and planned for, these are positive forces for change. Without economic growth and jobs, they could prove a political and social catastrophe. Old systems of patronage and muddling through will no longer work.
Making Africa Work is a practical account of how to ensure growth beyond commodities, and to create jobs. It’s a handbook for dynamic leadership inside and outside the continent.
The story of a ‘rogue unit’ operating within the South African Revenue Service (SARS) became entrenched in the public mind following a succession of sensational reports published by the Sunday Times in 2014. The unit, the reports claimed, had carried out a series of illegal spook operations: they had spied on President Jacob Zuma, run a brothel, illegally bought spyware and entered into unlawful tax settlements.
In a plot of Machiavellian proportions, head of the elite crime-busting unit Johann van Loggerenberg and many of SARS’s top management were forced to resign. Van Loggerenberg’s select team of investigators, with their impeccable track record of busting high-level financial fraudsters and nailing tax criminals, lost not only their careers but also their reputations. Now, in this extraordinary account, they finally get to put the record straight and the rumours to rest: there was no ‘rogue unit’. The public had been deceived, seemingly by powers conspiring to capture SARS for their own ends.
Shooting down the allegations he has faced one by one, Van Loggerenberg tells the story of what really happened inside SARS, revealing details of some of the unit’s actual investigations.
Africa's leading producer of electricity, Eskom Holdings SOC Ltd, is also a vertically integrated monopoly, owned by the South African state. This national champion was shaken in 2008, when it was obliged to introduce 'load shedding', or rolling blackouts, and again in late 2014. Trying to understand how and why one of the iconic pillars of South African state capitalism is now in distress, the authors of this book argue that the so-called electricity crisis is in fact a public monopoly crisis.
Moving beyond technical aspects, they explore the relationship between state power and Eskom before, during and after apartheid. From this perspective, they suggest that the current technical and financial troubles of this public utility are illustrative of the weakening of its technopolitical regime, of how national institutions have governed Eskom's technological development, and of the pursuit of political goals in the production of electrical power. Without a clear industrial strategy during the 2000s, Eskom became a powerful tool of Broad-Black Economic Empowerment as well as a neopatrimonial system which generates profits captured by the ruling party. As a result, crisis in Eskom shakes the whole political edifice. Inefficient and its finances increasingly under scrutiny, this state-owned enterprise's existence as a monopolistic public utility is regularly a subject of debate.
The authors discuss the ambivalent role of Eskom in the national energy transition policy and whether solutions point in the direction of de-integrating this public monopoly and allowing its current technopolitical regime to enter a planned or natural decline.
If you have an interest in law and politics, South Africa’s political economy and the processes of policy-making in a parliamentary context, this is an essential read.
The advancement of black South Africans in ownership and management in the private sector is growing steadily. This growth is aided by government scorecard that penalise corporations that fail to include black people in senior positions and management. Some claim that this process will lead to a more fair, less racially biased economy. But will this transform the basic structure of the economy to benefit the people as a whole? Changing The Colour Of Capital unpacks the fundamental character of the South African economy and examines the relationship between the political system and the economy.
Contributors include Trevor Manuel, Rob Davies, Jeremy Cronin, Ben Turok, Philisiwe Buthelezi, Adekeye Adebajo, Enver Daniels, Cassius Lubisi and Richard Levin.
South Africa is undeniably a continental powerhouse.
Local corporates like MTN, Standard Bank and Shoprite are African business giants; South Africa is the only African member of BRICS; and a South African heads the African Union Commission. Yet the country is often perceived by other African states as a bully that punches above its weight. Does South Africa have the moral standing, and economic and military capacity to call itself a superpower?
In twenty years of reporting on Africa, Liesl Louw-Vaudran has travelled with South African heads of state and met business leaders from across Africa. In this book, she tries to answer accusations that South Africa behaves like a neocolonial power by examining key events – from Thabo Mbeki’s reforms of the African Union to the disastrous peace-keeping mission in the Central African Republic in 2013 under President Jacob Zuma.
South Africa’s social landscape is disfigured by poverty, inequality and mass unemployment. Poverty in South Africa: Past and Present argues that it is impossible to think coherently or constructively about poverty, and the challenge it poses, without a clear understanding of its origins, its long-term development, and it’s changing character over time. This historical overview seeks to show how poverty in the past has shaped poverty in the present. Colin Bundy traces the lasting scars left on the face of South African poverty by colonial dispossession, coerced labour and segregation; and by a capitalist system distinctive for its reliance on cheap, right-less black labour. While the exclusion of the poor occurs in very many countries, in South Africa it has a distinctive extra dimension. Here, poverty has been profoundly racialised by law, by social practice, and by prejudice. He shows that the ‘solution’ to the ‘poor white question’ in the 1920s and ’30s had profound and lasting implications for black poverty. After an analysis of urban and rural poverty prior to 1948, he describes the impact of apartheid policies and social engineering on poverty. Over four decades, apartheid reshaped the geography and demography of poverty. This pocket history concludes with two chapters that assess the policies and thinking of the ANC government in its responses to poverty. One describes the remarkable story of the social security programme developed by the ANC in government since 1994, and finds that cash transfers – pensions and grants – have been the most effective mechanism of redistribution used by the ANC, even though the party remains edgy and anxious about a ‘culture of entitlement’. A final chapter reviews the distribution and dimensions of contemporary poverty, inequality and unemployment, and considers available policy options – and their shortcomings.
Elite Transition is a seminal accounting of compromises and struggles in post-apartheid South Africa. Combining original documentation, insider anecdotes and theoretical insights, Patrick Bond dissects a range of socio-economic continuities from old to new South Africa. He deploys political-economic analysis and draws upon case studies including social contracts, black economic empowerment, housing, the Reconstruction and Development Programme, World Bank and international financial influence, and corporate power. The original edition of Elite Transition provided an insightful review of South Africa's first years of democracy and an optimistic account of the potential that still exists for a progressive, grassroots resurgence of the liberation spirit. This updated edition includes a lengthy Afterword that maintains a scorching critique of elitist politics and economics. Most importantly, the book provides context for the upsurge in popular protest against the government's neoliberal policies since 2000.
The overwhelming challenge that South Africa faces, and has to date failed to address, is unemployment, which falls especially on African youths who were promised a better future after 1994. If the unemployment challenge is not addressed, it will be impossible to sustainably lift many millions of people out of poverty.
How South Africa Works reviews the country’s major economic achievements over the past two decades. Through numerous interviews with politicians, business leaders and analysts, it examines the challenges and opportunities across key productive sectors – including agriculture, manufacturing, services and mining – illustrative of the policy challenges that leaders face. It scrutinises the social grant and education systems to understand if South Africa has established mechanisms for people not only to escape destitution but be ready to be employed, and identifies steps that some of South Africa’s most notable entrepreneurs have taken to build world-class enterprises.
Recognising the essential challenge to cultivate more employers to employ people, How South Africa Works concludes by offering an agenda and active steps for greater competitiveness for government, business and labour.
Herman Mashaba is a self-made entrepreneur who started his business Black Like Me in the dark days of apartheid in South Africa. He has told the story of his journey from the poverty of Hammanskraal to the comfort of a successful business in his book Black Like You.
When Nelson Mandela became South Africa’s president in 1994, Mashaba thought his struggle for personal and economic freedom was over, the battle was won. Twenty-one years later, he has had to question that assumption as his hard won freedoms are eroded and economic controls tighten. Mashaba is committed to freeing South Africans from poverty.
In this book Mashaba outlines his crusade for economic freedom for all South Africans – through a firm commitment to capitalist principles. He describes the changes in his political affiliations and maps out the route South Africa needs to follow to escape entrenched unemployment and poverty.
Recession, inflation, interest rates, income tax, exchange rates… We are bombarded with these terms every day – by newspapers, the radio, TV and the internet – but what do they actually mean? And how do they impact on you?
In this updated edition of Everyone's Guide To The South African Economy, all these issues – and more – are addressed. The book clearly explains and evaluates a wide range of economic occurrences – from the budget and the rand/dollar exchange rate to the balance of payments and the role of the South African Reserve Bank. The book also investigates the causes and consequences of the 2008/2009 global financial and economic crisis, looks at the sub-Saharan African economy, and explores human development issues in South Africa and their implications for policy-making.
If you are baffled by the specialised jargon of economists and bankers and want to know more about the economic forces that subtly dictate your day-to-day existence, Everyone's Guide To The South African Economy will put you in the picture. This is essential reading for every South African consumer and taxpayer. Economics, after all, is too important to be left to economists.
Capitalism’s addiction to fossil fuels is heating our planet at a pace and scale never before experienced.
Extreme weather patterns, rising sea levels and accelerating feedback loops are a commonplace feature of our lives. The number of environmental refugees is increasing and several island states and low-lying countries are becoming vulnerable. Corporate-induced climate change has set us on an ecocidal path of species extinction. Governments and their international platforms such as the Paris Climate Agreement deliver too little, too late. Most states, including South Africa, continue on their carbon-intensive energy paths, with devastating results. Political leaders across the world are failing to provide systemic solutions to the climate crisis. This is the context in which we must ask ourselves: how can people and class agency change this destructive course of history?
The Climate Crisis investigates ecosocialist alternatives that are emerging. It presents the thinking of leading climate justice activists, campaigners and social movements advancing systemic alternatives and developing bottom-up, just transitions to sustain life. Through a combination of theoretical and empirical work, the authors collectively examine the challenges and opportunities inherent in the current moment.
Most importantly, it explores ways to renew historical socialism with democratic, ecosocialist alternatives to meet current challenges in South Africa and the world.
For more than twenty years, Naomi Klein has been the foremost chronicler of the economic war waged on both people and planet - and the champion of a sweeping environmental agenda with justice at its centre. Her books have defined our era. On Fire gathers for the first time more than a decade of her impassioned writing from the frontline of climate change, and pairs it with new material on the staggeringly high stakes of what we choose to do next. These essays, reports and lectures show Klein at her most prophetic and philosophical, investigating the climate crisis not only as a profound political challenge but also as a spiritual and imaginative one. Delving into topics ranging from the clash between ecological time and our culture of "perpetual now," to rising white supremacy and fortressed borders as a form of "climate barbarism," this is a rousing call to action for a planet on the brink. With reports spanning from the ghostly Great Barrier Reef, to the annual smoke-choked skies of the Pacific Northwest, from post-hurricane Puerto Rico, to a Vatican attempting an unprecedented 'ecological conversion,' Klein makes the case that we will rise to the existential challenge of climate change only if we are willing to transform the systems that produced this crisis. An expansive, far-ranging exploration that sees the battle for a greener world as indistinguishable from the fight for our lives, On Fire captures the burning urgency of the climate crisis, as well as the energy of a rising political movement demanding change now.
The fight for a green world is the fight of our lives. And with On Fire, Naomi Klein gives us the ammunition to do it. In frank, personal terms, she shows us how the only way forward out of a polluted world of our own making is only through policy reform - a concrete set of actions to combat the mounting threat of total environmental catastrophe. What's needed, she argues, is something with radical verve and guaranteed protections: in other words, a New Deal. On Fire finds Klein at her most canny and prophetic, and the stakes of our imperiled global situation higher than ever before. In wide-ranging essays reporting from varying stages of ecological crisis - from prescient clarion calls from years ago to our panicked present - Klein wakes us up from our environmental sleepwalk and sets us on a course of potent, necessary action.
'This is a beautifully written and important book. Read it' Martin Wolf, Financial Times From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit and the return of the far right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts - economic, social and cultural - with the cool head of pragmatism, rather than the fervour of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world's most distinguished social scientists, he shows us how to save capitalism from itself - and free ourselves from the intellectual baggage of the 20th century. These times are in desperate need of Paul Collier's insights. The Future of Capitalism restores common sense to our views of morality, as it also describes their critical role in what makes families, organizations, and nations work. It is the most revolutionary work of social science since Keynes. Let's hope it will also be the most influential - George Akerlof, Nobel Laureate in Economics, 2001 In this bold work of intellectual trespass, Paul Collier, a distinguished economist, ventures onto the terrain of ethics to explain what's gone wrong with capitalism, and how to fix it. To heal the divide between metropolitan elites and the left-behind, he argues, we need to rediscover an ethic of belonging, patriotism, and reciprocity. Offering inventive solutions to our current impasse, Collier shows how economics at its best is inseparable from moral and political philosophy' - Michael Sandel, author of What Money Can't Buy and Justice For thirty years, the centre left of politics has been searching for a narrative that makes sense of the market economy. This book provides it - John Kay, Fellow of St John's College, Oxford and the author of Obliquity and Other People's Money For well-to-do metropolitans, capitalism is the gift that goes on giving. For others, capitalism is not working. Paul Collier deploys passion, pragmatism and good economics in equal measure to chart an alternative to the divisions tearing apart so many western countries. -Mervyn King, former Governor of the Bank of England
Economic growth is a constant mantra of politicians, economists and the media. Few understand what it is, but they love and follow it blindly. The reality is that since the global financial crisis, growth has vanished in the more industrialised economies and in the so-called developing countries. Politicians may be panicking, but is this really a bad thing? Using real-life examples and innovative research, acclaimed political economist Lorenzo Fioramonti lays bare society's perverse obsession with economic growth by showing its many flaws, paradoxes and inconsistencies. He argues that the pursuit of growth often results in more losses than gains and in damage, inequalities and conflicts. By breaking free from the growth mantra, we can build a better society that puts the wellbeing of all at its centre. A wellbeing economy would have tremendous impact on everything we do, boosting small businesses and empowering citizens as the collective leaders of tomorrow. Wellbeing Economy is a manifesto for radical change in South Africa and beyond.
The rhetoric of `freedom and democracy for all' has become almost synonymous with the US. However, at home its business elites have enslaved the poor and underclasses and further afield, while masquerading as a force for good in the world, it has enslaved much of humanity in the name of progress. In this controversial book, investigative journalist Matt Kennard takes us deep into the dark heart of American power. From the corporate state, the prison state and the state of the environment, to humanitarian intervention, the free trade fetish and the divide-and-rule of the working class, The Racket reveals how, no matter which side of the border we are on, we are all being conditioned to condone this modern form of slavery.
The Occupy movement managed to draw global attention to the massive disparity of income, wealth and privilege held by 1% of the population in nations across the world. In The 1% and the rest of us, Tim Di Muzio explores what it means to be part of a socio-economic order presided over by the super-rich and their political servants. Incorporating provocative and original arguments about philanthropy, social wealth and the political role of the super-rich Di Muzio reveals how the 1% are creating a world unto themselves in which the accumulation of ever more money is really a symbolic drive to control society and the natural environment. A timely and innovative book that provides readers with the first global political economy of the 1%, while demonstrating how resistance can continue to challenge their rule.
Based on the synthesis of a large empirical and theoretical literature on centre-region relations in China and Russia, Federalism in China and Russia is one of the first attempts to integrate this literature from different disciplines into a coherent common framework. Libman and Rochlitz argue that the divergence in growth performance between Russia and China can be - at least partially - explained by a number of features of the Chinese system of centre-regional relations. The authors offer a comparative analysis of the development of centre-region relations in Russia and in China and explore several dimensions of these relations: fiscal ties and incentives; bureaucratic practices; flows of information; and local government practices, while addressing the determinants of divergence between both countries. They also examine how the Chinese system has recently started to change, by adopting several features of the Russian model, which might be one of the reasons for China's declining growth performance in recent years. Federalism in China and Russia should be read by scholars in public economics, political economy and comparative politics, as well as by students and policy analysts. For scholars, the book serves as a point of reference in studying the comparative evolution of the two countries. It will enrich the discussion on fiscal federalism, centre-region relations and sub-national political regimes, and could potentially become an important part of syllabi in political economy, public economics and comparative politics courses. For policy analysts, the book offers a comprehensive survey of the evolution of centre-periphery relations of the two countries and the differences between them, which is important to better understand the overall development of Russia and China.
From Nobel Prize-winning economist and bestselling author Joseph Stiglitz, this account of the dangers of free market fundamentalism reveals what has gone so wrong, but also shows us a way out. We all have the sense that our economy tilts toward big business, but as Joseph E. Stiglitz explains in People, Power and Profits, a few corporations have come to dominate entire sectors, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn't done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of economic prosperity and democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for people and not the other way around. If enough rally behind this agenda for change, we can create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a decent middle-class life can once again be attainable by all.
The multi-award-winning meditation on survival, care and the place of literature in an unequal world 'Around that time my daughter and I had this exchange: Anne, imagine if the world had nothing in it. Do you mean nothing at all - just darkness - or a world without objects? I mean a world without things: no houses, chairs, or cars. A world with only people and trees and dirt. What do you think would happen? People would make things. We would make things with trees and dirt.' When the cold comes, when our needs announce themselves, it is with clothing, with possessions, in literature, through dreams - in all the forms and categories that shape, contain and constrain - that we keep ourselves alive. Yet, in a society in which some are rich and some are poor, who gets to dream, and who invents our forms? This is a book made of money and the lack of money; of writing and of not-writing; of illness and of care; of low-rent apartments, cake-baking mothers, Socratic daughters and bodies that refuse to become information.
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