All the numbers on South Africa’s crisis dashboard are blinking red. The economy is failing to grow and more and more young people find themselves on the outside looking in as education falters and jobs disappear. Energy and transport are in crisis. Governance is floundering as debt mounts and government runs out of money.

Better Choices is a collection by South Africa’s top thinkers on the political economy, providing an unflinching account of the myriad challenges the country faces. The picture that emerges is of a nation on the brink of a catastrophic slide into failure unless better, if tough, policy choices are made. As stark as these problems are, their solutions are tantalisingly close at hand. The chapters in this book outline exactly the solutions – those ‘better choices’– that need to be made by leadership to alter the country’s bleak trajectory.

South Africa cannot talk its way out of trouble. Key to success is removing the sources of friction – the red tape, over-regulation and rents – that slow down investment. This is only possible if a more effective, focused government acts decisively.

Compiled by The Brenthurst Foundation, Africa’s leading think tank on economic development, Better Choices is for those who want to build a positive, inclusive future for South Africa.

News24’s top journalists who were on the ground give a riveting firsthand account of what went down when South Africa was set alight shortly after Jacob Zuma’s imprisonment.

Dramatic and violent scenes unfolded in KwaZulu-Natal and Gauteng during the eight-day period of unrest and looting – the worst of its kind since apartheid ended. The violence claimed more than 300 lives and caused damage of R50 billion.

The three authors were on the scene covering all aspects of the violence from its inception which began as protests against Zuma's incarceration before it spiraled into widespread looting and violence which was later labelled an insurrection.

Includes dramatic detail of what went down in hotspot areas, as well as what happened behind the scenes politically, and how all the pieces of the puzzle fit together.

Following his explosive international bestseller Red Notice, Bill Browder returns with another gripping thriller chronicling how he became Vladimir Putin’s number one enemy by exposing Putin’s campaign to steal and launder hundreds of billions of dollars and kill anyone who stands in his way.

When Bill Browder’s young Russian lawyer, Sergei Magnitsky, was beaten to death in a Moscow jail, Browder made it his life’s mission to go after his killers and make sure they faced justice. The first step of that mission was to uncover who was behind the $230 million tax refund scheme that Magnitsky was killed over. As Browder and his team tracked the money as it flowed out of Russia through the Baltics and Cyprus and on to Western Europe and the Americas, they were shocked to discover that Vladimir Putin himself was a beneficiary of the crime.

As law enforcement agencies began freezing the money, Putin retaliated. He and his cronies set up honey traps, hired process servers to chase Browder through cities, murdered more of his Russian allies, and enlisted some of the top lawyers and politicians in America to bring him down. Putin will stop at nothing to protect his money. As Freezing Order reveals, it was Browder’s campaign to expose Putin’s corruption that prompted Russia’s intervention in the 2016 US presidential election.

At once a financial caper, an international adventure, and a passionate plea for justice, Freezing Order is a stirring morality tale about how one man can take on one of the most ruthless villains in the world—and win.

Amidst a backdrop of political unrest and voter disillusionment, South Africa finds itself at a crossroads, challenging its resiliency like never before. Bruce Whitfield, leveraging his deep connection with the nation's most innovative minds, presents The One Thing: Small Ideas, Big Outcomes, A Brighter Future for South Africa. This book is a clarion call for focused action, inspired by the wisdom that when everything is a priority, nothing truly is.

Through exclusive insights from business leaders to pioneers in various fields, Whitfield orchestrates a compelling narrative on the transformative power of single, impactful ideas.

'The One Thing' is not just a book; it's a blueprint for individual and collective commitment to propelling South Africa towards a brighter, more potent future.

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.

“We make a big mistake to consider Bain simply another foreign company that extracted economic rents. I believe its involvement in bringing South Africa to its knees through state capture was much more insidious.”

When Bain & Company partner Athol Williams reported his employer in October 2019 for withholding information on their complicity in state capture, he had no idea how far-reaching Bain’s collusion had been. Who would have suspected a prestigious global management consulting firm of misusing its business expertise and lending its reputation to the most profound attack on South Africa’s democracy?

Drawing on his testimony before the Zondo Commission, Williams here reveals the full extent of what Bain did not want the public to know. Not only did Bain withhold information and witnesses from the authorities; they also attempted to buy Williams’s silence and block his Zondo testimony.

Deep Collusion uncovers the inner workings of state capture design. Williams takes the reader into the evidence that reveals the after-hours, behind-closed-doors planning meetings that took place at Zuma’s residences – who was present and what was discussed. While this book exposes greed and corporate corruption and lifts the lid on foreign profiteering and the weakening of South Africa’s public institutions, it also highlights the lonely burden of the whistleblower and the great personal cost of telling the truth in the face of overwhelming pressure.

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.

A vital and timely investigation into how the consulting industry has made its way to the heart of our economies and governments - and what to do about it

There is an entrenched relationship between the consulting industry and hollowed-out, risk-averse governments and shareholder value-maximizing firms. Mariana Mazzucato and Rosie Collington show that our economies' reliance on companies such as McKinsey, Boston Consulting Group, Bain & Company, PwC, Deloitte, KPMG and EY stunts innovation, obfuscates corporate and political accountability and impedes our collective mission of halting climate breakdown. The 'Big Con' is possible in today's economies because of the unique power that consultancies wield through extensive contracts and networks - as advisors, legitimators and outsourcers - and the illusion that they are objective sources of expertise and capacity. The Big Con weakens our businesses, infantilizes our governments and warps our economies.

Mazzucato and Collington expertly debunk the myth that consultancies always add value to the economy. With a wealth of original research, they argue brilliantly for investment and collective intelligence within all organizations and communities, and for a new system in which public and private sectors work innovatively for the common good. We must recalibrate the role of consultants and rebuild economies and governments that are fit for purpose.

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.

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.

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.

A provocative, original and compelling history of catastrophes and their consequences.

Disasters are by their very nature hard to predict. Pandemics, like earthquakes, wildfires, financial crises and wars, are not normally distributed; there is no cycle of history to help us anticipate the next catastrophe. But when disaster strikes, we ought to be better prepared than the Romans were when Vesuvius erupted or medieval Italians when the Black Death struck. We have science on our side, after all. Yet the responses of a number of devloped countries to a new pathogen from China were badly bungled. Why?

The facile answer is to blame poor leadership. While populist rulers have certainly performed poorly in the face of the pandemic, more profund problems have been exposed by COVID-19. Only when we understand the central challenge posed by disaster in history can we see that this was also a failure of an administrative state and of economic elites that had grown myopic over much longer than just a few years. Why were so many Cassandras for so long ignored? Why did only some countries learn the right lessons from SARS and MERS? Why do appeals to 'the science' often turn out to be mere magical thinking?

Drawing from multiple disciplines, including history, economics and network science, Doom: The Politics Of Catastrophe is a global post mortem for a plague year. Drawing on preoccupations that have shaped his books for some twenty years, Niall Ferguson describes the pathologies that have done us so much damage: from imperial hubris to bureaucratic sclerosis and online schism. COVID-19 was a test failed by countries who must learn some serious lessons from history if they are to avoid the doom of irreversible decline.

An in-depth, authoritative, and timely look at the unprecedented economic war the US and its European allies are waging against Russia after Putin’s invasion of Ukraine—written by a veteran journalist with unparalleled access to Western and Russian sources.

Undeterred by eight years of timid US sanctions, Vladimir Putin ordered his full-scale assault on Ukraine on February 24, 2022. In the hours that followed across the world, Western leaders weaponized economic tools to counter an unprecedented land grab by a nuclear-armed power. What followed was an undeniably world-changing financial experiment that risked throwing the world into a devastating recession. The end goal was simple: to sap the strength of Putin’s war machine and damage the Russian economy—once the eleventh largest on the planet. Here, Russian expert and veteran journalist Stephanie Baker explains in fascinating detail how this furious shadow-war unfolded: its causes, how it is being executed, and its ability to affect Russia and the course of history.

From seizing superyachts to manipulating the global price of oil to trying to block the sale of military technology to Russia, we learn how the White House coordinated with top officials in London and Brussels to freeze a staggering $300 billion in foreign currency reserves accumulated in the West by Russia’s central bank. Mobilizing an army of white collar-crime investigators and experts on international law, Baker explores how the West has cracked down on illicit Russian money by targeting oligarchs, one superyacht at a time, and their enablers around the world.

Filled with propulsive, fly-on-the-wall details, Punishing Putin takes us into the frantic backroom deliberations that led to a whole new era of carefully calculated “economic statecraft” and shows how these new strategies are already radically rearranging global alliances that will influence the world order today, and for generations to come.

South Africa stands at the edge of a precipice. Almost thirty years after its first democratic election, poor policy and rampant corruption have left the country standing on the brink of becoming a failed state. In this thought-provoking book, Bronwyn Williams interviews a diverse group of public intellectuals, business leaders, and political mavericks to discuss tangible ways South Africa can rescue itself from itself. Through a series of illuminating conversations, a group of independent thinkers explore the root causes of South Africa’s problems and offer insightful – and radical – ways of how to solve them.

From addressing land reform and economic development to rooting out corruption and overhauling political institutions, the conversations in this book come together as a roadmap towards a better South Africa that leaves no one behind. While the challenges facing the young democracy are immense, these experts provide hope and inspiration towards productive actions we can take together to build a brighter future.

For anyone interested in understanding the complex issues facing South Africa today and how they can be addressed, Rescuing Our Republic is essential reading. It is a powerful reminder that the fate of a nation is not predetermined; that individuals, citizens and corporations still have powerful agency and that when that agency is directed towards the right ideas and actions, South Africa can still realise its full potential.

LIST OF INTERVIEWEES:

• Why nations succeed with Dr Adrian Saville
• Measuring what matters with Malcolm Ray
• The promise of Africa beyond borders with Dr Débísí Àràbà
• An antidote to the tragedy of the commons with Wandile Sihlobo
• Property is a big deal with Lars Doucet
• Democratisation of ownership with Charles Savage
• The economic importance of optimism with Bruce Whitfield
• Good neighbours with Giulietta Talevi
• The perpetual struggle for democracy with Justice Malala
• A new vision for South Africa with Songezo Zibi
• Beyond the Constitution with TK Pooe

South Africa is facing an extraordinary ‘polycrisis’. The dimensions of this crisis include an energy collapse; a failing rail network; weak education outcomes; an interrupted water supply; and the effects of decades of endemic corruption that have brought much of government to a halt.

But the country also has incredible assets: a wealth of sought-after minerals; an enviable Constitution that protects rights and advocates social inclusion; an advanced financial and services sector; thriving agricultural and auto industries that compete with the best in the world; a prosecution service that is rapidly rebuilding; and, most of all, strong-willed people determined to make life better through hard work, entrepreneurship and hustling.

The choice is stark: we either build on the positives and take the country forward or we will be overwhelmed by the negatives and end up as another Zimbabwe or Venezuela. We have the people, the policies and the resources. What is missing is the political will to make the difficult choices that will save South Africa from disaster.

This book takes you on a journey that ends with one of three possible future scenarios: the Good, the Bad or the Ugly. Compiled by The Brenthurst Foundation and In Transformation Initiative, and workshopped with high-powered leaders in business and politics, the scenarios have stimulated intense public interest as the country grapples with its mounting problems.

The good news is that there is a clear road towards a positive future. It will take courageous leadership and smart thinking to get there, but the ‘Good’ scenario is tantalisingly within grasp.

Major scholars examine different aspects of the ICU's record in the 1920s and 1930s, assessing its achievements and its failures in relation to the post-apartheid present.

The Industrial and Commercial Workers’ Union (ICU)―the largest black political organization in southern Africa before the 1940s―was active in six African colonies, as well as in global trade union networks. Labour Struggles in Southern Africa provides fresh perspectives on the ICU, exploring its record in the 1920s and 1930s and assessing its achievements and failures in relation to the present.

In its One Big Union approach to protecting workers' rights, its emphasis on economic freedoms, its internationalism, and its robust protection of women and migrant workers, the ICU fundamentally challenged the axioms, tactics, and programs of rival organizations like the African National Congress. Reflecting that, this book demonstrates that the legacies of the ICU continue to be of crucial contemporary relevance.

This timely book sets out a shrewd and comprehensive policy programme, for both 'microeconomic' supply-side settings of tax and regulatory systems, and 'macroeconomic' policies for fiscal and monetary policies to regulate demand and support the supply-side growth agenda. Explaining the numerous benefits of free trade after Britain's exit from the EU, and challenging the anti-Brexit argument, Patrick Minford builds on his extensive research into economic modelling to quantify the effects of Brexit and propose policies for the aftermath. Laying out an agenda for replacing social interventionist EU regulation with a robust free market framework, Minford proposes a radical tax reform programme to broaden the tax base and flatten marginal rates. This incisive book looks to the future of the UK beyond Brexit, addressing the effects of coronavirus and proposing an avenue of policies for recovery. Featuring key empirical analysis and insightful arguments, this book will be crucial reading for economists and policymakers investigating and overseeing the future of UK economic policy. It will also benefit scholars of economics and political economy, particularly those interested in tax reform programmes.

Explore the history of money! Learn how the process of making, handling, and protecting money has evolved over time. This 32-page nonfiction book covers economic topics like inflation and debt. Perfect for use in the classroom or at-home learning to explore how money has changed, from bartering to Bitcoin. Includes a short fiction piece to help students relate to the topic and engaging text features such as a glossary, useful discussion questions, and a Civics in Action activity designed to get students thinking and talking about social issues.

Neoliberal economic theories are powerful because their domestic translators make them go local, hybridizing global scripts with local ideas. This does not mean that all local translations shape policy, however. External constraints and translators' access to cohesive policy institutions filter what kind of neoliberal hybrids become policy reality. By comparing the moderate neoliberalism that prevails in Spain with the more radical one that shapes policy thinking in Romania, Ruling Ideas explains why neoliberal hybrids take the forms that they do and how they survive crises. Cornel Ban contributes to the literature by showing that these different varieties of neoliberalism depend on what competing ideas are available locally, on the networks of actors who serve as the local advocates of neoliberalism, and on their vulnerability to external coercion. Ruling Ideas covers an extended historical period, starting with the Franco period in Spain and the Ceausescu period in Romania, discusses the economic integration of these countries into the EU, and continues through Europe's Great Recession and the European debt crisis. The broad historical coverage enables a careful analysis of how neoliberalism rules in times of stability and crisis and under different political systems.

Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science. The books cover the most important themes within development and include studies of Latin America, Africa and Asia. Authors include Sir Alexander Cairncross, W. Arthur Lewis, Lord Peter Bauer and Cristobal Kay. An extensive collection of previously hard to access or out of print books, this set presents an unrivalled opportunity to build up a wealth of material in the field of development studies, with a particular focus upon economic and political concerns. The volumes in the collection offer both a global overview of the history of development in the twentieth century, and a huge variety of case studies on the development of individual nations. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)

Learn all about money with this relevant nonfiction book. Ideal for young readers, the book includes simple text, helpful pictures, a connected project, a fiction piece related to the topic, and more beneficial features. This 20-page full-color book details the various coins and bills used in the United States. It also covers key economics subjects in an easy-to-follow way and includes an extension activity for kindergarten. Perfect for the classroom, at-home learning, or homeschool to learn about the economy, ways to spend money, and the value of coins and bills.

The definitive book on the Chinese Communist Party's extensive campaign over the last two decades to take the pole position of global dominance.

For several decades China's ascendancy has been supported by an astonishingly broad and deep portfolio of quiet coercion. Stories of the Chinese Communist Party's authoritarian reach are breathtaking - the gagging of sports stars and huge Western brands; Hollywood self-censorship; infrastructure deals in exchange for political loyalty in multilateral organizations; and of course - communications firms. But these are just the most visible examples.

Beijing Rules exposes the armoury of strategies with which China has exploited Western weakness to position itself as leader in the game of nations: tying market access to political acquiescence; punitive tariffs; online disinformation operations; use of private companies to spy on global users; leveraging vaccines for geopolitical gain; and the crushing of democracy in Hong Kong. With these weapons and dextrous manoeuvrings during the global pandemic, China positioned itself to take its place at the apex of world powers.

Bethany Allen, an internationally recognized investigator into China's covert power, shows Western institutions have bowed to and even enabled Beijing's coercion. As we come reeling out of a global pandemic and eyes are on a new war in Europe, this revealing analysis sounds the alarm about the most significant shift in the new world order, and what we must do to prevent the loss of freedoms we take for granted.