Global Capitalism uses privatization to take the wealth of South Africa
The Anglo-Boer wars were used to procure the mineral wealth of South Africa for the benefit of Cecil Rhodes, Alfred Beit, et al. A similar issue was revived in our own time, under the name of “fighting apartheid,” and while the world was jubilant at the assumption to power of the ANC, the reality has been that while the Africans have not benefited materially an iota, the parastatals or state owned enterprises are being privatized so that they can be sold off to global capitalism.
When the patriarch of South African capitalism, Harry Oppenheimer, whose family was a traditional foe of the Afrikaners, died in 2000 Nelson Mandela eulogized him thus: “His contribution to building partnership between big business and the new democratic government in that first period of democratic rule can never be appreciated too much.”
The “democracy” Oppenheimer and other plutocrats in tandem with the ANC, had delivered to South Africa is the freedom for global capital to exploit the country. Mandela stated the result of this “long march to freedom” in 1996: “Privatization is the fundamental policy of the ANC and will remain so.”
It is the same outcome for South Africa that was achieved by the “liberation” of Kosovan minerals in the name of “democracy” and in the name of the rights of Muslims under Serb rule, while other Muslims under their own rule are bombed into submission by the USA and its allies.
In commenting on the privatization of the Johannesburg municipal water, which is now under the French corporation Suez Lyonnaise Eaux, the ANC issued a statements declaring that: “Eskom is one of a host of government owned ‘parastatals’ created during the apartheid era which the democratically elected government has set out to privatize in a bid to raise money.”
Edited by stocks, 18 November 2016 - 08:40 AM.