Black Economic Empowerment and the Post Apartheid South African Quest for the Domestication of Western Capitalism. The idea that capitalism and all its economic assumptions is the only viable economic system available for everybody in the world is an idea that has become generally accepted all over post colonial Africa regardless of ideological outlook. During the cold war, the main debate for many of the newly independent African states was on whether capitalism or socialism was compatible with African traditional values. This debate was also motivated by the need to domesticate capitalism as a pre requisite for economic development and socio economic transformation within a post colonial African society. With the end of socialism and the triumph of neo liberal capitalism all over the world, the idea of the domestication of capitalism in post colonial Africa as an indispensable mechanism for economic growth and socio economic and political transformation has given rise to idea that Africa can realize its economic potential within global capitalism only through economic policies such as indigenization, Africanisation and Black Economic Empowerment. Download the free trial version below to get started. Doubleclick the downloaded file to install the software.
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September 2018
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