The South African Variety of Capitalism

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dc.contributor.authorNattrass, Nicoli
dc.date.accessioned2016-05-06T08:27:19Z
dc.date.available2016-05-06T08:27:19Z
dc.date.issued2013
dc.date.updated2016-05-06T07:25:57Z
dc.description.abstractThis paper explores the South African political economy through the lens of a variety of capitalism (VoC) approach. It argues that attempts were made in the early post-apartheid period to forge a more social-democratic and co-ordinated variety of capitalism, but that this floundered as the government adopted neoliberal macroeconomic policies against the wishes of organised labour, and as black economic empowerment policies further undermined an already racially-fraught business sector. Organised labour was able to push for, and maintain, protective labour market policies – but this came at the cost of growing policy inconsistency notably with regard to trade liberalisation which, in the presence of growing labour-market protection, has exacerbated South Africa's unemployment crisis. Unemployment remains intractable (and with it inequality) and corruption/patrimonialism appears to be a growing problem.en_ZA
dc.identifierhttp://dx.doi.org/10.1080/13563467.2013.768610
dc.identifier.apacitationNattrass, N. (2013). The South African Variety of Capitalism. <i>New Political Economy</i>, http://hdl.handle.net/11427/19476en_ZA
dc.identifier.chicagocitationNattrass, Nicoli "The South African Variety of Capitalism." <i>New Political Economy</i> (2013) http://hdl.handle.net/11427/19476en_ZA
dc.identifier.citationNattrass, N. (2014). A South African variety of capitalism?. New Political Economy, 19(1), 56-78.en_ZA
dc.identifier.issn1356-3467en_ZA
dc.identifier.ris TY - Journal Article AU - Nattrass, Nicoli AB - This paper explores the South African political economy through the lens of a variety of capitalism (VoC) approach. It argues that attempts were made in the early post-apartheid period to forge a more social-democratic and co-ordinated variety of capitalism, but that this floundered as the government adopted neoliberal macroeconomic policies against the wishes of organised labour, and as black economic empowerment policies further undermined an already racially-fraught business sector. Organised labour was able to push for, and maintain, protective labour market policies – but this came at the cost of growing policy inconsistency notably with regard to trade liberalisation which, in the presence of growing labour-market protection, has exacerbated South Africa's unemployment crisis. Unemployment remains intractable (and with it inequality) and corruption/patrimonialism appears to be a growing problem. DA - 2013 DB - OpenUCT DP - University of Cape Town J1 - New Political Economy LK - https://open.uct.ac.za PB - University of Cape Town PY - 2013 SM - 1356-3467 T1 - The South African Variety of Capitalism TI - The South African Variety of Capitalism UR - http://hdl.handle.net/11427/19476 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/19476
dc.identifier.vancouvercitationNattrass N. The South African Variety of Capitalism. New Political Economy. 2013; http://hdl.handle.net/11427/19476.en_ZA
dc.languageengen_ZA
dc.publisherTaylor and Francisen_ZA
dc.publisher.departmentCentre for Social Science Research(CSSR)en_ZA
dc.publisher.facultyFaculty of Humanitiesen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.sourceNew Political Economyen_ZA
dc.source.urihttp://www.tandfonline.com/toc/cnpe20/current
dc.subject.otherpost-apartheid
dc.subject.othercapitalism
dc.subject.othereconomic policy
dc.subject.otherunemployment
dc.subject.otherblack economic empowerment
dc.subject.otherorganised lab
dc.titleThe South African Variety of Capitalismen_ZA
dc.typeJournal Articleen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceArticleen_ZA
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