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Bond - Elite Transition - New Edition: From Apartheid to Neoliberalism in South Africa

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Elite Transition

Elite Transition

From Apartheid to Neoliberalism
in South Africa

Revised & Expanded Edition

Patrick Bond

First published 2000 by Pluto Press
345 Archway Road, London N6 5AA

This revised and expanded edition published 2014

www.plutobooks.com

Copyright Patrick Bond 2000, 2005, 2014

The right of Patrick Bond to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988.

British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library

ISBN 978 0 7453 3478 3 Hardback
ISBN 978 0 7453 3477 6 Paperback
ISBN 978 1 7837 1144 4 PDF eBook
ISBN 978 1 7837 1146 8 Kindle eBook
ISBN 978 1 7837 1145 1 EPUB eBook

Library of Congress Cataloging in Publication Data applied for

This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental standards of the country of origin.

10987654321

Typeset from disk by Stanford DTP Services, Northampton, England
Text design by Melanie Patrick
Simultaneously printed digitally by CPI Antony Rowe, Chippenham, UK and Edwards Bros in the United States of America

Contents

List of Acronyms and Abbreviations

ABSAAmalgamated Banks of South Africa
ACAfrican Communist
ANCAfrican National Congress
BEEBlack Economic Empowerment
CansaCampaign Against Neoliberalism in South Africa
CBMConsultative Business Movement
CBOCommunity-Based Organisation
CIACentral Intelligence Agency
CoNGOCo-opted Non-Governmental Organisation
CosatuCongress of South African Trade Unions
DBSADevelopment Bank of Southern Africa
DDADepartment of Development Aid
DEPDepartment of Economic Planning (ANC)
FabcosFoundation for African Business and Consumer Services
FMFinancial Mail
FrelimoFront for the Liberation of Mozambique
GATTGeneral Agreement on Tariffs and Trade
GDPGross Domestic Product
GearGrowth, Employment and Redistribution
HIPCHighly-Indebted Poor Countries
HSRCHuman Sciences Research Council
HWPHousing White Paper
IDTIndependent Development Trust
IFCInternational Finance Corporation
IFPInkatha Freedom Party
IMFInternational Monetary Fund
IscorIron and Steel Corporation
ISPIndustrial Strategy Project
JCIJohannesburg Consolidated Investments
JSEJohannesburg Stock Exchange
KPConservative Party
LAPCLand and Agricultural Policy Centre
LGTALocal Government Transition Act
LTCMLong-Term Capital Management
MDCMovement for Democratic Change
MDMMass Democratic Movement
MergMacroEconomic Research Group
NailNew African Investments Ltd
NEMNormative Economic Model
NGDSNational Growth and Development Strategy
NGONon-Governmental Organisation
NHFNational Housing Forum
NISNational Intelligence Service
NPNational Party
NumsaNational Union of Metalworkers (South Africa)
OECDOrganisation for Economic Cooperation and Development
PEPProfessional Economists Panel
PPTPresidential Project Team (Umtata)
PRPublic Relations
R&DResearch and Development
RDPReconstruction and Development Programme
RDSRural Development Strategy
SABSouth African Breweries
SACPSouth African Communist Party
SADCSouthern African Development Community
SAHTSouth African Housing Trust
SancoSouth African National Civic Organisation
SANDFSouth African National Defence Force
SangocoSouth African Non-Governmental Organisation Coalition
TAUTransvaal Agricultural Union
TECTransitional Executive Committee
THEMBAThere Must Be an Alternative
TINAThere Is No Alternative
UDIUnilateral Declaration of Independence (Rhodesia)
UDSUrban Development Strategy
UFUrban Foundation
UNCTADUnited Nations Conference on Trade and Development
UNDPUnited Nations Development Programme
WTOWorld Trade Organisation

INTRODUCTION

Dissecting South Africas Transition

This book aims to fill some gaps in the literature about South Africas late twentieth-century democratisation. There is already an abundance of commentary on the years of liberation struggle and particularly on the period 199094 empiricist accounts, academic tomes, self-serving biographies and many more narratives have been and are being drafted about the power-sharing arrangements that followed the April 1994 election, as well as the record of the ANC in its first term.

Some of these have been penned by progressives and are generally critical of the course the transition has taken thus far. In the development of an extremely rich heritage of thinking and writing about change in South Africa, have the dozen or more serious commentaries from the Left missed or skimmed or perhaps de-emphasised anything that this work can augment?

I believe so, namely a radical analytic-theoretic framework and some of the most telling details that help explain the transition from a popular-nationalist anti-apartheid project to official neoliberalism by which is meant adherence to free market economic principles, bolstered by the narrowest practical definition of democracy (not the radical participatory project many ANC cadre had expected) over an extremely short period of time. It is sometimes remarked that the inexorable journey from a self-reliant, anti-imperialist political-economic philosophy to allegedly home-grown structural adjustment that took Zambian, Mozambican/Angolan and Zimbabwean nationalists 25, 15 and 10 years, respectively, was in South Africa achieved in less than five (indeed, two years, if one takes the Growth, Employment and Redistribution document as a marker).

Inexorable? It is important now, while memories are fresh, to begin to describe with as much candour as possible even at the risk of unabashed polemic the forces of both structure and agency that were central to this process. Historians with better documentation (and, as in other settings, retroactive kiss-and-tell accounts by spurned ministers and bureaucrats, perhaps) will have to fill in, more comprehensively and objectively, once a fully representative and verifiable sample of evidence is in the public domain. In the meantime, a key motivation is that the near-term future for South African progressive politics relies upon identifying what was actually feasible, which initiatives derailed, when and how alliances were made, which social forces (and individuals on occasion) hijacked the liberation vehicle, where change happened and where it didnt, and what kind of lessons might be learned for the next stage of struggle.

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