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South Africa's War Against Capitalism 1st Edition
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Williams does not take liberties in defining capitalism and socialism. He uses standards defined in most economic textbooks i.e. the greater the amount of governmental interference in an economy, the more socialist the economy. His ideas are not preconceived, nor does he attempt to downplay the impact of a vicious and immoral racist society on the perpetrators and victims. He does argue persuasively that apartheid without extensive government controls in the economic and political life of South Africa is untenable. Apartheid existed because a Socialist economy allowed the instigators to diffuse the costs of racism among the general population, white, black, and colored.Read more ›
You're damn right that early "capitalists" supported the apartheid regime, but only because they didn't want black people to have the economic freedom that the whites did. It's called an unequal distribution of capitalism. The whites had capitalism in South Africa, whereas the blacks had socialism. You forget that capitalism is an economic system, not a type of person (unless they believe in that system). The apartheid regime was socialist and against capitalism, because it denied blacks the right to own property and intervened in order to help out special interests. It's kind of like how many regulations ultimately help big businesses and corporations by squashing mom and pop stores.