Against global apartheid : South Africa meets the World Bank, IMF and international finance

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Against global apartheid : South Africa meets the World Bank, IMF and international finance

Patrick Bond

University of Cape Town Press , Zed Books, 2003

2nd ed

  • : UCT Press
  • : Zed Books : hb
  • : Zed Books : limp

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Includes bibliographical references and index

Description and Table of Contents

Volume

: Zed Books : hb ISBN 9781842773925

Description

This is a lucid analysis of neoliberal economics as formulated by the World Bank and IMF and imposed on Africa and South Africa in particular. It shows the economic and human damage wrought by these policies, and how they have displaced the originally radical and pro-people orientation of the ruling African National Congress. The leadership's change of heart has cost the South African people a million jobs, stymied their hopes of sustainable access to housing, water, electricity, health and education, dramatically worsened income inequality, and opened up a dangerous gulf of disillusion between voters and government. Patrick Bond describes how South African civil society has resisted corporate-dominated globalization, and argues that there is another way to more socially just and economically rapid development.

Table of Contents

PART 1: POWERS AND VULNERABILITIES 1. Global crisis, African Oppression - Introduction - Global crisis, and crisis displacement - The African crisis continues 2. Southern African socio-economic conflict - Introduction - Origins of the regional proletariat - Structural socio-economic and environmental decline - Workers, organisations and class politics - Capital accumulation and regional visions 3. Bretton Woods Bankruptcies in Southern Africa - Introduction - From Bretton Woods to the debt crisis - Shaping Southern African development - From projects to policy in Southern Africa 4. Foreign aid, development and underdevelopment - Introduction - Dependency and leverage - Currency risk on loans - Civil society expectations - Attributing blame PART 2: ELITE CONTESTATION OF GLOBAL GOVERNANCE 5. The Global Balance of Forces - Introduction - The pro-status-quo forces - Forces for change - Alliances falter 6. Ideology and Global Governance - Introduction - Explaining globalisation - Globalisation's techno-economic fix? - Ideology and self-interest 7. Pretoria's Global Governance Strategy - Introduction - 'Globalisation made me do it' - Mbeki v. 'the globalisation of apartheid' - Towards - or against - 'global solidarity' PART 3: ECONOMIC POWER AND THE CASE OF HIV/AIDS TREATMENT 8. Pharmaceutical Corporations and US Imperialism - Introduction - US government pressure points - Drug companies pressure the US government - Resistance 9. Civil Society Conquest, State Failure - Introduction - Pharmaceutical pricing and street politics - A political economy of South African AIDS PART 4: GLOBALISATION? - OR INTERNATIONALISM PLUS THE NATION STATE? 10. The 'Fix-it-or-nix-it' Debate - Introduction - The World Bank under siege - Reformers run into trouble - Strategic divergences on the left - After the IMF/World Bank have gone: Local/national/regional development finance? 11. The Third World in the Movement for Global Justice - Introduction - The world against Washington - Lessons of Zapatismo - Does Africa need Washington? - South-South-North alliances against global finance/commerce 12. The Case for Locking Capital Down - Introduction - Comparative capital controls - A brief history of South Africa's domestic finance and uneven development - Exchange control options for South Africa - Conclusion: From global apartheid to democratised investment
Volume

: Zed Books : limp ISBN 9781842773932

Description

This is a lucid analysis of neoliberal economics as formulated by the World Bank and IMF and imposed on Africa and South Africa in particular. It shows the economic and human damage wrought by these policies, and how they have displaced the originally radical and pro-people orientation of the ruling African National Congress. The leadership's change of heart has cost the South African people a million jobs, stymied their hopes of sustainable access to housing, water, electricity, health and education, dramatically worsened income inequality, and opened up a dangerous gulf of disillusion between voters and government. Patrick Bond describes how South African civil society has resisted corporate-dominated globalization, and argues that there is another way to more socially just and economically rapid development.

Table of Contents

PART 1: POWERS AND VULNERABILITIES 1. Global crisis, African Oppression - Introduction - Global crisis, and crisis displacement - The African crisis continues 2. Southern African socio-economic conflict - Introduction - Origins of the regional proletariat - Structural socio-economic and environmental decline - Workers, organisations and class politics - Capital accumulation and regional visions 3. Bretton Woods Bankruptcies in Southern Africa - Introduction - From Bretton Woods to the debt crisis - Shaping Southern African development - From projects to policy in Southern Africa 4. Foreign aid, development and underdevelopment - Introduction - Dependency and leverage - Currency risk on loans - Civil society expectations - Attributing blame PART 2: ELITE CONTESTATION OF GLOBAL GOVERNANCE 5. The Global Balance of Forces - Introduction - The pro-status-quo forces - Forces for change - Alliances falter 6. Ideology and Global Governance - Introduction - Explaining globalisation - Globalisation's techno-economic fix? - Ideology and self-interest 7. Pretoria's Global Governance Strategy - Introduction - 'Globalisation made me do it' - Mbeki v. 'the globalisation of apartheid' - Towards - or against - 'global solidarity' PART 3: ECONOMIC POWER AND THE CASE OF HIV/AIDS TREATMENT 8. Pharmaceutical Corporations and US Imperialism - Introduction - US government pressure points - Drug companies pressure the US government - Resistance 9. Civil Society Conquest, State Failure - Introduction - Pharmaceutical pricing and street politics - A political economy of South African AIDS PART 4: GLOBALISATION? - OR INTERNATIONALISM PLUS THE NATION STATE? 10. The 'Fix-it-or-nix-it' Debate - Introduction - The World Bank under siege - Reformers run into trouble - Strategic divergences on the left - After the IMF/World Bank have gone: Local/national/regional development finance? 11. The Third World in the Movement for Global Justice - Introduction - The world against Washington - Lessons of Zapatismo - Does Africa need Washington? - South-South-North alliances against global finance/commerce 12. The Case for Locking Capital Down - Introduction - Comparative capital controls - A brief history of South Africa's domestic finance and uneven development - Exchange control options for South Africa - Conclusion: From global apartheid to democratised investment
Volume

: UCT Press ISBN 9781919713823

Description

This book is a wide-ranging, lucid and powerfully argued analysis and critique of neo-liberal economics as formulated and imposed by the World Bank and IMF on developing countries generally, and Africa and South Africa specifically. It shows the extraordinary economic and human damage these policies have wrought over the past decade and more, and how they have displaced the originally radical and pro-people orientation of the African National Congress when it came to power.

Table of Contents

  • Global crisis, African oppression
  • Southern African socio-economic conflict
  • Bretton Woods bankruptcies in southern Africa
  • Foreign aid, development & underdevelopment
  • The global balance of forces
  • Ideology & global governance
  • Pretorias global governance strategy
  • Pharmaceutical corporations & US imperialism
  • Civil society conquest, state failure
  • The 'fixit- or-nix-it' debate
  • The Third World in the movement for global justice
  • The case for locking capital down.

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