We cannot ignore the colonial character of capital in SA, Nathi Mthethwa says
The ANC NEC member says that while some believe white monopoly capital is being used to protect other wrongdoings‚ it is a reality that the ANC must deal with
Monopoly capital is a reality‚ it is white and stands against all that the ANC hopes to achieve in SA.This was among the comments made by ANC national executive committee (NEC) member Nathi Mthethwa when he presented the policy document on strategy and tactics to journalists, at Luthuli House on Thursday.The document was presented at the mid-year policy conference, and provinces had been given time to give input before it is adopted at the elective conference starting in Nasrec on Saturday."The approach of the ANC towards monopoly capital and capital in general is accurately captured in the 2007 strategy and tactics document … it is inescapable that SA is impacted upon by globalisation at various fronts‚ especially monopolistic corporations," Mthethwa said."Monopoly capital in SA‚ historically and even today‚ is overwhelmingly white and male … the point which was emphasised here is that we cannot ignore the colonial character of capital in SA. White monopoly capital has close links ...
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