Economic Growth and Political Change: the South African Case

Abstract

People of quite diverse social position and perspective have turned to economic growth as a source of political change in South Africa. Contained within the concept of growth, they maintain, are processes — capital accumulation and class formation, business enterprise and markets, changing skill and capital requirements – that, at the very least, allow some blacks a more secure and higher living standard, that may bring greater equality between the races, or more profoundly, confound traditional racial lines and privileges of quite diverse social position and perspective have turned to economic growth as a source of political change in South Africa. Contained within the concept of growth, they maintain, are processes — capital accumulation and class formation, business enterprise and markets, changing skill and capital requirements – that, at the very least, allow some blacks a more secure and higher living standard, that may bring greater equality between the races, or more profoundly, confound traditional racial lines and privileges. Indeed, some argue that growth undermines the foundations of the racial state. Many of those who posit a relationship between economics and politics, take the next logical step: supporting actions, including foreign investment, that foster economic growth and, presumably, political change in South Africa.