South Africa Writhes In New Political-Economic Birth Pains
By Patrick Bond for Counter Punch - Indeed there is no doubt that at least one profound problem with the recent whitelash against Zuma is its class character. Even though the poor – who number more than 60% of the population nearly all black – have been most adversely affected by his policies, while the top 1% have maintained the worst inequality in the world, it is in Zuma’s looting of parastatal agency coffers that established white businesses feel threatened. The electricity supplier Eskom is most often cited, potentially for a $100 billion Russian nuclear deal which Gordhan had opposed. There are also unending mining-related Eskom boondoggles that favour a new breed of coal capitalists, especially the controversial Gupta brothers. The three Indian immigrants are regularly accused of brazen ‘state capture,’ e.g. in a long critique by EFF deputy leader Floyd Shivambu. In the first wave of resistance, on April 7, the main public face of the ‘Save South Africa’ movement coordinating the protests was Sipho Pityana. But the firm he chairs – AngloGold Ashanti – is amongst apartheid’s most notorious. Its origins date a century, to Harry Oppenheimer’s control of Johannesburg gold in the same tradition as De Beers’ founder Cecil John Rhodes...