After all, they are (I believe) the 'S' in BRICS.
Somehow I have to wonder if US Hegemony is behind all of this.
On the other hand ... maybe's it's just plain ole' neoliberal capitalism at work ...
The ANC’s abandonment of the socialist policies it espoused in its iconic 1955 Freedom Charter for a pro-business, neoliberal approach in government has left apartheid more or less intact, materially speaking. With an official unemployment rate that has hovered above 30 percent for much of the 30 years, two of every three Black South Africans remain mired in poverty, or roughly 30 million people out of a total population of 52 million; the percentage of white South Africans living in poverty is about 1 percent.
Similarly, whites account for 7.3 percent of the population but continue to own nearly three-quarters of all farmland while Blacks account for 81 percent of the population yet own 4 percent of the land.
Meanwhile, ANC politicians’ penchant for living high off the hog while their constituents suffer, combined with a series of corruption scandals has turned public opinion against the ruling party. In 2022, a former intelligence officer accused South African President Cyril Ramaphosa of attempting to cover up the theft of $4 million in cash from his game farm in the northeastern Limpopo province.
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