Opinion / Columnist
White monopoly capital: Definition, use and denial
03 Jul 2017 at 20:07hrs | Views
"The theoretical conclusions of the Communists are in no way based on ideas or principles that have been invented, or discovered, by this or that would-be universal reformer. They merely express, in general terms, actual relations springing from an existing class struggle, from a historical movement going on under our very eyes"- Manifesto of the Communist Party, 1848.
"Today, the main task of the working class is to abolish the white monopoly of power, to carry out the national democratic revolution for the liberation of African and other oppressed people"- Augmented Meeting of the Central Committee of the South African Communist Party, 1970.
"We have in the past defined the forces which the NDR sought to defeat as the white ruling class, represented by monopoly capitalism and including other class and social strata within the white community, all whom had an objective interest in the continuation of white minority rule", ANC Discussion Document, Umrabulo 8, 2000.
1. Context
A narrative is now gaining momentum that the concept: "white monopoly capital", is an invention of some public relations firm called Bell Pottinger, which was founded in 1987, and that it does not exist in the literature of the national liberation movement.
Some have continued to maintain that "white monopoly capital" does not exist, while others acknowledge that it is exists but fearing for their positions in white monopoly establishments, their deals and careers, they say it is harmful to investment to keep on referring to "white monopoly capital".
But, is it really true that the concept, "white monopoly capital", does not exist in the annals of the South African revolution?
Download White monopoly capital HERE.
"Today, the main task of the working class is to abolish the white monopoly of power, to carry out the national democratic revolution for the liberation of African and other oppressed people"- Augmented Meeting of the Central Committee of the South African Communist Party, 1970.
"We have in the past defined the forces which the NDR sought to defeat as the white ruling class, represented by monopoly capitalism and including other class and social strata within the white community, all whom had an objective interest in the continuation of white minority rule", ANC Discussion Document, Umrabulo 8, 2000.
1. Context
A narrative is now gaining momentum that the concept: "white monopoly capital", is an invention of some public relations firm called Bell Pottinger, which was founded in 1987, and that it does not exist in the literature of the national liberation movement.
Some have continued to maintain that "white monopoly capital" does not exist, while others acknowledge that it is exists but fearing for their positions in white monopoly establishments, their deals and careers, they say it is harmful to investment to keep on referring to "white monopoly capital".
But, is it really true that the concept, "white monopoly capital", does not exist in the annals of the South African revolution?
Download White monopoly capital HERE.
Source - Christopher Malikane
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