The aim of this course is to provide course participants with an understanding of South Africa’s political economy. This, presented by Prof. Mark Swilling, will entail an understanding of four dimensions of this endeavour: (a) the way South African economic history has been understood from a political economy perspective; (b) the dynamics of post-1994 economic policy making and why the challenge of radical economic restructuring has not been adequately addressed; (c) the challenge of state capture from the perspective of the literature on neo-patrimonialism; and (d) potential alternatives, including industrial policy, radical green economy developments, ‘radical economic transformation’ and Fanonist perspectives on resistance and change.
At the end of the course, the participants will be able to:
- understand the way different economic paradigms have shaped the way South Africa’s economy is understood, including economic policy making;
- be able to apply the concepts they have learnt to analyse the economic challenges South Africa faces, in particular the need for inclusive structural transformation;