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Imperialism South Africa

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The neoliberal policies, which South Africa has implemented after the end of the Apartheid era, has lead to increased inequality, both on the national as well as the global level. This has led many to argue that South Africa today faces a new kind of imperialism, one that is not so much based on political subordination but rather on a new type of economic subordination through a so-called "empire of capital". This idea, among others, falls under the broader theory of "economic imperialism".
According to the proponents of Economic Imperialism, neoliberal policies are driven by the logic of private accumilation of capital based on the exploitation of labour throughout the world, which has in turn caused a world-wide system of production and labour exploitation, with extreme levels of inequality and a system of dependency relations as a result. It becomes quickly clear, when defining economic imperialism, that it looks very unfavourably towards both the developed West and neoliberalism. Whether this can be justified however, …show more content…

It therefore also remains questionable whether or not neoliberalism is such a negative development at all. In the absence of alternative histories it is always easy to blame all the problems of the present on certain political courses, while neglecting the good developments it has brought to the country. Unfortunately, a thorough theoretical discussion on neoliberalism has been outside the scope of our paper. But whether or not neoliberalism becomes to be seen in a more positive light is ultimately dependent on the economic development of South Africa, something to which the future will provide us an answer

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