I believe even people under Mandela in the first ANC government bowed down to IMF/World Bank demands iirc. It’s been a while since I read Shock Doctrine :P
To be honest I can't blame Mandela that much, if at all, for that. The apartheid government had severely messed up the economy and got the country into massive amounts of debt though looting state resources on the way out and though general mismanagement and corruption. So with the country very much on edge and almost interrupting into civil war he focused a lot on stability, and a ton of very unfortunate consequences had to be made with regards to that, including bowing to capital and taking the loans instead of just writing off all apartheid debt or something. That's what the main commenter means by it being forced on the country.
What I will do is blame the people afterwards for massive mismanagement with AIDS denialism and trying neoliberal economics with no care for the state. Yes, line go up ™️, but the electricity company is breaking down and everything is failing, it was in no way a sustainable way to achieve economic growth or industrialization under a capitalist global system.
I believe even people under Mandela in the first ANC government bowed down to IMF/World Bank demands iirc. It’s been a while since I read Shock Doctrine :P
To be honest I can't blame Mandela that much, if at all, for that. The apartheid government had severely messed up the economy and got the country into massive amounts of debt though looting state resources on the way out and though general mismanagement and corruption. So with the country very much on edge and almost interrupting into civil war he focused a lot on stability, and a ton of very unfortunate consequences had to be made with regards to that, including bowing to capital and taking the loans instead of just writing off all apartheid debt or something. That's what the main commenter means by it being forced on the country.
What I will do is blame the people afterwards for massive mismanagement with AIDS denialism and trying neoliberal economics with no care for the state. Yes, line go up ™️, but the electricity company is breaking down and everything is failing, it was in no way a sustainable way to achieve economic growth or industrialization under a capitalist global system.