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(BLACK OPINION SA) President Jacob Zuma explains white monopoly capital and Western imperialist interference in Africa

COMMENT - Oligarchy and globalisation are a problem all over the world, and in few places is it older than South Africa. South Africa and Botswana's diamonds were 90-95% of all the diamonds traded in the world in the 20th century, courtesy of De Beers only. President Zuma of South Africa on oligarchy - MrK

(BLACK OPINION SA) President Jacob Zuma explains white monopoly capital and Western imperialist interference in Africa
By admin Posted in Featured Politics
Posted on November 14, 2017

By BO Staff Writer

South African President, Jacob Zuma sat down with progressive 24 hour news channel, ANN7, to discuss his tenure and views on state matters. In the interview, Zuma said be doesn’t understand why people are still arguing about white monopoly capital, saying that it is a sad reality we cannot ignore. The president also touched on Western imperialism’s longing to maintain political anf economic control in Africa.

On white monopoly capital:

“In so far as white monopoly capital, I think the issue to me is very simple. If you have a history of South Africa where the majority was deprived of everything – and this is what people don’t like us to say, but it’s a fact, it’s not a manufactured story. We are not mad. We are telling the truth.

This is what, as a freedom fighter, we fought for. We are not saying something we don’t know. They took everything. The political power, which we now have, and the economic power, the land, everything.

When we say there is a monopoly, let us take the mines. Companies which dominate in the mines are not many. [Companies] who really are benefiting are very few. Whether you go to gold, diamonds, platinum, manganese or whatever, you will find the same companies in charge. That means they are dominating. That means they are monopolizing the economy. They are therefore monopolies. And, they are not black. The companies are not black.

You’ve got companies today that are basically white. They start from the biggest commodities to the broom. Their names are written there. They are monopolizing every space of the economy, it’s a fact. I don’t know why they shouldn’t be called by what they practise. I don’t know why there is a debate in fact, because there is a monopoly capital and in South Africa it is white. In all other countries there are monopolies, it doesn’t have colour as such. But here, because of our history, it does have a colour, it is white.

If you look at the land, stretches of land which was land that belonged to the majority, that was changed. It is now the minority which dominates. And that’s why we are saying these are monopolies. It’s not an insult it’s just explaining the position of the economy. Who is owning bigger, Who is poor.”

On Western imperialist interference:

“Yes, there are some foreign countries who look at some leaders in Africa as their enemy and I’m one of those. It is an accepted thing, or a known thing that if they want to undermine a country, they use the citizens of those countries. In other words, they buy them, they recruit them, they use them to undertake their own. They would also want to choose the people to lead the country who might agree to their policies or people they might actually control. That is a general thing in Africa, it’s not a secret.

Former colonial countries want to influence former colonies in one form or the other, for their own interest. You know for quite a few decades there used to be coup d’état’s in Africa and they were engineered by people from outside. In other words to change governments so that they put people who will support them. I don’t think South Africa will be immune from such a thing. It’s a reality. Leaving aside what I know, or what we know, just as a general kind of practise that has plagued Africa for a long time.

At times, even the issue of elections, how people influence elections in one form or the other, how those people have preference in terms of individuals. That’s what happens. I don’t think you could say South Africa is not affected by that. I think in South Africa what has been a difficulty to many of them is that the ANC has been too strong. It’s an old organisation. In fact some of them have been wishing for the ANC to disappear. But the ANC has been very strong. I think they have been trying every method to weaken the ANC. To create disagreements. To create friction within the ANC. To influence factions etc. There are forces which are always there trying to influence confusion and misleading people so that they can have things in their own way. So that they can be satisfied that they are in control. That one is a reality we cannot ru away from.”

Labels: ANC, APARTHEID, JACOB ZUMA, MONOPOLIES, OLIGARCHIES

posted by MrK @ 1:39 PM