The African National Congress (ANC), led during the 1990s by the late Nelson Mandela, is projected to be reelected in South Africa’s May 7, 2014 national election by a wide margin, probably with between 50 and 60 percent of the vote. But underneath the ruling party’s apparent popularity, the society is seething with fury, partly at the mismanagement of vast mineral wealth. The political and economic rulers’ increasingly venal policies and practices are so bad that not only did ANC elites play a direct role in massacring striking mineworkers in August 2012, but corporate South Africa was soon rated by PriceWaterhouseCoopers as “world leader in money-laundering, bribery and corruption, procurement fraud, asset misappropriation and cybercrime,” with internal management responsible for more than three quarters of what was termed “mind-boggling” levels of theft.
This paragraph comes from a very interesting article written by Patrick Bond, Professor at the University of KwaZulu-Natal, that was published in the independent socialist magazine entitled the Monthly Review. The article touches on the Marikana incident and looks into the roles that the government and authorities played in planning this massacre. To read the full article click here.