“Many private businesses in South Africa were interested and willing to employ black workers and invest in their training and acquisition of more highly valued marketable skills. However, the Afrikaner government used its regulatory and fiscal tools of control and intimidation to ‘keep in line’ white employers who saw economic gain by ‘crossing the color line’ in their businesses and enterprises. Thus, it was political goals of the South African government and not the market motive of profit that prevented black South Africans from having the opportunities to rise more out of poverty through peaceful competition and cooperative commercial association.”
Related posts:
Bill Bonner: The Day the ATMs Run Out…
The cops are a dangerous replacement for private gun ownership
Bill Bonner: What I Learned in China About the Fate of the US Dollar
Freedom or the Slaughterhouse? The American Police State from A to Z
A Real Life Thelma and Louise: the US and the EU
The Fiscal Cliff's Structural Endgame
If Edward Snowden Had Read This Book …
Michael Scheuer: Obama & Brennan - A new American-killing “Murder Inc”?
The Gig Economy Makes Karl Marx’s Dreams Come True
The State of Our Union: A House Divided, Enslaved & Mired in Past Mistakes
How the Silk Road Shutdown Makes Everyone Less Safe
Bill Bonner: A Crash Course in Money (Part III)
"When Will They Learn?"
Is College A Scam?
Bitcoin, the Darknet Economy, and the Low Over-Head Revolution
