South Africa and Ending Apartheid: The Free-Market Road Not Taken

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“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.”

http://www.thedailybell.com/editorials/34842/Richard-Ebeling-South-Africa-and-Ending-Apartheid-The-Free-Market-Road-Not-Taken/

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