A review of ‘Twilight of the Money Gods: Economics as a religion and how it all went wrong’ by John Rapley. London; New York; Sydney; Toronto; New Delhi: Simon and Schuster. 2017.
Tagged under Labour & Political Economy
A major claim of the purveyors of the ‘Africa rising’ narrative is the expansion of the African middle classes. Africanist scholarship has built upon this narrative, placing heavy emphasis upon such key issues as definition, consumption and the fragility of the ‘new’ middle classes across the continent. This book, the latest such offering amidst a burgeoning literature, confirms this trend, and is set to become a standard work of reference.
cc With South Africa's election fast approaching, Roger Southall predicts a triumphant yet problematic victory for Jacob Zuma’s African National Congress (ANC). Southall examines the shifting electoral terrain within South Africa, indicating that younger voters are changing the political demographic. Despite the ANC’s respected economic record, increasing concern surrounds government policy, with injustice and inequality still prevalent across the country some 15 years after 1994's 'liberation' election. The author argues that regardless of the ANC’s predictable success in the April 2009 election, the party’s sanctity has been shattered as a result of its corruption and role in worsening the livelihoods of ordinary South Africans. The ANC’s dominance in the electoral arena is subsiding, Southall contends, a reality which will prove key in shaping the future development of South Africa's democracy.Tagged under Governance South Africa