Butterworth: A Case Study of Apartheid Industrial Decentralisation and Democratic De-Industralisation, 1968 to 2007

This book explores the economic policies of apartheid in South Africa and the lessons that can be learned from them for job creation in the current democratic government. Despite apartheid's negative aspects, it had successful industrialization policies that created jobs for thousands of people. The private sector and banks need to invest in black businesses and eradicate stringent loan requirements to stimulate economic activity.

Format: Paperback / softback
Length: 205 pages
Publication date: 30 July 2022
Publisher: Unisa Press

This captivating book transports readers back to the era of industrialization in South Africa, particularly in the bustling city of Butterworth in the Eastern Cape. Butterworth serves as a poignant microcosm of the apartheid government's industrialization policy, which aimed to empower black entrepreneurs to take over businesses initially established by white industrialists with government funding.

Rural towns and townships became hubs of economic development, fostering a sense of empowerment among black business owners. These individuals were able to seize opportunities and establish thriving enterprises, often challenging the established order.

However, a stark contrast emerges when comparing the apartheid economic policy with the current democratic government's job creation initiatives. Despite the democratic government's well-intentioned efforts, the economy fails to stimulate sufficient job creation for the majority of South Africans. Many of the former industrial sites, once bustling with activity, now stand as abandoned white elephants, a testament to the economic challenges faced by the country.

Despite the atrocities of apartheid, including its crimes against humanity and exploitative practices, it is important to acknowledge that the regime had some sound economic policies that led to job creation for thousands of individuals through industrialization. The apartheid government recognized the importance of industrialization as a means of economic growth and development.

However, it is crucial to recognize that corruption remains the greatest impediment to development, and the available funding often fails to reach entrepreneurs as it is diverted and looted by politicians through patronage. Economic development and job creation should not solely be the domain of the government; the private sector must also invest in black businesses, fostering a more inclusive and equitable economy.

Furthermore, banks need to actively participate by eradicating stringent requirements in issuing loans to black entrepreneurs. By facilitating access to capital, banks can play a vital role in stimulating economic activity and promoting entrepreneurship among the black community.

In conclusion, this book offers valuable insights into the complex history of industrialization in South Africa, particularly during the apartheid era. It highlights the successes and challenges faced by black entrepreneurs and the economic policies that shaped their experiences. By learning from the past, the democratic government can strive to create a more inclusive and prosperous economy that benefits all South Africans.

ISBN-13: 9781776151073