South African business can beat back the toxic 'white monopoly capital' title by doing things differently and not by shouting from roof tops.
South Africa's governing ANC has always seen economic growth as the driving force for change. This was wishful thinking as the damage done by apartheid will take far more to undo.
South Africa's governing ANC appears to have lost claim to being a leader of society. This is clear from the outcome of its policy conference.
The policy conference of South Africa's governing ANC will be remembered for a party in disarray, plagued with internal dissent.
Policy conferences of South Africa's governing ANC have been about economic policy matters. But more recently organisational renewal has also dominated, as the party loses support.
The debate about white monopoly capital in post-apartheid South Africa is good for the country's politics but it tends to come with bad sociology.
The populism politics adopted by South Africa's ruling party, African National Congress, mask a strategy to deflect attention from the party's policy failures and to hide its many scandals.
The rising talk about 'white monopoly capital' as an obstacle to economic inclusion in South Africa is a red herring.