We shouldn’t aspire to change white monopoly capital to black monopoly capital - Mthethwa
Johannesburg - South Africans should focus less on the colour of monopoly capital and rather focus on contesting monopoly capital in all its forms, the ANC NEC member Nathi Mthethwa said on Monday.
"We shouldn’t be aspiring to change white monopoly capital to black monopoly capital. The uncompetitive nature of monopoly capital makes us raise an issue of contestation, whether it will be black or white," Mthethwa told reporters during a media briefing.
He was briefing reporters on the governing party’s discussion documents on its proposed strategy and plans which had been presented to more than 3 000 delegates attending the ANC’s 5th national policy conference at Nasrec in Johannesburg.
"We also warned comrades who were talking much about white monopoly capital and said to them, there’s nothing wrong with them expressing that, but they must understand that they are expressing a form not the content, the content is monopoly capital."
Mthethwa said South Africa’s historical legacy of colonialism played a major role in why monopoly capital was associated with the white race and this could not be denied.