Abstract
| Original language | English |
|---|---|
| Journal | African Affairs |
| Volume | 106 |
| Issue number | 424 |
| Pages (from-to) | 437-462 |
| Number of pages | 26 |
| ISSN | 0001-9909 |
| DOIs | |
| Publication status | Published - 2007 |
| Externally published | Yes |
Cite this
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The Chimera of Redistribution in Post-apartheid South Africa : 'Black Economic Empowerment' (BEE) in Industrial Fisheries. / Ponte, Stefano; van Sittert, Lance.
In: African Affairs, Vol. 106, No. 424, 2007, p. 437-462.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - The Chimera of Redistribution in Post-apartheid South Africa
T2 - 'Black Economic Empowerment' (BEE) in Industrial Fisheries
AU - Ponte, Stefano
AU - van Sittert, Lance
PY - 2007
Y1 - 2007
N2 - Black Economic Empowerment (BEE) is an attempt to marry redistributive and neo-liberal economic policies. The South African state, however, has differing degrees of power to force redistribution on different sectors of the economy. Fisheries is one of the sectors where state allocation of licenses, exploitation rights and quotas makes the prospects for BEE promising. In this article, we examine redistributive processes in the hake trawl industry. We conclude that BEE, despite its redistributive intentions, has been doubly conducive to the interests of large-scale South African capital. To begin with, it has by and large confirmed the historical share of fishing rights to incumbent, largely white-controlled, operators. Second, it has created a layer of 'black captains of industry' to whom incumbents are increasingly outsourcing primary production in a volatile, high-risk and currently loss-leading sector. While fishing operations are being outsourced under the banner of redistribution, the fish trade remains under the effective control of white capital.
AB - Black Economic Empowerment (BEE) is an attempt to marry redistributive and neo-liberal economic policies. The South African state, however, has differing degrees of power to force redistribution on different sectors of the economy. Fisheries is one of the sectors where state allocation of licenses, exploitation rights and quotas makes the prospects for BEE promising. In this article, we examine redistributive processes in the hake trawl industry. We conclude that BEE, despite its redistributive intentions, has been doubly conducive to the interests of large-scale South African capital. To begin with, it has by and large confirmed the historical share of fishing rights to incumbent, largely white-controlled, operators. Second, it has created a layer of 'black captains of industry' to whom incumbents are increasingly outsourcing primary production in a volatile, high-risk and currently loss-leading sector. While fishing operations are being outsourced under the banner of redistribution, the fish trade remains under the effective control of white capital.
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954925375840
U2 - 10.1093/afraf/adm019
DO - 10.1093/afraf/adm019
M3 - Journal article
VL - 106
SP - 437
EP - 462
JO - African Affairs
JF - African Affairs
SN - 0001-9909
IS - 424
ER -