The South African tradition of racial capitalism

Abstract

This introduction to the special issue on “The South African Tradition of Racial Capitalism” situates the South African tradition of racial capitalism (SAT) against the organizational backdrop of the anti-apartheid movement, outlines the key theses of the SAT, and presents the contributions of the special issue. We argue that the SAT rests upon four key theses: 1) class struggle from above–the pursuit of profit–generates racism; 2) the capitalist state is the primary agent of racialization; 3) racial ideology can divide, enabling capitalism, but it can also unify, facilitating resistance; and 4) racial capitalism is a strategic concept that emphasizes the inseparability of anti-racist and anti-capitalist struggle. The SAT underscores the centrality of struggle and the importance of conjunctural analysis in the study of racial capitalism.