Against Global Apartheid
South Africa Meets the World Bank, IMF and International Finance

Written by Patrick Bond, the leading anti-capitalist writer in South Africa, this book is a systematic indictment of the devastating effects of neo-liberalism in South Africa and the Third World. He shows that the effects of IMF and World Bank reforms have been catastrophic.

This is a lucid analysis of neoliberal economics as formulated by the World Bank and IMF and imposed on Africa and South Africa in particular. It shows the economic and human damage wrought by these policies, and how they have displaced the originally radical and pro-people orientation of the ruling African National Congress. The leadership's change of heart has cost the South African people a million jobs, stymied their hopes of sustainable access to housing, water, electricity, health and education, dramatically worsened income inequality, and opened up a dangerous gulf of disillusion between voters and government. Patrick Bond describes how South African civil society has resisted corporate-dominated globalization, and argues that there is another way to more socially just and economically rapid development.

PART 1: POWERS AND VULNERABILITIES
1. Global crisis, African Oppression -
Introduction
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Global crisis, and crisis displacement
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The African crisis continues
2. Southern African socio-economic conflict -
Introduction
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Origins of the regional proletariat
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Structural socio-economic and environmental decline
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Workers, organisations and class politics
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Capital accumulation and regional visions
3. Bretton Woods Bankruptcies in Southern Africa -
Introduction
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From Bretton Woods to the debt crisis
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Shaping Southern African development
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From projects to policy in Southern Africa
4. Foreign aid, development and underdevelopment -
Introduction
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Dependency and leverage
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Currency risk on loans
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Civil society expectations
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Attributing blame
PART 2: ELITE CONTESTATION OF GLOBAL GOVERNANCE
5. The Global Balance of Forces -
Introduction
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The pro-status-quo forces
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Forces for change
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Alliances falter
6. Ideology and Global Governance -
Introduction
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Explaining globalisation
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Globalisation's techno-economic fix?
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Ideology and self-interest
7. Pretoria's Global Governance Strategy -
Introduction
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'Globalisation made me do it'
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Mbeki v. 'the globalisation of apartheid'
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Towards - or against - 'global solidarity'
PART 3: ECONOMIC POWER AND THE CASE OF HIV/AIDS TREATMENT
8. Pharmaceutical Corporations and US Imperialism -
Introduction
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US government pressure points
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Drug companies pressure the US government
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Resistance
9. Civil Society Conquest, State Failure -
Introduction
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Pharmaceutical pricing and street politics
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A political economy of South African AIDS
PART 4: GLOBALISATION? - OR INTERNATIONALISM PLUS THE NATION STATE?
10. The 'Fix-it-or-nix-it' Debate -
Introduction
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The World Bank under siege
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Reformers run into trouble
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Strategic divergences on the left
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After the IMF/World Bank have gone: Local/national/regional development finance?
11. The Third World in the Movement for Global Justice -
Introduction
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The world against Washington
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Lessons of Zapatismo
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Does Africa need Washington?
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South-South-North alliances against global finance/commerce
12. The Case for Locking Capital Down -
Introduction
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Comparative capital controls
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A brief history of South Africa's domestic finance and uneven development
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Exchange control options for South Africa
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Conclusion: From global apartheid to democratised investment