Socialist Action (US)

The monthly paper of Socialist Action, San Francisco, 1983–2010

[(continued from page I) ning and Development Chris…]

Socialist Action, Vol. 3, No. 10, October 1985 · scan p. 15 · about 478 words

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(continued from page I)

ning and Development Chris Heunis emphasized, Botha's proposal to give Blacks a kind of citizenship "does not mean they will exercise political rights in South Africa."

Capitalists begin to panic In recent months a significant portion of the capitalist class has expressed its impatience with Botha's policies. Leading clarions of South African finance such as Business Day magazine and The Financial Mail have demanded bluntly that President Botha "leave office now."

Otherwise, they warn, business executives will continue to pack their bags. During the last four months, for example, U.S. corporations have pulled out nearly a tenth of their $2.3 billion investment in the country.

"We have to go to power-sharing [with Blacks], Gerald S. Muller, the deputy director of Nedbank-the country's largest domestic bank-pointed out to the San Francisco Examiner.

Alfred Leroy, the managing director of Palabora Mining Co., joined in. "It would be nice to think that we are altruistic" he told the Examiner, "but it makes good economic and social sense to build a stable workforce."

Even under the expanding economy of the 1970s, according to Business Week, the apartheid system "hurt economic growth by limiting labor mobility and creating an artificial shortage of skilled workers."

But today's call for "power sharing" by sectors of the South African capitalist class (as well as by the Reagan administration) has a deeper motive. Big business fears increasingly that the government may not be able to sustain itself-nor safeguard profits-against the Black rebellion.

The self-styled realists among the capitalists have begun to recognize that Black-majority rule may not be far off. Will the mineowners, the factory owners, and the landlords be forced to flee, they wonder? Or can they-by offering the possibility of "power sharing"moderate or sidetrack a revolutionary mobilization of the masses?

Business Week, speaking for capitalbusinesses in the industrial areas of the Eastern Cape and the Transvaal.

At the present time, trade unionists and anti-apartheid activists alike are engaged in important activities to promote unity in the struggle. This has engendered a lively discussion about the question of alliances.

At the end of November, some 16 unions plan to come together to form a united federation of about a half-million members. The unions include FOSATU, a large independent non-racial federation, and most of the CUSA federation, which includes the giant National Union of Mineworkers.

Several trade unions, including CUSA, affiliated to the United Democratic Front (UDF) when it was formed two years ago. The two million-member UDF helped on the strike-support committee for the recent miners' strike, for example.

But FOSATU refused to join the UDF. While declaring its solidarity in the struggle against apartheid, FOSATU pointed out that the UDF was a multi-class organization and had no clear structure through which the working-class organizations could determine policy.

Many of the UDF's leaders are allied with the African National Congress and

← Contents of Vol. 3, No. 10, October 1985

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