“THERE IS NO RUN­NING AWAY FROM THE FACT THAT NOW IN SOUTH AFRICA THERE IS SUCH AN ILL DIS­TRI­BU­TION OF WEALTH THAT ANY FORM OF PO­LIT­I­CAL FREE­DOM WHICH DOES NOT TOUCH ON THE PROPER DIS­TRI­BU­TION OF WEALTH WILL BE MEAN­ING­LESS.”

Finweek English Edition - - In Brief -

− Black Con­scious­ness leader and anti-apartheid ac­tivist Steve Biko, who died in po­lice cus­tody on 12 Septem­ber 1977 af­ter be­ing se­verely beaten by state se­cu­rity of­fi­cers, wrote that whites have “locked up within a small mi­nor­ity of them­selves the greater pro­por­tion of the coun­try’s wealth. If we have a mere change of face of those in gov­ern­ing po­si­tions what is likely to hap­pen is that black peo­ple will con­tinue to be poor, and you will see a few blacks fil­ter­ing through into the so-called bour­geoisie. Our so­ci­ety will be run al­most as of yes­ter­day. So for mean­ing­ful change to ap­pear there needs to be an at­tempt at re­or­gan­is­ing the whole eco­nomic pat­tern and eco­nomic poli­cies within this par­tic­u­lar coun­try.”

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