Cape Argus

Crucial to assess role played by business

- Legoale writes in his personal capacity.

THE current disagreeme­nt between the Wagner and Russian military leadership has brought to the fore the power that private business has in disrupting any country.

This situation applies to other countries as well, such as South Africa, where white monopoly controls the state. The likes of Rupert Murdoch and the Oppenheime­rs have a stronghold on the country’s political environmen­t, to the extent that they even have their own private terminal at airports.

The case of Wagner and the Russian military leadership is a classic instance of how private businesses can step into the power corridors of a country. Wagner, a private military company, is causing a rift between Russia’s military leadership and the Kremlin, as its influence is seen as a threat to the Russian army’s command and control structure.

The disagreeme­nt underscore­s the fact that private businesses, particular­ly those with large sums of money, can wield significan­t power and influence over government­s and societies.

The same situation is occurring in South Africa, where the likes of Murdoch and the Oppenheime­rs are controllin­g the state, political environmen­t, and economy.

These business tycoons have significan­t stakes in various sectors of the country’s economy, such as mining, banking, agricultur­e, and media. They use their wealth and influence to dictate government policies, secure favourable business deals, and silence critics.

This situation has bred resentment in South Africa, with many accusing the business elites of stifling democratic processes and monopolisi­ng the country’s wealth.

White monopoly capital’s grip on power in South Africa has resulted in a lack of genuine transforma­tion, marginalis­ation of black-owned businesses, and widening inequality.

The situation has resulted in a power vacuum where private wealth is pitted against the interests of the state and its citizens.

The reality of private business as power is evident in the likes of Murdoch and the Oppenheime­rs having a private terminal at airports.

The terminal allows them to avoid long queues and enjoy exclusive services that cater solely to their needs. Such privileges are a testament to the level of influence that private businesses have in South Africa, and the extent to which they control resources and political power.

The likes of Murdoch and Oppenheime­rs wield significan­t power and influence through their wealth, resulting in a power vacuum that perpetuate­s inequality and marginalis­ation of the majority.

As such, it’s crucial that countries take stock of the role played by powerful private businesses in their societies to ensure that resources are distribute­d equitably and democracy is protected.

 ?? ?? ANC Youth League regional chairperso­n in Fezile Dabi Region, and a member of the National Executive Committee of the South African Youth Council EDGAR LEGOALE
ANC Youth League regional chairperso­n in Fezile Dabi Region, and a member of the National Executive Committee of the South African Youth Council EDGAR LEGOALE

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