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Political conflict and the social structure of accumulation: The case of South African apartheid

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  • James Heintz

    (Political Economy Research Institute, University of Massachusetts, Thompson Hall, Amherst, MA 01003, USA; Tel.: +1-413-545-6355; fax: +1-413-545-2921 jheintz@econs.umass.edu)

Abstract

This paper explores the institutional factors behind the crisis of capital accumulation in South Africa in the 1970s and 1980s. Estimations show that political instability accounted for most of the fall in the rate of accumulation, independent of distributive outcomes, such as the level of profitability. Contrary to prior criticisms, these results provide empirical support for a social structure of accumulation (SSA) interpretation of the performance of the South African economy.

Suggested Citation

  • James Heintz, 2002. "Political conflict and the social structure of accumulation: The case of South African apartheid," Review of Radical Political Economics, Union for Radical Political Economics, vol. 34(3), pages 319-326, September.
  • Handle: RePEc:sae:reorpe:v:34:y:2002:i:3:p:319-326
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    Cited by:

    1. Selami Sezgin & Sennur Sezgin, 2011. "Economics of Conflict: Turkey’s Experience," Chapters, in: Derek L. Braddon & Keith Hartley (ed.), Handbook on the Economics of Conflict, chapter 15, Edward Elgar Publishing.

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