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| 1 |
ID:
078568
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| Publication |
2007.
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| Summary/Abstract |
Black Economic Empowerment (BEE) is an attempt to marry redistributive and neo-liberal economic policies. The South African state, however, has differing degrees of power to force redistribution on different sectors of the economy. Fisheries is one of the sectors where state allocation of licenses, exploitation rights and quotas makes the prospects for BEE promising. In this article, we examine redistributive processes in the hake trawl industry. We conclude that BEE, despite its redistributive intentions, has been doubly conducive to the interests of large-scale South African capital. To begin with, it has by and large confirmed the historical share of fishing rights to incumbent, largely white-controlled, operators. Second, it has created a layer of 'black captains of industry' to whom incumbents are increasingly outsourcing primary production in a volatile, high-risk and currently loss-leading sector. While fishing operations are being outsourced under the banner of redistribution, the fish trade remains under the effective control of white capital.
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| 2 |
ID:
183761
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| Summary/Abstract |
From 1963 until 1975, Heineken, the Dutch brewing giant, was in dispute with the Egyptian government. The battle over compensation for the nationalization of the company’s assets in Egypt would become an international issue and a referendum on Egypt’s economic future. Although the two sides would eventually come to an agreement, the intense back and forth, preserved in Heineken’s company archives, sheds light on Egypt and its economy in a transitional period. This article, using unstudied archival material from Heineken, the Egyptian government, and local breweries, argues that the battle lays bare the roots of Egypt’s economic problems since the 1970s.
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