Bell Pottinger was accused of facilitating state capture by the Gupta family, in working to burnish the reputation of a family owned investment company, Oakbay Investments, with connections to former President Zuma.
Who coined the phrase white monopoly capital?
Proponents of the term such as Pieter Bosch Botha, the Economic Freedom Fighters and Black First Land First argue that, despite Bell Pottinger's campaign, 'white monopoly capital' does exist in modern day South Africa.
What according to Marx is monopoly capital?
“Monopoly capital” is the term often used in Marxian political economy and by some non-Marxist analysts to designate the new form of capital, embodied in the modern giant corporation, that, beginning in the last quarter of the nineteenth century, displaced the small family firm as the dominant economic unit of the ...