At CounterPunch, Jason Hirthler identifies one of the most important dynamics in the modern political world: "For every social advance, an economic price paid." Hirthler examines the real-life aftermath of the social breakthroughs and advances represented by the social justice campaigns of Martin Luther King, the ending of apartheid under the aegis of Nelson Mandela, and racial symbolism in the election of the first black American president, Barack Obama. In every case, Hirthler notes, genuine social achievements were followed by a brutal and ruthless expansion and entrenchment of ‘neoliberal’ economics — that is, the aggrandisement of elite power and privilege. One of the most glaring examples detailed by Hirthler is what happened after the genuinely astonishing and significant triumph of Mandela and the ANC: the share of South Africa’s wealth owned by whites has actually increased since the ending of the apartheid, thanks to the ANC’s betrayal of its own economic principles and its capitulation to the existing economic power structure.
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