White monopoly capital is a term that originated in South Africa and is often used to describe a perceived concentration of economic power and wealth among White South Africans. It suggests that a small number of white-owned businesses (in an oligopoly) dominate various sectors of the South African economy, thereby controlling significant resources and influencing economic policies to their advantage.
White monopoly capital is a term that originated in South Africa and is often used to describe a perceived concentration of economic power and wealth among White South Africans. It suggests that a small number of white-owned businesses (in an oligopoly) dominate various sectors of the South African economy, thereby controlling significant resources and influencing economic policies to their advantage.
Source: Wikipedia "White monopoly capital" · CC BY-SA 4.0
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