Previous page | New search |
The free AfricaBib App for Android is available here
Periodical article | Leiden University catalogue | WorldCat |
Title: | Corporate power, society and the environment: a case study of ArcelorMittal South Africa |
Authors: | Bezuidenhout, Andries Cock, Jacklyn |
Year: | 2009 |
Periodical: | Transformation: Critical Perspectives on Southern Africa |
Issue: | 69 |
Pages: | 81-105 |
Language: | English |
Geographic term: | South Africa |
Subjects: | iron and steel industry multinational enterprises industrial policy pricing competition |
External link: | https://muse.jhu.edu/article/316935 |
Abstract: | An analysis of the privatized steel monopoly ArcelorMittal's operations in South Africa is used to raise questions about the power of multinational corporations in relation to the State. The article focuses on the steel manufacturer's externalization of environmental, social and economic costs onto communities and upstream consumers of steel. The analysis is grounded in two places where steel production networks 'touch down': Vanderbijlpark in the south of Gauteng, where ArcelorMittal manufactures steel, and Ezakheni in KwaZulu-Natal, where a household appliance manufacturer uses steel as a major input. The article points to the limitations of competition policy (directed at the prevention of 'import-parity pricing') in the absence of an effective industrial policy. The classification of the postapartheid South African State as a 'developmental State' is questioned in the context of this minimalist approach to economic and social transformation. Bibliogr., notes, ref., sum. [Journal abstract] |