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oa Discourse - The global economic crisis : a sociological perspective

 

Abstract

What started in 2007 as a credit crunch in the financial sectors of the leading economies of the world has since developed into a fully-fledged global economic recession. Indeed, this crisis has had far reaching consequences for the world, particularly for developing countries. South Africa has not been spared from these economic woes. Despite the fact that it boasted an economy with an admirable GDP growth averaging 3,6 per cent in the 2000 to 2003 period and 5,1 per cent over the 2004 to 2007 period as well as its ability to maintain macroeconomic stability, this has been undermined by recent developments in the world economy. The economic implications of the crisis have been debated in the media and other public platforms. What has been missing in these public debates, however, are the social implications of the recessions. In this article we present a perspective which lays bare the social impacts of the crisis, thus suggesting that in addition to the widely acknowledged dire economic consequences, South Africa is experiencing a social crisis of major proportions. We argue that this social crisis will increasingly manifest itself through bursts of political mobilisation and violent protests by those social forces which bear the brunt of the crisis. A failure by policy-makers and the political leadership in the country to grasp this point and take the necessary action could place the country on a slippery road to political instability.

Wat in 2007 as 'n kredietkrisis in die finansiële sektore van die vooraanstaande ekonomieë van die wêreld begin het, het sedertdien in 'n volledige wêreldwye ekonomiese resessie ontwikkel. Trouens, hierdie krisis het verreikende gevolge vir die wêreld, veral die ontwikkelende lande. Suid-Afrika het nie hierdie ekonomiese ellendes vrygespring nie. Ten spyte van die feit dat ons met 'n ekonomie spog met 'n bewonderenswaardige BBP-groei van gemiddeld 3,6 persent in die tydperk 2000 tot 2003 en 5,1 persent in die tydperk 2004 tot 2007, asook ons vermoë om makro-ekonomiese stabiliteit te handhaaf, is dit deur onlangse ontwikkelings in die wêreldekonomie ondermyn. Die ekonomiese implikasies van die krisis is in die media en op ander openbare platforms bespreek. Wat egter in hierdie openbare debatte ontbreek het, is die maatskaplike implikasies van die resessie. In hierdie artikel bied ons 'n perspektief wat die maatskaplike (sosiale) uitwerking van die krisis blootlê, wat toon dat naas die wyd erkende verskriklike ekonomiese gevolge, Suid-Afrika 'n geweldige maatskaplike krisis beleef. Ons redeneer dat hierdie maatskaplike krisis sig toenemend deur vlae politieke mobilisasie en gewelddadige verset sal manifesteer deur dié sosiale kragte wat die pit sal afbyt weens die krisis. Versuim deur beleidmakers en die politieke leierskap in die land om hierdie punt te begryp en die nodige stappe te doen, kan die land op 'n glibberige pad na politieke onstabiliteit plaas.

Se se thomilego ka 2007 e le sekoloto ka mafapheng a ditšhelete a diekonomi tša diketapele tša lefase bjale se goletše godimo go ba go theoga ga ekonomi go go feletšego ga lefase ka bophara. Ka nnete, khuduego ye e na le ditlamorago go lefase, kudu dinaga tšeo di lego lenaneong la go ihlabolla. Afrika Borwa ga se ya beelwa ka thoko go bomadimabe bjo bja ekonomi. Ntle le gore e godišitše ekonomi ka kgolo ya GPD ye e dumegago ye e lekanyetšwago go dipersente tše 3,6 go tloga ka 2000 go ya go 2003, le dipersente tše 5,1 go tloga ka 2004 go ya go 2007 gammogo le go kgona ga yona go swarelela tekatekano ya tša ekonomi, se se ile sa tšeelwa fase ke ditlhabollo tše mpsha ka go ekonomi ya lefase. Dikakanyo tša ekonomi tša khuduego go ngangišanwe ka tšona ka go media le mafelong a mangwe a phatlalatša. Se se bego se hlokega ka go dingangišano tše tša phatlalatša ke dikakanyo tša leago tša go theoga ga ekonomi. Ka go lengwalonyakišišo le re hlagiša ponego yeo e beago dikakanyo tša leago tša khuduego molaleng, ka go realo di akanyago gore, go tlaleletša ditlamorago tšeo di bonwago ka bophara tša ekonomi, Afrika Borwa e itemogela khuduego ya leago bogolong bja dilo. Re tšea kgang ka gore khuduego ye ya leago e tla iponagatša kudu ka go runya ga magato a sepolitiki le ditšhupetšo tša dikgaruru ka dihlopha tša leago tšeo di kwago boima bja khuduego. Go palelwa ga boetapele bja dipolitiko ka nageng go lemoga ntlha ye le go tšea magato a a swanetšego go ka bea naga tseleng ye e relelago ya go leba go tekatekano ya dipolitiki.

Okwaqala ngo2007 njengokuququdwa kwezikweleleti emkhakheni wezezimali emnothweni ehamba phambili emhlabeni sekwathuthukela ekubeni ukuhlehla ngokugcwele komnotho emhlabeni jikelele. Ngempela le krayisisi seyibe nemiphumela efinyelela kude emhlabeni, ikakhulukazi emazweni asathuthuka. INingizimi Afrika ayisindanga kulolu sizi lwezomnotho. Ngale kweqiniso lokuthi yayinomnotho onokukhula kweGDP okubabazekayo okungamaphesenti angu3, 6 onyakeni ka2000 ukuya ku2003 ngaphezulu ku2004 ukuya ku2007 kanye futhi nekhono lokugcina ukuqina komnotho omkhulu, lokhu sekubukelwe phansi izehlakalo zakamuva emnothweni womhlaba. Imiphumela yale krayisisi seyibenezinkulumo mpikiswano ezindabeni nakwamanye amapulatifomu omphakathi. Kodwa okukade kushoda kulezi nkulumo mpikiswano zomphakthi ngokuhlehla komnotho imiphumela ebantwini. Kuleli phepha sethula umbono obekela obala imiphumela yekrayisisi kubantu, kanjalo kusho ngaphezulu kwaleyo miphumela emibi kakhulu eyamukelwe, iNingizimi Afrika ibhekene nekrayisisi yobuntu enkulu kakhulu. Siphakamisa ukuthi le krayisisi yobuntu izozibonakalisa kakhulu ngokuqhuma kwemvivo yezepolitiki nemibhikisho enodlame yilezo zingxenye zomphakathi ezithwala imiphumela yekrayisisi kakhulu. Ukuhluleka ukubona lesi simo nokuthatha izinyathelo ezifanele yilabo abanqamba izinqubomgomo nobuholi bezepolitiki ezweni, kubeka izwe endleleni yokungabuseki.

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/content/discourse/37/2/EJC31197
2009-12-01
2016-12-06
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