| Abstract: | The emergence of a significant manufacturing sector is no index of a social formation's shift to independent economic development. South Africa's path of industrialisation since the Second World War shows precisely the opposite. Industrial growth has been predicated on the reproduction of forms of capitalist production whose shape and rhythm of change are set in the advanced capitalist countries. Thus, South Africa's trajectory of accumulation in the recent phase may be characterised as ‘dependent industrialisation’. This is clearly seen in the domination of manufacturing industry by high‐technology, monopoly interests, closely interlinked with foreign investors and the state. |
