By Charles H. Feinstein
Charles Feinstein surveys years of South African financial background from the years previous ecu settlements in 1652 via to the post-Apartheid period. Following the early section of gradual development, he charts the transformation of the economic climate as a result discovery of diamonds and gold within the 1870s, and the speedy upward thrust of within the wartime years. eventually, emphasizing the methods in which the black inhabitants was once disadvantaged of land, and prompted to provide hard work for white farms, mines and factories, Feinstein files the creation of apartheid after 1948, and its outcomes for monetary functionality
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Additional resources for An Economic History of South Africa: Conquest, Discrimination, and Development
Both types of activity involved conflict with Africans, and the wars to determine who controlled the land that had begun in the late eighteenth century on the eastern frontier of the Cape were continued during the mid-nineteenth century in the interior. 32 An Economic History of South Africa 1652–1700 1700–1750 1750–1798 BECHUANALAND 1798–1850 PROTECTORATE 1850–1900 Pretoria Johannesburg SWAZILAND . R al O ra . Va nge R Kimberley Or an ge BASUTOLAND R. Durban Ke iR G t. F i Graaff Reinet s h Cape Town Stellenbosch Swellendam R.
It might not have compared either in quantity or quality with the wool sheared from the backs of sheep in Australia and South America, but the Cape had at last found a major export staple. 4 E. ), Cambridge history of the British Empire, vol. VIII, South Africa, 2nd edn, Cambridge: Cambridge University Press, 1963, p. 224. 1. 6 a The series measures the net exports of South African produce; it excludes re-exports and specie and is net of inter-colonial trade. b Including wine, fresh fruit, maize, sugar, and meat.
The nature of their initial relationship with the Europeans is well illustrated in this extract from the Journal kept by van Riebeeck. Following an exchange with the Khoikhoi in 1660, a bare eight years after he landed, about continuing disputes over grazing land in the vicinity of Cape Town, he recorded that their leaders strongly insisted that we had been appropriating more and more of their land, which had been theirs all these centuries, and on which they had been accustomed to let their cattle graze, etc.