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You are here: Home / News / Gangster capitalism and its attendant warlords rule South Africa’s taxi industry | SA News

Gangster capitalism and its attendant warlords rule South Africa’s taxi industry | SA News

29 August 2025 by Guest

South Africa’s taxi industry has brought a relatively new iteration of capitalism to the country. It’s a gangster capitalism.

This form of capitalism is quite different from other forms, like crony capitalism, chaebol capitalism or even plutocratic capitalism. It is also not like the gangsters for capitalism of Henry Ford who employed gangsters to bust unions, or the gangsters of capitalism who were sent to destabilise countries in the Global South.

The gangster turn in South Africa changes the dynamic from gangsters being the weapon employed by capitalist actors, to these actors being themselves the gangsters. This gangster capitalism was born out of the absence of public transport…

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Reader Interactions

Comments

  1. Lime

    9 September 2026 at 12:56 am

    Fun South African Fact: Bones found in South Africa help support the theory that modern humans originated in Africa.

  2. Venom Charms

    2 September 2026 at 4:47 am

    Fun South African Fact: South Africa is home to a variety of landscapes and biomes, including deserts, wetlands, bushveld, grasslands, mountains and subtropical forests.

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