State capture has always been a thing, perhaps the difference is the extent to which Zuma took it, a start would be not to reach those levels again then hope to work on totally weaning ourselves of it.
The political environment of an incapacitated state that is hugely dependent on business, an electoral system that gives power to the party instead of the electorate, state institutions still have to learn to exercise their mandated power and many other factors make us a sitting duck for state capture, all it needs is a willing participant in power.
In economics, a banana republic is a country with an economy of
state capitalism, by which economic model the country is operated as a
private commercial enterprise for the exclusive
profit of the ruling class. Such exploitation is enabled by collusion between the state and favored economic
monopolies, in which the profit, derived from the private exploitation of public lands, is private property, while the debts incurred thereby are the financial responsibility of the public treasury.
Such an imbalanced economy remains limited by the
uneven economic development of town and country, and usually reduces the national
currency into devalued
banknotes (paper money), rendering the country ineligible for
international development credit.
Status quo?
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