This article goes out to all the people who still believe the lie that apartheid was a capitalist system and that a white class of bourgeois oppressed a disenfranchised black proletariat. I shall firstly try to explain the origins of this falsehood, and then go on to illuminate the truth as I see it. I expect that some people will call me a liar and try to twist my words to prove something or other about my attitude to certain members of South African society. I advise them to read a book and counter my ideas, rather than attack a straw man of my character. Apartheid was a reaction to capitalist trends. When the Dutch East India Company first colonized South Africa there was much debate whether poor, white Europeans should be imported as labor, or local, black populations should be used instead. Capital won out because white people ‘expected’ higher wages and would cost more money to transport and relocate to the Cape. For a profit driven company to keep costs low, they could justify employing blacks. This trend continued for much of the early history of South Africa, but as the white population grew steadily after the discovery of gold and diamonds on the Rand, something interesting started to happen. Blacks were becoming skilled laborers and miners. In the opinion of the big mining companies they worked harder and for less money than white laborers. In some instances they were even more skilled. If capitalism had been allowed to thrive, the so called ‘commanding heights’ of the South African economy would be stocked with cheap, skilled, Black labor, rather than lazy, unproductive and expensive white labor. Finally, PW Botha made limited reforms in 1983, the white population approved the new constitution. Ten years later, the referendum of 1992 showed that White South Africans were just as fed up with apartheid’s restrictive and ridiculous regulations as the other races were. The ANC slipped into power so easily by promising change. They had campaigned on ‘democracy’ and ‘freedom’, and the lie that Apartheid was rampant capitalism. The reason that there been no substantial change in the lives of average South Africans is precisely because the lies of the ANC have distorted our expectations of the ‘New’ South Africa. If we had been paying attention we would have seen that we merely traded a bunch of white socialists for a bunch of black ones.