Patrick Bond: Debt and the Historical Geography of South Africa’s Uneven and Combined Development ‘Varieties of Capitalism’ versus Dynamics of Capital Accumulation

1. Introduction
The Varieties of Capitalism (VoC) school may one day be judged yet another of those traditions of political economy imported to South Africa – such as Articulations of Modes of Production (early 1970s), Fractions of Capital (mid-1970s), Social History (1980s) and Regulation Theory (late 1980s-early 1990s) (about which see Bond 2011 for a review) – that at the time provide new insights worth considering, but that fail as a framing strategy because they are not ambitious enough or, alternatively, they say too much and hence too little. More

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