HIST 382 Lecture 10: Lecture 10 - The Mineral Revolution
Document Summary
Migrant labour was built into the model of the mineral revolution. Many people from different areas came to work on the mines. There was a wealthy urban area and poor rural area, but the two areas were dependent on each other especially on migrant labour. The mines were segregationist and were drivers of economic transformation. It was always an economy that had a stationary vision built into it. Migrant labour has been a feature of south africa for a very long time. There were boom bust cycles in the mining industry that terrified the economy as a whole. The periods of crisis in the mines give rise to consolidation and winners to large companies that have monopolies and drive interests forward. There was an initial period where people rushed to diamond bases. Diamonds were relatively successful but were difficult to develop. One of the places that had a large amount of diamonds was.