Resistance is rising to the liberalising ideology of the South African state and corporate elites, says Patrick Bond, who is on an M&G Lit Fest panel.
SA's appointees undermine the bank's claims of being an alternative to Washington financiers.
The friction between different schools of socialist thinking has produced more light than heat for South Africa.
With additional pressures on the poor, judgment day could be approaching faster.
The institution has failed to retract a document that neoliberal politicians and commentators are using to advocate state spending cuts.
The World Bank's creative accounting has vastly exaggerated levels of poverty reduction.
The window to halt runaway climate change is closing fast this decade, with world-wide emissions cuts of 50% needed by 2020, and 90% by 2050.
The environment minister has cut funds to monitor climate change and contraventions, showing her tendency to collaborate with corporate power.
The alliance is in a co-dependent relationship with most malevolent forces of global finance.
The minister says the ANC is preparing for a new economic transformation after the poll. But at least one project shows how it could all go very wrong