Mediterranean journal of social sciences

The purpose of the paper is to provide a critique on the implementation of the Broad-based economic empowerment (BBBEE) policy framework against established theory. The critique is introduced by highlighting a brief background of the BBBEE policy framework. The first part of the paper employs theories on equality and social justice as lenses through which to look at the BBBEE policy framework. The second part of the paper considers the policy implementation literature to assess the implementation of BBBEE policy. Next, the theoretical perspectives on the self-regulatory power of the market are analysed against the BBBEE policy background. Finally, the paper questions the assertion by the South African…