Having visited South Africa as an adviser on housing for the poor, I can say that much of the population is ignorant and stuck in tribal traditions. The people I met were not capable of running anything.
Typical liberal wet dream. Oh wait! Obama is running the US!
I suppose that, as long as they can keep being elected, South Africa's black power-elite will prefer to reap the riches the educated white society can produce for them -- with a cut, of course.
Then again, once upon a time, I might have said the same about Mugabe.
The way the entire world is run is the result of a typical liberal wet dream — the UN.