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The 1982 split in the Ruling Nationalist Party in South Africa focused attention on the relationship between Afrikaner nationalism and capitalism. Volkskapitalisme (the nationalist term for Afrikaner capital) analyses the development of Afrikaner nationalism from the early thirties to the election victory of the Nationalist Party in 1948. The book sets out to refute the commonly held belief that the nationalist policies of apartheid are simply the product of 'irrational' racial ideology. Dan O'Meara examines here for the first time the relationship between the emergence of 'Afrikaner' capital in the so-called Economic Movement of the 1940s and the political and ideological forms of development of Afrikaner nationalism. During these years, far from being a monolithic movement of an ethnically mobilised group, Afrikaner nationalism emerged as an alliance of conflicting class forces. Dan O'Meara's examination of the development of Afrikaner capital and the interplay of ideology, class and economic interests in Afrikaner nationalism is essential reading for all concerned with past political struggles in southern Africa.