Politics

Bottomless pits

State Owned Entities (SOEs) are hurting us more by keeping them just to spite White Monopoly Capital (WMC). WMC losses nothing whilst we (the government and the people at large) lose billions and billions in bail-outs every two years or so.  In theory, nationalisation is a great pro-poor concept that should assist a country solve […]

Politics

Best CEOs

Bill Gates and Mark Zuckerberg created their own multi-billion dollar companies from scratch. Because of their entrepreneurial and business management skills they are among the richest business men in the world. Without any doubt, they are the best CEOs in the world.  But even if you could employ Bill Gates and Mark Zuckerberg to manage […]

Politics

Regulatory capture – SA after the sale of Eskom

In the 1990s, many countries in the former Soviet bloc, Latin America, Africa and Asia adopted, in varying degrees, reforms aimed at replacing state intervention with market-driven policies. This was deemed a resounding victory for neoliberal economics and market fundamentalists. Luigi Manzetti claims, ‘Theoretically, they were based upon the theories of neo-liberal economists such as […]

Politics

Democracy tainted by ANC greed

My people’s fundamental problem with the debate about the land issue is simply this … in the last 25 years everything that the ANC has touched has become a disaster. The track record of corruption throughout the period of their administration has resulted in increased national debt, the bankruptcy of SOE’s, 90% of the municipalities, […]