SINCE the 19th century May 1 has been International Worker’s Day, chosen by organised labour to celebrate the contribution of workers around the world. But it’s frequently forgotten that the day actually celebrates a particular achievement of the...
Tag: Social Wage
Economic disconnect caused by Technology and Welfare disconnect
SOUTH AFRICA’S YOUTH are experiencing an economic disconnect. A generation faced with a world without jobs, a massive debt burden, and an economy that has failed miserably to gear itself up for the third-wave technologies that Asia and the West have embraced decades previously. While you were out...
Fix the economy stupid and provide free education (part 4)
SOUTH AFRICA is an astonishing country. Not only are we home to more millionaires than any other African country, (40% of all African millionaires live in South Africa) but this wealth coincides with extremes of poverty and unemployment. Some 25.5 percent of the population is unemployed and this...
Fix the economy stupid and provide free education (part 3)
EXACTLY how is the country to going pay for free education? This is the question foremost on people's minds, as the country sobers up to the events of the past weeks, which saw the unprecedented storming of parliament and storming of the Union Buildings. Surprisingly, South Africa, ( as previousl...
Fix the economy stupid and provide free education (part 1)
IN 1994, the ruling party charted an economic course born out of the Interim Constitution and the Codesa negotiation process. Essentially, it involved embracing a 'mixed economy' approach, in which a market economy would exist side-by-side with a "dirigiste" economy, that had, as its antecedent,...
Kiss NHI good-bye
UNLESS we include striking miners and the 25% unemployed in our economic debates, South Africa risks losing its ability to pay for National Health Insurance. The rise of radical political formations in the form of AMCU, EFF, DLF, WASP and PAC and the decline of the ANC centrist administration, am...