Opinion
ANC echoes failed Nats policies with raid on pension funds
Budget shortfalls are result of unworkable nationalisation project
15 September 2019 - 00:04
If there's one valuable takeout from the past quarter of a century in SA, it's that the grand project of nationalisation has failed. This much is clear from the perilous situation at all our troubled SOEs. Placing the state at the centre of the economy, in control of all the "levers of power", has also meant funding the various wasteful, inefficient and corrupt extensions of the state through any means possible until the country is bankrupt. We're almost at that point...
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