Where will neoliberalism end?


- mg.co.za | a month ago

The ANC’s economic leadership has mostly brought about rapid deindustrialisation, the consolidation of an extractive and financialised minerals energy complex, and the creation of a black bourgeoisie whose poster boy and billionaire mining magnate Ramaphosa, is now president.

This is not to deny that significant changes have happened for the poor, especially in basic service delivery. Yet these have been motivated by the goal of minimum provision and sufficiency rather than equality, and are proving in fact, insufficient.

The decay of this social compact has been obvious.

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