Keyword: economic justice

Book Review: From the Freedom Charter to Polokwane, the Evolution of ANC Economic Policy

Picture: PhotoBookSA & Ben Turok Ebrahim-Khalil Hassen - "The People shall share in the countries wealth." This clause in the Freedom Charter tells of a continuing struggle to build a society that is more equal, prosperous and in which opportunity abounds for all. In recounting the Freedom Charter, Ben Turok – who introduced the economic clause at the authentic Congress of the People, describes this role as an accident of history. Turok is the author of the book "From the Freedom Charter to Polokwane: The Evolution of ANC...

A New Premise for Economics

Picture: lucapassoni Colette Francis - In my first year of business school I sat on a fold-down seat in a crowded lecture theatre, listening to a professor with a Texan drawl hammer home the central principle of modern economics. I looked around to see hundreds of eighteen-year-olds swallow his words like bait on a hook. Self-interest is good. Self-interest is better. Self-interest is best. Tentatively I raised my hand. "Excuse me, sir,’ I asked. ‘Shouldn’t we care about poor people?" He started up...

G20: Tens of Thousands Gather to Protest in the Streets of London

Picture: World Development Movement Democracy Now - Tens of thousands of protesters from around the world have gathered in London to demonstrate against the G20 talks and call for economic justice and environmental accountability. Amy Goodman of Democracy Now interviews Walden Bello of Focus on the Global South to get his perspective on the G20. *** AMY GOODMAN: President Obama is in London today ahead of the G20 summit, where world leaders are gathering to discuss the global economic crisis. It marks Obama’s first trip to Europe since...

South Africa's Political Parties and Climate Change: Who Gets the Thumbs Up, Who Get the Thumbs Down?

Picture: Indeed Motivation Michelle Pressend - The success of the recently held Earth Hour, which 35 countries including South Africa participated in, is testimony to the growing understanding of the relationship between human energy consumption and climate change. Energy consumption is at the heart of global warming. However and more importantly, we need to examine the issue more broadly. The planetary ecological crisis, commonly referred to as climate change, is a systemic dilemma stemming from unsustainable economic growth and...

Can Our Wine Industry Become a Model for the Rest of Our Agricultural Sector?

Picture: Trevor Samson - World Bank Glenn Ashton - Agricultural practice in modern South Africa has failed to evolve sufficiently to adapt to our emerging needs. Farm workers remain marginalised, their work conditions and job security are poor. The proposed redistribution of land is slow and fraught with problems. Existing farmers feel threatened. Globalisation poses enormous challenges to the sector. However, the travails and success of our wine industry may point us toward some solutions. South Africa's wine industry has matured since...

Motor Industry Rescue Plan Smacks of Corporate Welfarism

Picture: Ian Broyle Ebrahim-Khalil Hassen - Current debates on the motor industry rescue plan remind me of the origins of the term "Hobson’s choice". The phrase draws from a Mr. Hobson that rented out horses, and gave his customers no choice as to which horse they would rent. By limiting the choices available to customers, Mr. Hobson ensured that he both managed his stock, and ensured a rotation of horses. South African motor industries, through skilful lobbying, are arguing that the rescue plan is the only option...