Economic Justice

SACSIS promotes the principle of just economies. We are opposed to economic development that violates social and economic rights and increases inequalities in the pursuit of economic growth.

How to Make Sure We Don't Mangle the Pursuit of Good Industrial Policy and National Interest

Picture: World Bank Saliem Fakir - No sooner had Zuma confirmed his cabinet and a select few in the whining caucus already started complaining that industrial policy is best left to the private sector to sort out.  All government needs to do is dish out the incentives, lower the taxes for exporters and ensure wage expectations are kept to the minimum.  So long as government does this, the private sector will do its level best to pick the winners. Such cynicism against government intervention must be met with...

Big Business Should Get with the Programme

Picture: United Nations Ebrahim-Khalil Hassen - The ultimate conceit in policy debates is to dismiss one’s adversaries with the words: "They just don't get it." In the run up to the elections this year and on the occasion of Cabinet announcements, a common refrain from private sector commentators is that the ‘left’ simply does not get it. The central argument presented is that the market offers the best options for continued success. The corollaries to this argument are that change takes time, but also that the...

Rewriting the Rules of the Casino Economy

Picture: John Wardell Glenn Ashton - Alan Greenspan was wrong. Free market ideology is rotten to the core. There is mayhem on main streets, with jobs haemorrhaging from every sector. It is not only first world working stiffs who are feeling the pain. The poor and working classes are suffering a great deal more, due to problems created on the other side of the world by a system that may as well operate in a parallel universe. The self serving greed and accumulative gathering of wealth through nefarious instruments of finance...

Swine Flu Has Its Roots in Poor Countries Being Forced to Accept Western Agribusiness

Picture: Archie Mcphee Democracy Now - Editors Note: To date, South Africa has reported two cases of the swine flu. The World Health Organisation has warned that it is not inevitable that the outbreak of swine flu could develop into a global epidemic or pandemic and that countries should "take the opportunity to prepare." How serious is the swine flu threat? Is it as serious a threat as the media make it out to be? For more information on this question, please click here for a report filed by Al Jazeera that will take...

Protectionism and the Economic Meltdown: How About Going Beyond a Crisis Response?

Picture: World Development Movement Stephen Greenberg - The South African Department of Trade and Industry’s (DTI’s) recent announcement that it is considering the reversal of some tariff cuts appears to fly in the face of a global anti-protectionist rhetoric. At the recent G20 Summit to discuss responses to the crisis engulfing the world’s economies, politicians were falling over each other to reject ‘isolationism’ and protectionism. Everywhere the bogey of protectionism is being warned against - not only by the same...

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...