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BOOK REVIEW | A Love Letter to the Many

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With its impressive tradition of left politics, South Africa was the hope of the world. At the heart of post-apartheid politics was a revolutionary nationalist ANC, the oldest Communist Party in Africa, the SACP, and one of the most militant labour union federations in the world, COSATU.

The state is not an employer!

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Election season is coming up soon in South Africa, and those with governmental power have started promising jobs to the millions who are unemployed. Yet anyone who has an inkling of economic knowledge would know that the politicians are writing cheques with their mouths, and that they will be unable to cash their actions.

BOOK REVIEW | Countdown to Socialism

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The National Democratic Revolution (NDR) is the policy blueprint of the governing African National Congress (ANC)/South African Communist Party (SACP) alliance, who have been implementing it in different spheres for more than two decades.

Can a liberal government eliminate SA’s wealth disparities?

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For us liberals, it matters little who makes a million dollars every other day, or how the world’s most endowed billionaires spend their wealth. As long as legitimate effort is exerted in an environment of free market competition; where entrepreneurship is recognised and rewarded on the basis of good business ethics and hard honest work.

A hegemon crumbles! – will the ANC survive after decades of...

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The African National Congress (ANC) is imploding. The productive energies of private enterprise have long been suppressed under the party’s hegemonic rule. Policy uncertainty, and simply bad policy, has kept South Africa back from fulfilling its full economic potential.

BusinessBrief April/May 2023 edition is now available!

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Read our exclusive cover story titled A hegemon crumbles! - will the ANC survive after decades of parasitic policies? by Martin van Staden, Deputy Head of Policy Research, South African Institute of Race Relations, plus a host of other topical management articles written by professionals, consultants and academics in the April/May 2023 edition.

Reality sucks

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Our reality is that our realities are unfixable in the short term as ideologies only change when supporters die of old age or in a revolution.

China e-commerce – is it time to look beyond regulatory pressures?

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Regulatory pressures have dominated the headlines for Chinese e-commerce in the past 12 months. We think the focus is now shifting. Nothing showcases China’s love of e-commerce better than Singles’ Day, or 11.11. This unofficial holiday, initially founded as an anti-Valentine’s Day for singletons, is held annually on the 11 November.

Pick n Pay ‘shutdown’ looms, the new expropriation

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The Economic Freedom Fighters (EFF) leader, Julius Malema has threatened Pick n Pay with 'militant action' if a third meeting request is ignored by the company. He has alleged that franchisees are exploited and treated unfairly by the retail company.

Economics is child’s play

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Ten children are invited to a birthday party. As they arrive, they are each given three golden tokens. The host explains that they will play various games with great prizes using these tokens. In the first game the prize is a brand-new bicycle, which the host says he will give to whichever child offers him the most tokens. This is the supply of desirable goods.

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