Tag: socialism
Government hubris leaves South Africans in the dark
Industry grinds to a halt. Traffic stands gridlocked. Lights in dangerous areas go out. People sit in the dark. Whereas Christmas should usher in a time of jovial spirit, this December once again brings in load-shedding for South Africans.
The fundamental reason for belief in socialism
The heart of socialism is the class system. Whether it is Julius Malema or Vladimir Lenin or Fidel Castro or your Professor of Sociology, all socialists believe they belong to a superior class entitled to rule the inferior classes.
The malign folly of ‘Stakeholder’ theory
The only social responsibility of business is to use its resources and occupy its energies in the generation of wealth, so long as it stays within the rules of the game, which are to engage in open and free competition, without deception or fraud.
The incredible growth of the middle class
The world is fast approaching an incredible milestone in human development: for the first time in history more than half the world’s population will be middle class.
Chavismo | The latest socialist failure
The tragedy unfolding in Venezuela serves to prove a point long-settled by the failures of communist China, the USSR, Cambodia, Zimbabwe etc.
South Africa is not capitalist, but needs to be!
To say that South Africa is a capitalist society is popular among journalists, politicians, and trade unionists. If capitalism is understood to mean a system of free and voluntary engagement without third-party interference, the notion that South Africa is capitalist is false.
