Tag Archives: economy

How the university can recuperate itself

In my previous post I wrote about the question raised by Bernard Stiegler on the pervasive stupidity characterising global societies today, and the failure of universities to live up to their historical task under present circumstances. The latter amount to what Stiegler calls “hyperindustrial” society, that is, a society in which it is not only…

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‘White land’ must fall, after Zuma

By Marius Oosthuizen I know what you’re thinking — another irritating piece about “white monopoly capital”. This is not about the Economic Freedom Fighters and their policy of redress through wholesale re-disenfranchisement and nationalisation. South Africa is more nuanced than the high politics of the day. The outcry of the last week is testament to…

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Axing Nene: Give us the reasons

One of my most powerful insights during the height of the #feesmustfall protests was that the media has its own agenda and bias. Nuance, the sympathetic depiction of all sides, fair coverage of silent constituencies: these are all niceties in the hurly-burly of a reporting frenzy. So with the axing of Nhlanhla Nene sending the…

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Any heroes in the ANC, please stand up?

Just when you thought it could not get any worse, it just did. Jacob Zuma clearly wants what he wants and he wants it now. And so, the prospect of JZ waking up to a R4 BILLION jet under his Christmas tree at his R250 MILLION Nkandla on the 25th has edged a little closer with the…

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Mandela delivered the transition we desperately needed

It’s not surprising that the anniversary of Nelson Mandela’s death generated reflection on the course we’re following as a nation. Some veered on the negative. But rather than denigrate those who express them, we should instead pay attention, listen and engage rationally with them. Doing so will anchor further freedom of speech, which is the…

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Something stirs behind the dull eyes and zombie shuffle

Just occasionally one glimpses, behind the dull eyes and zombie-like shuffle of President Jacob Zuma’s disengaged administration, the values that sustained the African National Congress in the struggle years. It’s a briefly cheering reminder that all is not yet lost. This week Kgalema Motlanthe, in an uncommonly frank Business Day interview, skewered the movement to…

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Fix the public education system to grow the economy

The essence of good strategic thinking and planning requires, for an organization, a critical capacity to anticipate events in the future that may have the capacity to derail its strategy and develop remedial measures to mitigate the threat. This is also true for a government. The crippling financial burden of university education for the poor,…

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Brics in crisis and new middle classes will bear the greatest costs

By Jan Hofmeyr These are trying times for Brazil and South Africa, the southern members of the Brics grouping of emerging nations that also include China, Russia and India. After years of robust growth their economies are in the doldrums, and their governments lack latitude in the options to revive them. It is not only…

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Let’s call a spade a spade, the EFF is marching towards a socialist dictatorship

By Marius Oosthuizen It was an ordinary February morning in 1989, for most in Berlin, but not for 21-year-old East German Chris Gueffroy. It would be his last day alive. The cold metal force from a border guard’s gun would rip through his jacket and shirt and pierce his heart — pouring deep red warm…

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The poor economy is not all Zuma’s fault

Some lessons I have learned from reporting on economic crises: * Don’t fixate on any one cause. Economies are complex webs of interrelated phenomena. Interest-rate changes are not the whim of the central bank, ie the Reserve Bank. They depend on a range of other economic actors, including our government and other economies in the…

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