Posted inBusinessEqualityGeneralNews/Politics

Where is the wealth Malema wants to redistribute?

In a conversation about South Africa’s socio-economic malaise with a thoughtful sociologist from abroad, he asked the burning question that is shaping South African politics: “where is the wealth?” We talk often in South Africa about wealth redistribution, black economic empowerment and socio-economic rights. Our constitution at the outset sketches a socially just society as […]

Posted inGeneralHealthLifestyle

The psychology of hope and earning a livelihood in South Africa

Dr Gloria Marsay South Africa continues to face an economic-socio-political crisis. The harsh reality of South Africa’s economic crisis suggests one of the highest Gini Coefficients in the world. Unemployment figures continue to rise. The draft policy issued by the Department of Higher Education and Training reveals that 68% of South Africa’s unemployed are in […]

Posted inEqualityGeneral

The UN is hiding the true extent of global hunger

As the Millennium Development Goals (MDGs) expire, the United Nations and the international NGO community are rallying around the conclusion that this has been “the most successful anti-poverty movement in history”. Poverty has been cut in half, they tell us. And hunger has taken a serious hit, falling narrowly shy of the target. It’s a […]

Posted inBusinessGeneral

The microfinance delusion: who really wins?

I’m always amazed at how many students show up each year in the classrooms of the London School of Economics, where I teach, quivering with excitement about microfinance and other “bottom-of-the-pyramid” development strategies. Like eager young missionaries, they feel they’ve stumbled upon the One Idea that is sure to save the world. Would that it […]