Tag Archives: world economy

Capitalism or socialism? We have no choice

It is not surprising that South Africans have trouble thinking straight. The poor live in a state of anxiety and insecurity, while high crime rates have led to a fortress mentality among the rich. Fear and anger permeate our opinions and shape our politics. The haves persist in the shadow of Zimbabwe’s ruin; the have-nots endure,…

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The economic week in review: Fairly awful, actually

Aside from some unexpectedly upbeat news from manufacturers in the US and – to a lesser extent – China, this week saw the release of some truly awful economic data. Here’s the rundown. United States On Tuesday, the Institute for Supply Management’s (ISM) manufacturing index – an indicator of future activity – defied consensus expectations…

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