Business

Why exchange controls aren’t going anywhere

So there is the on-going saga that is exchange controls. Every year there is also the usual pontificating, at national budget time, on the future of exchange controls. The financial pundits will all agree that exchange controls need to go and that maybe this is finally the year that the minister of finance will pluck…

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Oops, you just gave your invention to Telkom

“UPDATE, 8 Nov 2013: Telkom have now changed the rules of the competition, and no longer require entrants to cede or licence their IP. Here’s the media release [http://www.telkom.co.za/about_us/mediacentre/press_release/articles/2013/article_1216.html] It’s not clear yet whether Telkom will cede IP back to entrants where they’ve already ceded IP to Telkom. I’d encourage anyone who entered the competition…

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The Arctic: Why you should give a damn

The Arctic is melting. The Arctic is thawing — reaching record lows this decade as Arctic temperatures are at their highest in the last 44 000 years. Climate change is heating our planet, and we could soon see ice-free summers at the North Pole. In their latest climate report, scientists around the world are more emphatic…

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Woolies plunged into another Frankiestein nightmare

For the individual, strident public assertions of one’s unassailable virtue have few consequences beyond sceptical smirks and a possible shortage of dates for Saturday night. For corporations, though, it’s more complicated. In a world where consumer distrust is increasingly the norm, if such self-proclaimed corporate virtue is believed genuine, it can deliver fanatical levels of…

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Working class hero

If one takes a good look at John Lennon’s song Working Class Hero it must dawn on you sooner or later that, just like the song Imagine, it is powerfully revolutionary. In addition to targeting the family, school, college or university (Althusser’s apparatuses where ideology is inculcated in subjects), and the class structure of society,…

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Keith Hart on money, memory and democratising the economy

Keith Hart begins his thought-provoking book The Memory Bank: Money in an Unequal World (Profile Books, London, 2000) with the statement: “Ours is an age of money. Half the world worships money and the other half thinks of it as the root of all evil. In either case, money makes the world go round. If…

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The madness of capital

Last month the Associated Press reported that the income gap in the United States broke a new record in 2012, with the 1% grabbing a greater share of total household wealth than ever before in history. This news follows on the heels of the fact that the 1% not only captured all of the income…

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How is alcohol good for you?

I recently tweeted my views on the proposed ban on alcohol advertising. The ban, which I fully support, would see to it that alcohol no longer makes its regular appearance across multiple media channels. That means no more beer ads during a sports game. No more of those cider ads featuring hip-looking youth traversing the…

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The terminal nature of poverty

By Gillian Schutte As academics, journalists, social commentators and activists we have a sense that we know the poor. We are outraged by poverty and inequality and advocate for equity and a life of dignity for all. We look for ways to bring the voices of the poor into the public debate and ask questions…

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Micro-marketing: New opiate of the masses

By Rifqah Luzita Naidoo The trends of consumer culture have most certainly evolved since the late 1940s, where critics considered people as being given superficial morals through the mass media. On the one hand technology has brought things closer; we have the world wide web, online shopping and an application for everything under the sun….

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