Premeditated
MANDE KANG
reddit south Africa (comprise of mostly white south africans) despises this dude
This is a good interview. It's good that the host is pushing back against EFF's economic plan.
Is their economic plan bad?
They seem to be stuck in the Socialist cold war era.It's a bit unrealistic and they seem to be making the same mistake Zimbabwe did with their farmers.
Saying that you'll take the economy from 0.7% growth to 6% in 1 year is a bit unrealistic.
They seem to be stuck in the Socialist cold war era.
There is a lack of modern prominent black economists. Most who have economist backgrounds just try to implement western capitalist or eastern socialist strategy vs developing new concepts that speak to the unique conditions of black people.
I would think that socialism in general would be a economic system that's a better fit for Africa seeing as Africa is rich in resources.
I'm no economist so I wouldn't know what other econ systems would be better suited for the Continent.
African Socialism; or the Search for an Indigenous Model of Economic Development – African Economic History NetworkThe closest thing we got was African socialism
Yep.The closest thing we got was African socialism but even then Africa needs an economic model focused on the future. The days of thinking you are going to be rich just from farming or mining is over. Especially when doing this stuff more efficiently = less jobs for the exploding young population