Capitalism creates societies which are held hostage by the whims and wishes of corporate investors, while trapping the state into a structural dependence on capital.
The state under capitalism
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National Treasury
The state of the nation’s economy
Economic liberation is essential to begin addressing South Africa’s social crisis.
Reject inflation targeting: create jobs
South Africa’s current inflation targeting regime, rooted in a liberalised financial framework, has failed to address the country’s core development challenges.
VAT or budget cuts? The false dilemma and the need for progressive revenue measures
The National Treasury has long held the false view that there is no alternative to austerity.
The prospects for localisation
Beneficiation and localisation are often approached uncritically, especially in political discourse, where they have become fashionable terms.
Justifying exclusivity in the name of inclusivity (Part 2) – our modern Greek tragedy
Being part of a political economy notorious for its world-beating inequality and in a country where Africans are 80% of the population, guarantees that most Africans will be poor. This is Part 2 in a two-part series.
The exclusivity of inclusive growth (Part 1) — to those that hath shall always be given
The neoliberal ideologues and their economic hatchet people still persist with the fiction of markets being level playing fields. Worse still, is that most of us believe them. This is Part 1 in a two-part series.
Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year
The substantial fiscal and social implications of tax bracket over-adjustment demand a comprehensive and transparent public discourse.
Can pausing GEPF contributions stop the VAT hike while keeping workers’ pensions safe?
GEPF surpluses can comfortably cover payment contribution holiday.