Author: Temba A Nolutshungu

Archive

The spectre of a national minimum wage

The jury has delivered its verdict. Organised labour, the Deputy President, the Minister of Labour and a host of other narrow vested interests have all been found guilty, on the basis of empirical evidence, of conspiring to exacerbate South Africa’s

Read More »
Archive

Alternatives to Expropriation

Did you know government could radically speed up land reform without expropriation? Did you know that five to seven million black South African families live on council-owned urban property which could be transferred into their names giving them se

Read More »
Archive

The lamentable paradox of affirmative action policies

To date, the biggest political fraud perpetrated post-apartheid is the enactment of affirmative action policies, euphemistically referred to as black economic empowerment. A fraud because the proponents of the policy must have been aware of the empirical evidence that affirmative action policies, wherever they have been pursued throughout the world,

Read More »
Archive

Stabilise rand by dropping forex controls

FACED with a falling rand, mounting inflationary pressure, chronic unemployment and lacklustre growth, SA is at a tipping point. When the Reserve Bank’s monetary policy committee met recently, it raised interest rates to save face but this move is li

Read More »
Archive

XENOPHOBIA!

See the opportunity in diversity!

Most countries that experience significant immigration patterns prosper socio-economically. People flee from oppressive countries to economically or politically free countries (as in democratic states). Before the Berlin Wall came down, people from behind the Iron Curtain (socialist Warsaw pact countries) fled to the West; people fled

Read More »
Archive

The fetish of income equality

Professor Thomas Piketty’s book, Capital in the Twenty-First Century, in a way, has extended the lease of life of the empirically discredited ideology of socialism/communism and its various permutations, such as a developmental state, state capitalism, state welfarism and dirigiste state.

The definitive central thesis of the book – bringing about

Read More »