THE FREE MARKET FOUNDATION RECOMMENDS THAT THE POWER STATIONS BE WHOLLY PRIVATISED OR SUBJECT TO STATEPROOF LEASES.
South Africa’s electricity crisis is an existential threat to the country’s
socio-economy, but at the same time is not a complex or an unsolvable
problem. In fact, it is a simple problem with a simple solution, in the
way of which stand only artificial, essentially political, impediments.
If there is a good for which high demand exists – such as electricity –
there is an inherent and powerful incentive for the market to supply
that demand. In the absence of state interference in South Africa’s 2
electricity market, suppliers would emerge as a matter of course. The
electricity market is not a free one.
there is an inherent and powerful incentive for the market to supply
that demand. In the absence of state interference in South Africa’s 2
electricity market, suppliers would emerge as a matter of course. The
electricity market is not a free one.
