The US and the West … China and Africa

Given today’s fluxing geopolitics and economics, the value of criticising Western policies must be balanced with better appreciating their benefits. For professors of cultural studies and many political parties in Africa, anti-colonialism fuels their political narratives. For people focused on solutions and progress, the colonial era’s relevance has been superseded by subsequent developments. For instance,…Continue reading The US and the West … China and Africa

Unemployment, exporting and politics

Our entrenched youth unemployment crisis is the biggest risk to SA Rampant inflation, rickety infrastructure and sovereign debt defaults are severe yet common and manageable risks. Our entrenched youth unemployment crisis is starkly more unusual and menacing. If it persists through 2029 it will probably provoke an entrenched form of “failed state” status through discarding…Continue reading Unemployment, exporting and politics

Will Putin cancel ‘cancel culture’?

Stopping the fighting might soon be in everyone’s interest but there are conflicting priorities. Those who delight in criticising necessary-but-imperfect trade-offs will baulk at advancing peace and prosperity. There are countless ways this war could end but an ‘unconditional surrender’ is extremely unlikely. Complex negotiations await and pursuing best-case outcomes will necessitate distasteful compromises. Cancelling…Continue reading Will Putin cancel ‘cancel culture’?

SA lessons for Putin’s enemies

Vladimir Putin is more a symptom than a cause. Russia and South Africa were both reconstituted in the twilight of the Cold War and, like most of today’s stagnating resource-endowed nations, both soon drifted toward indulging anti-Western, anti-development biases. South Africa’s and Russia’s economic trajectories are dreadful for similar reasons. Commodity exporting and patronage politics…Continue reading SA lessons for Putin’s enemies

Dutch Disease … South African Syndrome

Sudden geological wealth threatening investments in worker productivity is termed Dutch disease. Does our entrenched youth unemployment crisis stem from a sudden and unexpected spate of political advances? ‘Dutch Disease’ refers to how 1970s North Sea oil discoveries sharply increased the value of that country’s currency thus undermining the competitiveness of its manufacturing and other…Continue reading Dutch Disease … South African Syndrome

Battling entrenched patronage with youthful self-reliance

The public sector should be leading the charge to reduce youth unemployment through supporting value-added exporting rather than debating subsistence payments for young adults What advice should a retirement-aged development economist give to the graduating class of a typical SA high school? Should the focus be on pursuing a virtuous life or countering our leaders’…Continue reading Battling entrenched patronage with youthful self-reliance

Why young voters won’t help oust the ANC

Rampant youth unemployment doesn’t inspire an anti-ANC backlash because no one is promoting a workable remedy. Electing a more responsible government would immediately benefit commercial interests and productive workers, while initiating an extremely slow trickle-down effect. Fixing Eskom while sharply reducing corruption and cadre deployment would reverse the decline in the discretionary income of those…Continue reading Why young voters won’t help oust the ANC

When ideals derail progress and unity

Europeans must choose between warming their homes next winter or supporting ideals like national sovereignty and a sustainable environment. Here in SA, blind devotion to ideals persists despite their having been hijacked by reckless political opportunists. Vladimir Putin is betting, not irrationally, that as winter approaches, the coalition which supports Ukraine and sanctions Russia will…Continue reading When ideals derail progress and unity