Graph to Explain Brexit & the Appeal of Trump

On my list of future blogs was this topic except that I never had a convenient succinct coathanger on which to hang it. That is, until this morning when I serendipitously discovered a blog on a little known backroom economist called Branko Milanović. 

First, there was Thomas Piketty, the rock star economist. Now, in the mould of the dismal scientist, comes Milanović, rescuing economics from irrelevance.  

Main picture:  Branko Milanović

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SABC Chairman: Is he a Charlatan or an Alternative Reality?

Being retired, I had time on my hands to watch the Parliamentary enquiry into the SABC. Frankly, it was more riveting than many of the dramas on SABC, except that this reality TV show revealed current South Africa writ large. 

Apart from Minister Faith Muthambi’s deft blame shifting, the most interesting for me was a floundering Chairman of SABC, Professor Mbulaheni Maguvhe clearly out of his depth.  An articulate Grade 10 pupil – sorry learner – would have trounced his Varsity Professor with ease. 

Main picture: Professor Mbulaheni Maguvhe 

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Is the World of Abundance, No Work & Universal Basic Grants Dawning?

All revolutions whether economic, political or social, cause fundamental dislocations to society & in the case of political revolutions, such as the Russian Revolution, or the French Revolution for that matter, major loss of life.

 With the impending birth of the Fourth Industrial Revolution, the fate of the livelihoods of the bulk of the world’s population is in jeopardy. 

What does this imply for humankind? No work and hence no income in a sea of abundance or will this be ameliorated by the awarding of a Universal Basic Grant to all inhabitants on the earth? 

Let us open the Pandora’s Box. 

Main picture: A tiger shaking itself vigorously

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The Pitfalls of Land Reform in South Africa

The resolution of the land question in South Africa is often touted as the solution to black frustration at the inequities of land ownership. For understandable reasons, I am in agreement that the issue has not been adequately addressed but it would certainly be wrong to suggest that this is a nirvana. Instead it could well be the road to perdition. 

In spite of a shining example on our northern border where agricultural production is now 10% of what it was 16 years ago, the ideologues and race baiters such as the EFF are impervious to the economic consequences of wholesale indiscriminate redistribution of land in South Africa. 

This blog reveals one instance where such a transfer led to disastrous consequences. 

Detachment is not option.

Main picture: Lukas Meyer, an employee who has not been paid for five months

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Fidel Castro: A Flawed Hero

The world has witnessed outpourings not only of grief at Fidel Castro’s passing but also admiration for his achievements. In South Africa, this has been especially pronounced amongst supporters of the ANC, EFF & Cosatu. The fact that Castro supported the ANC to obtain freedom for the Blacks in South Africa will never absolve Castro for repression, oppression, persecution and enslavement for his own people. 

The bald facts are that Castro was a dictator: pure and simple. 

Main picture:  Fidel Castro at MATS Terminal in Washington in 1959  Continue reading

South Africa: Can we dare to dream again?

Like a sketch artist’s first lines on a blank piece of paper, at first the object is unclear and undefined. Yet as each additional line is applied to the sketch, the subject gains focus & the confused canvas gains clarity. So it is with the unfolding Zuma / Gupta / State Capture / dirty tricks /trumped up charges saga. Thuli Madonsela in her noble endeavour applied multiple illuminating strokes with the release of her much anticipated State Capture report.

 Yet, once again, there is insufficient granularity of detail in the sketch for a formal criminal charge to be laid. Instead, South Africa will have to wait again with bated breath for the final strokes to be applied: This time in the form of a commission of enquiry.

 Thoughts and comments on the imperfect sketch so far and prognostications about possible future events

Main picture: President Jacob Zuma, Atul Gupta and the Eastern Cape Premier Noxolo Kieviet at a New Age breakfast in Port Elizabeth

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Will this week be South Africa’s Berlin Wall Moment?

In hindsight, will the first week of November 2016 represent such a critical moment in South Africa’s fractious history? From a noble ideal to remove the shackles of apartheid from the majority of South African citizens, the ANC has descended into a cesspit of venality, corruption and the abuse of the organs of state for nefarious purposes. 

Yet this week has already witnessed the unravelling of implicit and unwavering support for the ANC by even its most ardent stalwarts.

 As such, could this month, which commenced so auspiciously for democracy in South Africa, be the advent of a new dawn? 

 Main picture: South Africa is burning, a metaphor for corruption, malefeasance and the capture of the organ of state

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