Racial identity politics blocks globally proven solutions for poverty
Half the SA population survives on R40 per day but this is painted as a black-white injustice issue by political parties beholden to ideology
That the governing party can’t conceive a workable economic plan is unsurprising given how heavily it is weighed down by ideological and factional battles. But why do SA’s other centres of influence offer only stillborn alternatives? Might unravelling this conundrum reveal a sustainable high-growth path? A debt trap that is worsening a high-volume poverty trap should focus minds. How can it then be that with vast financial services sophistication, many world-class executives and exceptional think-tanks, SA lacks a workable growth plan? How deep must the chasm between politics and economics be to preclude not just success but even the ability to envisage a path to success? The divides are deep and complex, but manageable. Two mutually reinforcing blockages dominate the disconnects. First, none of the key actors employs the tools necessary to successfully frame, assess and manage the core economic challenges. Second, the 1990s unifying national transformation creed has been exploited ...
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