The supremacy of capital over political power is the culprit in our delayed economic equality, which gives credence to calls for nationalisation The achievement of equality in SA remains elusive. Whereas the miracle negotiated settlement that realised peace in lieu of justice was meant to result in equality, the unintended consequences have been growing inequality and instability. Political power may have shifted to the previously disenfranchised but it is failing to reverse apartheid's injustices and to distribute the gains of democracy widely. Our reality indicates that the previously oppressed got a raw deal in opting for unconditional peace. Inequality is extended further because a large portion of the populace is underdeveloped in terms of education and skills to compete in a knowledge economy. Increasing inequality gives credence to calls for nationalisation. The masses may not support the bailing out of a few connected, indebted capitalists but they will support t...
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