Carol Paton commends the DA’s draft policy on economic justice for its thorough approach to tackling the drivers of disadvantage, but she has two reservations: that the policy does not address the concentration of ownership and assets in white hands; and that it may not resonate with black voters who want to “be affirmed to compensate for the racial past” (“DA’s trickle-up brand of BEE will lose race to equality (https://www.businesslive.co.za/bd/economy/2020-03-06-news-analysis-das-trickle-up-brand-of-bee-will-lose-race-to-equality/)”, March 6).
In fact, in line with the DA’s sustainable development goal (SDG) model for economic justice, the document devotes a section to wealth inequality. We list various proposals geared towards increasing asset ownership. These include interventions that would make millions of black South Africans property owners or holders of recorded land rights. We would also promote the take-up of employee share ownership by ensuring legislation support...
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