Many are expecting too much of the IMF, while others fret about losing economic sovereignty. Meanwhile, the life prospects of millions of South Africans are being unnecessarily downgraded to chronic destitution. Talk of national unity is farcical if the pandemic and looming credit crisis can’t inspire a reality-grounded national dialogue. 

None of our leaders can offer workable solutions as our public debates are squeamish about distinguishing between the legacies of historical injustices and the effects of today’s policy biases. Such blurring undermines accountability while allowing debilitating misperceptions to flourish. There is thus little understanding of why our policies have been setting debt and poverty traps for many years. ..

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