The need for structural socioeconomic change has become a platitude — something everyone can agree on, but only if we don’t explain what we really mean. This sort of pseudo-consensus comes with risks, because it can block efforts to achieve real compromises as the basis for consistent action.

In practice, for most of the past 25 years policy has deadlocked largely because of profound disagreement about what structural changes to prioritise. Debates emerge about what economic ills to address as well as their causes. Three main perspectives have emerged...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.