DUMA GQUBULE: Selling power stations is not going to fix Eskom
There will always be big money to stop zombie ideas from dying
02 May 2023 - 05:00
US public intellectual Noam Chomsky once said: “That’s the standard technique of privatisation: defund, make sure things don’t work, people get angry, you hand it over to private capital.”
According to 2008 Nobel economics laureate Paul Krugman, a zombie idea is one that should have been killed by evidence but refuses to die. The whole point about zombies is that you can never fully kill them, he said. There is always going to be big money to support them. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.