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Nationalisation is SA's solution

By unknown | Sep 09, 2009 | COMMENTS [ 0 ]

I WISH to express my view about Moeletsi Mbeki's inspirational book, Architects of Poverty, which criticises the Nationalist Party for only benefitting Afrikaners through nationalising state assets.

Africans were denied development in education, land, industrialisation and so on.

Indeed, the Afrikaner regime managed to manipulate the economy to benefit only white people in South Africa.

Eskom, post offices, railways, roads and harbours were controlled by the Nationalist Party . The 1987 negotiations, which took place outside the country, and also the pressure from the liberation movements, resulted in sanctions against apartheid .

These conditions forced the government to borrow money from the World Bank that has burdened the country with a huge debt, which the new government had to struggle to pay.

Mbeki then blames the ANC government for not nationalising state assets .

I believe this criticism is aimed at his brother, the former president, who introduced Gear in 1996, which completely ignored the majority and undermined the 1969 Morogoro conference that resolved to nationalise state assets.

Mbeki is skeptical whether nationalism would work here. I think his fears can only be answered by the IMF and World Bank that control the economy of the world.

According to Marxism, the working class must control the means of production. Cancel apartheid debt and discard the dependence syndrome. Nationalism can work miracles.

Thabang Maseko, Mdantsane


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