Malema is right on nationalisation of mines

07 July 2009 - 02:00
By unknown

JULIUS Malema is spot on in calling for the nationalisation of the mines.

JULIUS Malema is spot on in calling for the nationalisation of the mines.

Malema is just articulating ANC policy as enshrined in the Freedom Charter. The ruling party only halted the implementation of the policy of nationalisation on taking over the government.

That was done as a tactical detour because of the unfavourable material conditions that existed at the time, which were characterised by the collapse of the Soviet Bloc, capitalist triumphalism and unipolar world.

Malema is right to ask that, given the changing international political economy and balance of forces, we should revisit the policies enshrined in the Freedom Charter?

Why is it right when the US nationalises their financial systems but wrong for South Africa to do the same with its mineral wealth?

Walter Mothapo, Polokwane