Power not only corrupts, it deranges. ANC bigwigs, Lockdowns, Loadshedding.

LATEST ON BIZNEWS RADIO: O'Sullivan lightning hits crooked SAPS Top Dog: SA's former head of police Khomotso Phahlane arrested (For Spotify, click here).In April 1887, Catholic historian Lord Acton wrote a letter to Bishop Mandell Creighton which included the memorable line: "Power tends to corrupt and absolute power corrupts absolutely." The term is used so often nowadays, you may well have applied it yourself..___STEADY_PAYWALL___.But according to Harvard Business School prof, historian Richard Tedlow, Acton's quote only tells half the story. This student of American business tycoons says he believes "Power does more than corrupt. It does something more subtle and insidious. The word I choose to describe the impact of power is that it 'deranges'." Strikes a chord, doesn't it?.Such derangement, Prof Tedlow adds, is not the fault of yes-men that surround the powerful. Instead: "It is caused by the courtier who is clever or frightened enough not to be detected. These are the people who arrange a world of continual approbation for the person of power.."They see to it that he or she never loses time in a traffic jam and never has cream with coffee if milk is preferred. The courtier makes perfect for the powerful those little things that bedevil normal folk. In the process they abstract the powerful from the real world." Think ANC ministers, Lockdowns and Loadshedding. Join the dots. Roll on 2024..More for you to read today: .Ramaphosa meets Biden. Phumlani M. Majozi writes on what's behind the US' renewed interest in South Africa. Amazon's $1.7 Billion Proposed Purchase of Roomba Maker Under FTC Investigation. Federal antitrust agency sought records about deal from Amazon and iRobot this week.Where You Can Find Stock-Market Bargains. Europe is at war. China is floundering. Japan is aging. Emerging markets are suffering. Could there be a better time for a contrarian bet on international stocks?The Ragtag Army That Won the Battle of Kyiv and Saved Ukraine. Citizen volunteers teamed up with soldiers to turn the tide in the most consequential European battle since World War II. .Herman Mashaba shares how ActionSA intends to see off the threatened ANC/EFF coalition in 2024Two-year-old ActionSA continues to gather momentum, helped by a laser-like focus on a mission to eject the ANC from ruling South Africa in 2024 – and for it to have no role whatsoever in deciding the country's future path. During this in-depth interview with Alec Hogg of BizNews, ActionSA's leader, former businessman Herman Mashaba, shares his party's belief that the country's salvation lies in convincing dystopian citizens to regain hope and to participate in the democratic process. To this end it has 180 full-time volunteers pounding the pavements and signing up previously unregistered voters. In this must-listen interview with the man who is among the contenders to become SA's president after the 2024 national election, Mashaba addresses the Eskom disaster, Knysna, DA "propaganda", being shocked by Carte Blanche's expose' of Agricultural Schools, and more. .NB FOR YOUR WALL STREET JOURNAL ACCESS….As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal's credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website via Biznews Premium at least once a month. A final PS, if you had previously signed up for WSJ you'll need to clear the cookies from your device. Our helpdesk can assist –support@biznews.com.

Power not only corrupts, it deranges. ANC bigwigs, Lockdowns, Loadshedding.

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