Heavy social spending in SA is here to stay – Ian Jayes

  From Ian Jayes: Hi Alec I read your comments on state interventions in the economy with great interest. Your point about the United States becoming an economic powerhouse is valid in that economic freedom is the only way that wealth can grow and be spread. The problem is that capitalism is not altruistic, does … Read more

Alexx-Zarr - BizNews.com

Collectivism is as dead as the dodo

Sometimes, the debate between those who favour a free market system, and those who favour state-led development gets oversimplified. The debate is caricatured as a binary choice: Wild West, unregulated free markets on one side, and intrusive, Soviet-style government control on the other. But as this contribution from Alex Zarr argues, this is a false … Read more

Cheep protein for the poor? The communists just don’t get it, do they?

I’m still rather confused about the impact of the new poultry tariffs. One of the guests we interviewed on CNBC Africa’s Power Lunch told us that the recently imposed duties will  double chicken prices at fast food stores. If that’s true, why no consumer outcry? Yfm’s CEO Kanthan Pillay has taken a different approach. He … Read more