FMF NEWSLETTER 26 JULY 2017
Dear friend of the FMF
This week’s feature article, written by Chris Hattingh, compares capitalism with every other system we have tried in South Africa. There is nothing radical about the policies of today’s government; they are still premised on the view that the state ought to be at the centre of all economic activities. Capitalism is radical because it places the focus on individual freedom. If we want to see radical transformation that will positively transform everyone’s lives, we must adopt radical policies; only capitalism provides such a radical approach.
WORTH READING: Get South Africa Growing by Brian Kantor
"In my book Get SA Growing, I try to build trust in, and respect for, market forces by examining and explaining what goes on in our economy and how and why it could be better organised for the benefit of nearly all of us – especially for the many desperate poor. We should have more respect for the rights of individuals to make their own decisions and bear the consequences of them." READ more here.
Radical Economic Transformation (RET)
RET can only be achieved if we break from the economic mentality which has governed this country since colonial times – paternal statism – and adopt the only alternative which has been shown to deliver a better standard of living for all anywhere in the world – the free market system. Ahead of the ANC’s national policy conference earlier this month, FMF proposed the policy alternatives detailed in this media release.
Capitalism: The only radical choice – CHRIS HATTINGH
What does the sugar tax; an increased minimum drinking age; National Health Insurance; a wealth tax; the spectre of White Monopoly Capital; state capture; tenders; and repeated attempts to stoke racial tension by politicians have in common? They are all elements of collectivist philosophy. And, they are the tools of those in power who believe they know what is best for everyone else and are prepared to use whatever power they have to legislate measures that enforce that belief.
Wednesday, August 23 AGM & EVENING TALK – more info to follow
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The case for free-market anticapitalism
LETTER: Hands off money supply
LETTER: Medicine plot Kafkaesque
Business Day column Gigaba’s overcooked action plan will take SA further off course – Leon Louw, 19 July 2017
Media digests MAY 2017 and JUNE 2017 for all media coverage
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Publish date: 26 July 2017
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.