FMF NEWSLETTER 9 AUGUST 2017
Dear friend of the FMF
This week’s feature article, by Chris Hattingh, looks at renewed calls for inequality in South Africa to be resolved. When a charge of theft or fraud is made, as is implied by the inequality critics, they have the burden of proof to substantiate their case. Before we become outraged at every instance of inequality, we need to assess its source. As the economy grows, and there are more opportunities for employment, inequality will increase – let us address the concept before we repeat the same fallacies again and again.
The inequality bells are ringing again – CHRIS HATTINGH
In an article for the Daily Maverick (26 July 2017) Professor Ben Turok calls for more information regarding the wealthy in South Africa. We are all quite aware of the repeated calls of experts, analysts, and academics for inequality to be addressed, that it is the most pressing issue of our time. I agree. It does need to be resolved. It needs to be resolved because experts and respected figures such as Thomas Piketty, Christine Lagarde and Professor Turok repeatedly hammer the message that inequality is caused by one group forcibly taking from others. With this narrative being drilled into us, it should come as no surprise when social tensions rise and violence occurs.
Wednesday, August 23 FMF AGM – All members and donors have voting rights and are invited to attend the AGM @ 17h00 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=157
Wednesday, August 23 EVENING TALK – Temba Nolutshungu (FMF Director) – Time for South Africans to live and let live @ 18H00 @ FMF – RSVP www.freemarketfoundation.com/View-Event?i=156 (Please note this function takes place after the FMF AGM)
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Publish date: 08 August 2017
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.