The vital need for economic democracy in South Africa

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“Economists have only ruined the world – the point is to improve it”. (With a nod to Karl Marx) Today is the United Nations International Day of Democracy. At a time when democracy is under attack in so many parts of the world, the day could not be more important. But rather than activists satisfying ourselves with glib platitudes, we should ask deeper questions about what’s going wrong. One obvious area we should look at is the disconnect between democracy and economy.


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