- Capabilities Approach To Developmentby mphumzimercifulEconomics and philosophy are intertwined and cannot be separated. Hence, the biggest contributors to economic thought were philosophers. An economic system stems from philosophical questions pertaining to how scarce resources should be distributed. The economic problem is as follows: by definition economics is the study of scarcity and its implications for the use of resources,… Read more: Capabilities Approach To Development
- Is South Africa A Developmental State?by mphumzimercifulA developmental state is a concept in political science and economics that refers to a type of government that actively promotes economic and social development within its country. The concept of a developmental state originated in the post-World War II period, when countries such as Japan and South Korea experienced rapid economic growth under government-led… Read more: Is South Africa A Developmental State?
- An Examination of Evidence and Policy Lessons on Privatisationby mphumzimercifulTo privatise or not to? This is a critical conversation South Africans are having amongst themselves, as it is evident that SOEs (State Owned Enterprises) are being deliberately made to fail by the current regime. In fact, the process to sell SAA (South African Airways) has started a while ago and current talks about unbundling… Read more: An Examination of Evidence and Policy Lessons on Privatisation
- Wage stagnation in South Africa: The future is bleak.by mphumzimercifulWage stagnation is a term used to describe a situation where wages or salaries for a particular group of workers or for an entire economy remain relatively flat or do not grow at the same rate as other economic indicators, such as productivity, output or inflation. NB: The definition of wage stagnation assumes that other… Read more: Wage stagnation in South Africa: The future is bleak.
- South Africa is on the grey list! What are the economic implications?by mphumzimercifulFinancial grey listing is a term used to describe a situation where a country or financial institution is not considered fully compliant with international standards on anti-money laundering (AML) and countering the financing of terrorism (CFT). Grey listing typically happens when a country or institution is found to have deficiencies in their AML/CFT regime, or… Read more: South Africa is on the grey list! What are the economic implications?
- “For some it has become apparent that NEETS; those NOT in Education, Employment or Training, are becoming a lost generation in South Africa.”-by Mphumzi Makeleniby mphumzimercifulIntroduction A generation fading away into a fickle abyss. The notion of a lost generation is one that is used circumspectly. Typically; this notion is synonymous with negative growth, the escalated severity of socio-economic issues, adverse effects on the general standard of living and the misguided antics of a youth body that is lacking direction.… Read more: “For some it has become apparent that NEETS; those NOT in Education, Employment or Training, are becoming a lost generation in South Africa.”-by Mphumzi Makeleni
- DOOM!: What is yet to befall Africa? “the mass exodus”-by Mphumzi Makeleniby mphumzimercifulShould we expect a “domino effect” reaction after South Africa made plans to leave The Rome Statute of the International Criminal Court(ICC)? South Africa was subsequently followed by Burundi and The Gambia. Let us delve into this matter for a minute! As we all might have been aware by now that The African Union(AU) held… Read more: DOOM!: What is yet to befall Africa? “the mass exodus”-by Mphumzi Makeleni
- “WHO SHALL LEAD SOUTH AFRICA?: THE SUCCESSION DEBATE!”-by Mphumzi Makeleniby mphumzimercifulThe succession debate is a “talk of the town” in South Africa! South Africans at large are weary or rather cautious, of what will play out heading to the 2019 General Elections. Opinions are being formed, not only regarding the 2019 General Elections; but also of the politics unfolding within the African National Congress(ruling party). … Read more: “WHO SHALL LEAD SOUTH AFRICA?: THE SUCCESSION DEBATE!”-by Mphumzi Makeleni
- #FeesMustFall is a single of many cracks characterising the wall of our “Independence”-By Mphumzi Makeleniby mphumzimercifulWith the least of knowledge about building; we understand that the foundation is of significant importance in securing the rigidity and longevity of a building, such that it will be able to serve the purpose it was built for. There is more that goes into the process of building a foundation of a building –… Read more: #FeesMustFall is a single of many cracks characterising the wall of our “Independence”-By Mphumzi Makeleni
- “Heritage day?: Is there anything to celebrate?! A people with no inheritance are a people with no heritage. Heritage as perceived by my own eye.”-Mphumzi Makeleniby mphumzimercifulIt is my humanistic allegiance that we understand and know things for what they are my fellow brothers. I thus feel obligated to educate where I feel capacitated, and learn where I feel that I fall short. Let us talk heritage for a minute. IN IT’S STRICTEST DEFINITION: heritage is an inheritance: meaning it is… Read more: “Heritage day?: Is there anything to celebrate?! A people with no inheritance are a people with no heritage. Heritage as perceived by my own eye.”-Mphumzi Makeleni