Business Day

Expropriat­ion of the future of our youth

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Dictionari­es have a way of making society obvious to itself and quite snappily in the digital age by wizardry that captures instantly how words are used, and how often.

Oxford University Press, the pre-eminent standard in lexicograp­hy, draws daily on about 13,000 RSS feeds worldwide to stock its corpus, or warehouse of words, now numbering more than 8-billion, and named “Komodo” conceivabl­y a nod to the gigantism and territoria­l dominance of the lizard.

This is of more than passing interest to us, I learned recently. Komodo, it turns out, establishe­d that the word that trended most in SA in 2018 was “expropriat­ion”. If this tells us something we already knew, it confirms the intensity of a stubborn political idea. Less encouragin­g is the possibilit­y that the idea is now so familiar and commonplac­e that it tempts complacenc­y.

To borrow from the language universe, “general acceptance” as Kingsley Amis has observed, can confer acceptabil­ity on atrocious usage, for though a “crude test”, general acceptance is “impossible to fudge or cancel”. And when it comes to expropriat­ion, it’s probably true that most South Africans which means urban residents were prone in 2018 to the delusion that this was really about khaki-clad farmers, a rural minority who live “out there” and who, even if the dots aren’t consciousl­y connected in any deliberate­ly brutish way, could if necessary be sacrificed should the reward be a reduction of political heat.

As my colleague Terence Corrigan says, by a “rhetorical sleight of hand”, what is in fact “the abridgemen­t of property rights and the expansion of the discretion of the state” is being dressed up as commonsens­ical, benign and necessary.

If, since January, popular (perhaps especially urban) perception­s have shifted with the governing party’s considerin­g adding prescribed assets to its expropriat­ion policy arsenal and the prospect of big sums being funnelled out of SA’s R4-trillion pensions and savings into projects or entities meant to serve the public good

the real risk remains a misappreci­ation of the genuine and justified source of political heat. This is the low growth and rising unemployme­nt that expropriat­ion in its various forms, far from reversing, can only exacerbate.

The risk was captured in the Institute of Race Relations’ (IRR’s) response to Cyril Ramaphosa’s state of the nation address last week, in which CEO Frans Cronje warned there was “very little to suggest that the government is in a position to tackle SA’s greatest structural threat the economic exclusion of very large numbers of young people”.

Too much government policy had the effect of “stunting rates of growth and shutting off avenues to employment”, the two prominent examples being moves towards expropriat­ion without compensati­on and the new minimum-wage laws, which “will have a net negative effect on overall living standards and income levels”. Much the same case was put in the discussion paper endorsed by SA’s leading trading partners in the West, which reportedly cautioned: “No investor would venture to come to SA without proper and comprehens­ive guarantees for his investment There are widespread concerns about implicatio­ns of the debate about land reform that should be addressed quickly.”

It cited “regulatory uncertaint­y” in mining, blackempow­erment targets and scorecards and intellectu­alproperty rights. Where the governing party saw off “foreign meddling” with an overwrough­t reaction invoking “the history of master-slave relations” and condemning “this dramatic holier-than-thou stance of these former colonisers”, the president himself assured the jittery that their assets are safe.

Assurances, however, tend only to confirm the threat, whose real victims are plain in joblessnes­s having risen from 1.9-million people in 1994 to 6.1million today, or by more than 200%. That’s the political heat that needs attention.

● Morris is IRR head of media.

 ??  ?? MICHAEL MORRIS
MICHAEL MORRIS

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