WAKE UP, YOU WERE SOLD A FAIRY TALE
NEW research data is in on nationalisation – a Pandora ’ s box hot topic led from the front by the formerly unafraid “manly ” and now terribly weak ANC Youth League.
The study, commissioned by the ANC, found that the nationalisation of mines is a topic best dropped from the public discourse.
It embarrasses not only the party but also contemporary capitalists, whose point-by-point rebuttals of the nationalisation creed has become rigid and non-negotiable.
It’s said resources that lie beneath the soil represent only potential, not actual, wealth – so the counterpoint goes.
But here’s the thing, soul child: the ruling party says nationalisation would cause “unmitigated eco- nomic disaster” for the country, almost singing the tune of mining companies.
They will consider a “resource rent tax” to replace the gung-ho proposal of the ANCYL to nationalise without compensation.
The study says “nationalisation without compensation would require a constitutional change and would result in a near collapse of foreign investment and access to finance, as well as widespread litigation by foreign investors.”
It is clear from this study that the ruling party is preparing the cinder block and a larger hole in the ice in which to dispose of the ANCYL’S ambitious political dream once and for all.
As we all know, knowledge and related discourse on nationalisation was of the coffee-table-book variety in the ANCYL two years ago. This is until the young lions went to Zimbabwe and Venezuela, where the league ’ s economic-injusticegrievance-machine was oiled and set loose on the populace.
But economic freedom through nationalisation was, in the first place, a jive slang call to arms.
We didn’t have to read much into it to know that the call was fronted by posers who liked feeding the fantasies of the poor.
In the language of online commentators, the young commies were merely trolling.
Juju and the gang were feeding the trolls with a mixed bag of rhetoric, vacuous entertainment and unskilled actions.
The infamous march to Pretoria last year was one such unskilled action – a hazing ritual the most credulous among the youth had to endure before they could wake up to the farce of it all.
The economic freedom march lacked the attention span to keep running because its proponents were deliberately dishonest.
One day they’re in the company of the so-called solid blue collar people and the next they are seen in the rearview mirror gobbling hors d ouvres with those who steal from government’s coffers.
This made us wonder what kind of a beast these economic freedom fighters were.
The thing is, economic freedom was officially given away in 1994. The poor were inevitably screwed.
They signed their consciences over to a political party whose illustrious history of compromises is well documented.
From the national flag and the national anthem to land and the TRC – basically all the anchors that disconnect a disfranchised people were accepted unblinkingly at the brokering of power.
The Freedom Charter is not a document to haul out when talking about the African agenda. It’s a document of liberal clichés.
It’s ideas on nationalisation will never increase local beneficiation, for example, in mining and industrialisation of mineral resources or reduce unemployment.
The document was signed over 50 years ago, but Kliptown, Soweto remains shabby and dirt poor.
All the people got was a gratuitous promise of a better life for all. And that’s all you’re gonna get, from the
“liberators” and their detractors alike – lots of sound and fury, signifying nothing.
So put that in your pipe, smoke it and try to forget your troubles, ’ cos nothing’s going to change.