Creator
Professor Vusi Gumede is the dean of the faculty of economics, development and business sciences at the University of Mpumalanga.
Leaders have power, influence and authority, which should be used carefully
The fact that development outcomes are deteriorating even though capacity has improved illustrates that how a state is organised matters
South Africa needs a profound restructuring of state-capital relations, coupled with a comprehensive social policy, to address unemployment, poverty and inequality
Having faith that market forces alone will create full employment under an enabling environment is a pipe dream. A wage subsidy programme is a good place to start tackling…
The agreement could go beyond economics towards the political unification of Africa
The country needs an economic policy that takes account of the skill sets we currently have
The country is missing a viable social policy
As with economics, the state is rudderless, which requires a return to the ideals of the Constitution and a developmental state
As change seems finally within reach, we must assess the political work that needs to be done
But a social compact on the economy is needed for radical economic transformation to gain traction
Report on the divide between rich and poor makes weak suggestions about how to fix it.
The continent needs to future-proof itself by crafting a new, inclusive socioeconomic system.
In his latest book on economic and social inclusion, Vusi Gumede addresses the question of how to get the country back on track.
This starts with the economy. And a look back at 20 years of our founding document reveals how far we have come and how far we still have to go.
Even with the hegemony of global capital, a keen understanding of the political economy can lead to South Africa’s development, writes Vusi Gumede.
Africa relies on policies that have failed – even in the countries it borrowed them from.
Policy paralysis and compromises mean inclusive development continues to elude the country.
In the government’s description of radical economic transformation, actually, there is very little economic transformation, let alone a ‘radical’ one.
The continent needs a new economic model that will benefit all its inhabitants – not just a few, writes Vusi Gumede.
The recently released census results confirm that South Africa’s social and economic transformation has been slow.
