Comments by "" (@shauncameron8390) on "The Economy of South Africa" video.

  1. South Africa is barely capitalist anymore as the ruling ANC is far-left and is doing everything it can to turn it into another Venezuela. The only reason why South Africa hasn't completely collapsed is because of the whites still around to establish businesses and pay taxes.
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  2. And a Soviet-backed one at that.
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  3. Pretty much.
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  4. And yet most of the black South African population live in shacks.
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  5. <the only thing that can reduce this ineqaulity is the restructuring of government economic and social policy towards redistribution through investment towards Black Economic Empowerment, Employment Equity , Radical Economic Transformation. > They already done that. <In otherwords without fear taking stolen wealth and morally corrupt industry away from white hands and capacitating and placing it in the hands of the local black people.> Only to become another Zimbabwe as the local black people are in no position to maintain the productivity levels the white hands established.
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  6. And an economy that isn't good enough to support it.
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  7. Like Uganda did under Amin?
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  8.  @rejvaik00  And both were ran into the ground by socialists and Marxists.
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  9. Which might be a good thing as if it was state-owned, the resources would have been used as a personal piggy banks for ANC elites.
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  10. Not really as the whites that stayed around are the only reason South Africa hasn't gone the way of Zimbabwe yet.
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  11.  @reinhardtscheepers6317  Ditto for Vietnam.
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  12. The latter and all it's just going to do is further line the pockets of the ruling party.
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  13. Hot weather has a way of making people lazy.
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  14. South Africa is barely capitalist anymore thanks to the whites keeping the economy afloat.
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  15.  @marcelohendrix6139  Responsible for most of the wealth produced in SA.
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  16.  @shamrock141  But South Africa is currently run by a socialist government, you know?
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  17. It's due to too much government interference.
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  18. For what?
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  19.  @yaelthesnail  Protectionism only benefits local governments and local industry elites. Not the average person.
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  20. Because they also produce most of the country's wealth.
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  21. What West? South Africa is being plundered by the ANC.
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  22. That's because they are Marxist.
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  23. Marxism is even more of a cancer. And SA's current ruling party is Marxist.
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  24. With Venezuela being #1 and South Africa being #3.
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  25. The ANC started out as communist group. It figures.
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  26. <People blaming the South African government for mismanagement are the same people who hold all the wealth.> Thanks to Nelson Mandela.
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  27.  @tshepomaenetja8068  It was Mandela's idea to allow whites to keep the land and wealth in hopes to avoid a civil war.
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  28.  @multilangcoder8723  What's even more insane is how whites make up 8% of the population yet account for 75-80% of all the wealth generated in South Africa.
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  29. But it succeeded in enriching bureaucrats.
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  30. @Joseph Melzer But South Africa is ran by reformed Marxists.
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  31. No it's not. Inequality is natural as not everyone can or will achieve the same even when given the same opportunity. If anything, equality is pure evil and unnatural. Why should one capable of or desiring better be held back just to spare the feelings of those incapable of or have no desire to improve?
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  32. Responsible for most of the prosperity South Africa enjoys.
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  33. Alleviating poverty or really just further exacerbating poverty as "free" money renders people dependent on government no longer having any agency in their lives.
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  34. Very much. And they were also backed by the Soviet Union.
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  35. When Zimbabwe meets Venezuela.
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  36.  @OnlyOneHunnids  Namely Black South Africans.
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  37.  @iv9449  But Whites only make up 8% of the population while Blacks make up 80% with many being die-hard ANC voters.
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  38. The ANC is socialist by origin and purpose.
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  39.  @jikjlmvjtcakktbmnjjrsnjsca1770  Mostly political dissidents and those of the wrong ethnic group.
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