PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
No.You're a handbag
 
Comments: 20
Article views: 783
 
 
Latest Badges:



 
View all No.You're a handbag's badges.
 

This article has been selected as an Editor’s Choice report. Articles are selected based on quality of writing, audience response, newsworthiness and originality, and is at the discretion of the MyNews24 editors.

Economic freedom - an oxymoron?

02 August 2012, 08:43

I'm pretty sure I haven't seen an article about South Africa in a long time where some sterling example of the post 1994 education system waffles on about economic freedom. You know they type.

The other day, that prompted me to (rather wittily I thought) work the words 'oxy' and 'moron' into my comment. A play on words I was mighty proud of.

However, I've since realised that that's exactly the case.

Participating in the economy means buying into capitalism. It means rent or bond payments, paying for water and electricity, store cards and credit.

You may start out free when you begin participating in the economy, but you soon become the slave of the banks, the finance companies, your landlord and the grocery store owner.

Many South Africans live paycheck to paycheck - even the middle class ones - and what does that really mean? Yes, you have the lifestyle that money buys, but you're neither richer nor poorer when one month grinds into the next.

Of course, the whole problem with South Africa is that the very people who comment about economic freedom don't understand any of this. Won't they be shocked when they suddenly find that money doesn't use their wallet as a permanent resting place, but rather as a fleeting stopover.

LOL!

That's why I say economic freedom is an oxy moron - except for a few people who are clever, frugal or lucky - economic participation does not equal freedom. Which makes it bittersweet. :-)

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
20 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Sinawo Bukani
15 Quotes That Make This Book A '...

I have shied away from writing a full review for Sheryl Sandberg’s book because I fear I will just dilute these fundamental truths and weaken them for you. So instead I opted to share 15 of my favourite and most inspiring quotes in the book. Read more...

0 comments 690 views
Submitted by
Gayle Goddard
Salute

Praise the women who make sure that they put food on the table for their families no matter how bad the situation is. Read more...

0 comments 195 views
Submitted by
Thandisizwe Mgudlwa
African Education Sector A Pillar...

It is highly important for the African continent to follow up on new initiatives aimed at bettering the lives of the people. Read more...

0 comments 134 views
Submitted by
Nico Barkhuizen
Sugar Tax

What about the rest of us who take care of our bodies through healthy diets and exercise? Why must we be tainted by the same brush as obese people? Read more...

0 comments 976 views
Submitted by
Larry
ANC Askari and Impi

The elephant in the room, which the ANC is unable to make mention of, is rather in the form of an 'impi'.  Read more...

0 comments 463 views
Submitted by
Reginald Kgwedi
Who designs our public transport ...

When you love the environment, it is likely that you are a fan of public transport, walking, cycling etc. But in most instances you are challenged with the difficulties of using these modes of transport.  Read more...

0 comments 533 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2016 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.