White monopoly capital

2016-09-06 06:00

THERE is much talk about the privations of white monopoly capital, especially after the ANC failed to lift the majority of people out of poverty after 22 years of governing.

Let’s learn from up north. Zimbabwe President Robert Mugabe had the same hatred for white monopoly capital and destroyed most of it in his land. After destroying the economy, he turned around and asked Western countries to give him $1,5 billion to prevent mass starvation.

But where does that money come from? It comes from the taxes earned from the same white monopoly capitalists he hates and who put up factories, mines, farms and businesses in Western countries so they can generate employment, food to eat and tax income for their governments to function. Included in those Western governments’ budgets are budgets for aid amounting to billions of dollars for developing countries.
So he does not want to nurture white monopoly capital in his own country, but he rather wants to beg for tax dollars earned from the white monopoly capitalists of other countries. Shows the idiot he is, and all those communists and socialists in this country who subscribe to the same ideology.
Look no further than the Freedom Charter, which says that all the commanding heights of the economy should be nationalised and owned by the state.

That charter should be renamed the Starvation Charter.


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