The Economy On Your Doorstep: The political economy that explains why the South African economy ‘misfires’ and what we can do about it by Ayabonga Cawe
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Overview: We must look beyond the now, the current economy on our doorstep, and … reach out to a humanity that lies dormant in all of us.
While the depth and sophistication of South Africa’s financial and capital markets are lauded by indices the world over, South Africa is also considered to be the most unequal society in the world. The Economy On Your Doorstep probes the reasons for this tragic paradox of South African life and tries to go through and beyond the graphs, margin calls, trading updates, indices and earnings reports to explain how economic ‘actions’ frame the lives of South Africans in a transitional society faced with the challenges of unemployment, poverty and inequality.
The economy is and always has been primarily about people. How they live, what they produce, under what conditions and what social, political and environmental factors influence decisions of consumption, investment and distribution, and how they act under conditions of uncertainty, scarcity, need and crisis. After all, economies are about people coming together to produce, exchange, distribute and consume goods and services that emerge from their communities and those of others. How and under what conditions can we ensure the expansion of our productive forces, while expanding access to the base of assets, services and support that allow for the social reproduction of our entire society and workforce?
Genre: Non-Fiction > General
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