Staked+Out,+Tweedie,+Letter+B+Day

Letters, Business Day, Johannesburg, 11 August 2005
=Staked out=

In the Communist Manifesto of 1848, Karl Marx wrote of “a vast association of the whole nation … in which the free development of each is the condition for the free development of all”.

What Kuseni Dlamini is proposing (“A capitalism SA can call its own”, August 10) in support of Deputy Finance Minister Jabu Moleketi and the “third way” is the opposite of Marx’s vision.

Instead of a free people in association, there would be some free enterprises and many helpless spectators who are not actors and not owners at all.

This thing called “stakeholder capitalism” is but another attempt to fob people off with imaginary “ownership” and phoney “participation” so that capitalism can sail on unhindered for a few more years.

The best thing that capitalists can do is employ people. Anything else is a diversion. Let us hear more about employment and less about stakeholders, please!

Lombardy East
 * Dominic Tweedie**


 * From: http://www.businessday.co.za/articles/opinion.aspx?ID=BD4A78619**