8. Ben Turok - First annual Peter Knottenbelt Lecture
29 October 2012
University of Johannesburg - Doornfontein Campus.
Spoke about "bottom-up" economics.
He said we all believe in the market; but that we have imperfect markets dominated by monopolies.Though he does not believe in Nationalisation - we need to decide "Where, how, how much we need to intervene.
We should not talk about beneficiation but of value addition.
We should have a development policy.
Africa should develop a "strategic sense"
Marikana is a symptom of the fact that we have gone wrong.
During question time.He spoke to a farmer about how he decides on what he produces. The farmer indicated that he produces "what Pick and Pay tells him to produce" When I said that "the consumer, you and I tell Pick and Pay what we want, he disagreed and then went on to tell the story that in Europe all the vegetables are uniform - as another example of how decisions are made for us. There I retorted by saying that they were just following EU rules...
Charl Heydenrych
Feel free to add your comment. For a free directory entry go to:For your free directory entry.Do you know this person? Add to this page. Do you know anything more? Add to the page.
No comments:
Post a Comment
The designers of this site hereby absolve themselves of any liability of the content placed on this site by users. We will attempt to moderate but any oversights will be the responsibility of the various authors.