Economy

The Piketty puzzle: reproducing inequality in everyday life

While the government earnestly pledges its commitment to reversing inequality, it reproduces inequality in the normal behaviour it expects for itself and the broader elite of South Africa’s political-economy. Two recent and very public events illustrate these opposing positions.

Jeff Rudin

Opinion | 13 October 2015

Piketty’s radical vision for education

During Thomas Piketty’s Nelson Mandela lecture a friend tweeted that, despite the standing ovation, many would choose what to remember. They would parrot his call for investment in education because that was unthreatening. Forget land redistribution, a wealth tax and the national minimum wage, just get the kids in school!

Doron Isaacs

Opinion | 6 October 2015

Rhodes Must Fall replaces Piketty at UCT

Thomas Piketty, French economist and author of the bestselling Capital in the 21st Century, was due to arrive and deliver a lecture on inequality at UCT on Wednesday afternoon. He was prevented from flying (apparently for not having enough blank pages in his passport) and it was arranged that he would deliver the lecture virtually, via a live stream.

Ben Stanwix

Opinion | 30 September 2015

Pensioners march for R5,000 per month

Hundreds of pensioners marched from the Company’s Garden to Parliament on Tuesday to demand a “decent living wage” of R5,000 from the current R1,410 state pension.

Mary-Anne Gontsana

News | 30 September 2015

Art in a Khayelitsha fruit & veg shack

Mpho Mathebula rents a small space in a fruit and vegetable shop in Khayelitsha to sell his paintings and beadwork.

Pharie Sefali

News | 25 September 2015

Csaawu avoids closure

The Commercial, Stevedoring, Agricultural and Allied Workers union (Csaawu) announced today that it will not be forced to close down.

Barbara Maregele

Brief | 23 September 2015

Strike at West Coast sand mine turns nasty

Workers at Australian-owned Tormin mine on the west coast are still on strike after a protest two weeks ago in which a police officer and a worker were injured, and 27 people were arrested.

Mary-Anne Gontsana

News | 23 September 2015

Jet customer sold insurance he didn’t want

GroundUp photographer Masixole Feni tried to open an account at Jet stores last month - and found himself signed up for a handful of insurance policies he didn’t want.

Tariro Washinyira

News | 23 September 2015

Watch out for more bad news on the economy

The recent volatility on the Johannesburg Stock Exchange and in the rand are symptoms of the way ruling classes around the world have tried to deal with the crisis in capitalism that surfaced in the 1970s and has now engulfed China too, writes Shawn Hattingh.

Shawn Hattingh

Opinion | 15 September 2015