[Debate] ] (Fwd) Reuel Khoza in the spotlight

[Riaz K Tayob]

Khoza may have a point in that state capacity is rather low in terms of 
developmental effectiveness. But this is not criticism actually it is 
hot air because Khoza is arguing for more neoliberal policies.... it is 
as if we ahve not lost a million jobs due to the crisis or that 
productive capacity has not been decimated by the deregulation and 
liberalisation that has been pursued already... the answer is more of 
the same... even Greenspan found a flaw in his theory, Khozan and 
Schusslerian economics are immune to reality it seems...

On 2012/04/02 03:04 PM, Patrick Bond wrote:
>
> Dr Khoza said: "One of the major socioeconomic and political 
> challenges facing our country is addressing unemployment and creating 
> jobs. While these issues are priorities on the national agenda, it 
> should be acknowledged that there are few cases in the world where 
> government and big business have been able to create jobs on a large 
> scale.
>
> "Job creation is also stifled if our economy is not expanding. The 
> issue needs to be addressed by focusing on entrepreneurship. 
> Government should create an enabling environment with minimal 
> regulation to enable entrepreneurs to flourish," he said.
>