Rethinking Economics for Africa Essay Competition

The Institute for African Alternatives, the Institute for Economic Justice and the Rethinking Economics for Africa student network  invite all students registered for an undergrad, honours or masters at a South African University to submit essays addressing the following question: “South African Inequality can be solved within the context of neoliberal capitalism.” Critically evaluate this... Continue Reading →

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Can economic policy escape “State Capture”?

An attack from the outside can leave a country in ruins but there is a good chance that the population will rise to defend itself with whatever means at their disposal. When an attack is launched from within by fellow citizens (and there is no civil war underway) the destruction can be much worse. That... Continue Reading →

Mapping a path for South Africa’s economic revival

The Institute for African Alternatives (IFAA) recently brought together some of South Africa's leading progressive economists to discuss the country's seriously weak economy. This emerged out of concern about the narrow scope of the Presidency's international investment drive and a recognition that this does not provide the answer to the country's urgent need for reform... Continue Reading →

Minimum Wage in South Africa: A Question of Power

Introduction South Africa has embarked on the historic implementation of a national minimum wage. This is both a timely and important intervention because the South African labour market continues to generate some of the highest levels of income inequality in the world, partly the result of unemployment but also due to massive inequalities in wages... Continue Reading →

Economic Pluralism in South African Universities

In the last decade there have been mounting levels of frustration among students of economics at higher education institutions across the globe as they grapple with the lack of relevance of their degrees to real world socio-economic challenges. Although not a new phenomenon, the disconnect between what economic students are taught in the classroom versus... Continue Reading →

Confronting Inequality: The South African Crisis

South Africa’s distorted distribution of wealth is one of the biggest challenges facing the country’s economy, with unemployment sitting at an unsustainable 27.7%. In terms of wealth, the top percentile households hold 70.9% while the bottom 60% holds a mere 7%. 76% of South Africans face an imminent threat of falling below the poverty line.... Continue Reading →

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