oa Africa Insight - Adequate economic prosperity as a prerequisite for political stability in a post-apartheid South Africa: The relevance of the nationalization/privatization debate

Volume 20, Issue 3
  • ISSN : 0256-2804



Those who believe that a democratic and free society is a good society should also acknowledge that democracy demands equality and fairness. For people to be free and happy they must have a say in their own destiny and be able to co-determine whatever access there may be for them to life's opportunities. Any attempt to create a democratic society under conditions of economic scarcity or gross inequality is doomed to failure and can only result in exploitation and domination. Regarding the distribution of power in a democracy any claim to a legitimate title to rule can be maintained only as long as effectiveness and efficiency are demonstrated.

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