Andile Mazwai (Stockbroker), Chairman of the Kearsney Board of Governors, reflects and challenges on achieving democratic and economic freedom:
HISTORY has demonstrated that capitalism is the best economic system we have. Notwithstanding the current turmoil caused by the global financial crisis, capitalism ranks above socialism and communism for improving the living standards of ordinary people.
Capitalism should not be taken for granted. In Africa, Europe, and parts of Asia, it was predicated by feudalism. This was a medieval system that saw land (capital) dominated by a nobility class and would pass only by birthright or armed conflict.[Read more]
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