Hacker News new | ask | show | jobs
by eli_gottlieb 4527 days ago
South Africa is a very close approximation of what happens when you impose decades of apartheid and then let a small elite class of blacks in on the fun without actually dismantling the inegalitarian economic system itself.
1 comments

:) And how would you go about dismantling the inegalitarian economic system?
And what about the current owners? The state can't afford to buy them out. Disown them? Massive loss of international trade and investment trust as could be seen with other african countries (Zimbabwe is the most prominent example).
Convert natural resources into commons trusts and industrial concerns into workers' cooperatives.