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Truth is in favor of you and me; for the truth of our enemies whom we have been serving here in the U.S.A. for over 400 years (whom we did not know to be our enemies by nature) is the truth that the Black Man must have knowledge of to be able to keep from falling into the deceiving traps that are being laid by our enemies to catch us in their way which is opposed to the way of righteous of whom we are members. ~ The Honorable Elijah Muhammad

Friday, January 25, 2013

The big problem in South Africa: Widening gap between rich and poor

South Africa
South Africa (Photo credit: United Nations Photo)
When Apartheid ended in 1994, South Africa moved from an era of institutionalized racial separation to what many believed was an equal society. But today, the rich-poor divide is starker than ever before.

The policies that we adopted, has essentially been the Washington Consensus policies. And these are the same policies that bring about inequality in any part of the world.

But the big problem in South Africa is the historical inequality that we inherited from Apartheid which was not really undone in any way by the new South Africa. Because all we did in negotiating a new dispensation was that we guaranteed ownership of those who had all of the wealth.  PressTV...

Also read:
SA ‘more unequal’ than 20 years ago, says Oxfam - Yahoo! News South Africa

Inequality damages economies, is divisive and can lead to social unrest, Oxfam International said on Monday.
SA is one of the world’s most unequal societies, with a Gini coefficient of 0,63 in 2011 — a coefficient of zero means a country has complete equality and all households earn exactly the same.

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