“When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods but in favours; when you see that men get richer by graft and by pull than by work; and your laws don’t protect you against them but protect them against you; when you see corruption being rewarded and honesty becoming a self-sacrifice; you may know your society is doomed.
Eskom has 10,000 too many employees; Transnet, the company that barely runs trains, employs 45,000 people. Most of these employees produce very little, a lot of them don’t go to work, and when they do, they are disruptive and poorly managed by people who, like our president, cannot make a hard decision. They walk all over everything, and when things don’t go their way, they throw their power around, because they can.
The leadership, institutional knowledge, work ethic and skills that carried these organisations has gone, retired or — where made unwelcome — just left. The ANC government has cut itself off from the skills that could help it implement its stupid policies, and now we all suffer. I don’t see private companies acting like this. Why? Because they have to compete and produce to survive.
The core of Ayn Rand's philosophy is that unfettered self-interest is good and altruism is destructive. Basing a view on her thinking is flawed, unfortunately. Reminds one of the Nazis and Nietsche...
BEE has long run it's course which was correct at the time but should have abandoned in 2014!
Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met BernardMason07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks BernardMason07
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