South Africa’s Economic Growth Path and the Limits of Imagination
Imagination is absent in the conventional spaces of South Africa’s economic growth path.Conventional wisdom equates increasing economic growth to around 7%, as an important target. In political speak, the growth target is of course a “necessary” and not a “sufficient” condition. What it In fact does is reflect orthodoxy. This policy stance is premised on the fiction that we can grow ourselves out of a situation of high unemployment, poverty and inequality.
The alternative position is to focus on building economic inclusion so that, as growth ramps up, so too, do employment growth and a concomitant reduction in poverty and inequality occur.
Enter COSATU’s economic proposals contained in “A growth Path Towards Full Employment.”
Posted: September 28th, 2010 | No Comments »
Filed under: Economic Inclusion | Tags: Congress of South African Trade Unions, Cosatu, Growth Path



