The current political state of South Africa, as depicted by media reports, is characterised by opportunism to self enrich. It also went further to the coining of the term 'tenderpreneurship'. Political connection is valued to offer a leeway into getting government tenders through providing basic service to majority of poor South Africans. Through circumstances I cannot fully understand, people, more especially poor majority are seen taking to the streets protesting against service delivery. This results into a logical conclusion of those having been offered tenders as comprehensively incompetent. Many other situations of this sort are reportedly occurring, everyday.
However, some blame this on free market state.
The blame should be nothing other than an excuse of not having a clear solution to the underlying problem. Capitalism is far from being the cause of this incessant greed shown by the politically connected tenderpreneurs. Capitalism work in quite the opposite. In an ideal capitalist state, service delivery is the benchmark of the system's success. Capitalism is the end result efficient of service delivery.
In his wealth of nation, the father of capitalism, Adam Smith, stated 'the greed of an individual for more money would make him produce more in order to serve his needs.' This systematically change the practice of 'politically connected for financial gains' as corruption. Every economic system is corruptible, thus it's utter stupidity to blame capitalism.
Perhaps I might not be well versed about the politics of economic systems but I hardly heard capitalist advancing their cause byverbally attacking the other system.
I remain pro-capitalism under its basic values.
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