Yhoo This is so refreshing.. If more professionals could see their fields of study with the critical eye that Ayabonga does; it would benefit South Africa and Africa greatly... If anything at least trace the history that informs the present idea of these fields...you will see differently....
This guy is the Stellenbosch of of ppl. His knowledge of economics, politics and history and ability to practically apply this "AT THE DOORSTEP" Is so fascinating. I'm getting my copy. I'm a huge fan of Ayabonga, I wish he was my friend, this guy is a living time machine 👌🤞🫶
I still have a lot to learn, I am doing Economics at 2nd phase and this taught me a lot. Mr Cawe, I thought I understood English yet the economics language dawg sounds like platinum. Thank Mr Mpofu-Walsh 🙌🏽 great show.
Thank you, Sizwe, for having Ayabonga on this channel. I agree with the look at the Asian/China economy, and I fully agree that we need a generational sacrifice in that sense whole generation must be focused on building/construction (wear gumboots and overalls as it were) so that the next generation can wear suits and take things forward. In our current situation in the continent we trying to do everything at once, no clear generational mission.
Really enjoyed this. Sharp analysis from Ayabonga on where find ourselves now and most importantly why. Refreshing too is an idea of what a future could look like. Looking forward to picking up his book
I definitely agree with Ayabonga on the temporary citizenship especially here in the Mother city. You temporary lay your head in Mfuleni & wake up to serve industria in Milnerton. We definitely still suffer from the Apartheid spatial planning. Certain spaces are reserved for certain races & class. Sometimes you get the imposter syndrome when hiking in nature places around the city or in a restaurant . You are rudely reminded you have to leave because taxis are ending at the taxi rank. & Yes we use consumption to clean ourselves from the dirtiness the black body has received over the centuries.
Congratulations Siyabonga on writing this overdue book - it must be an interesting read - better I lay my hands on it soon. Eish, sisayibanga le economy! I like the way you break down (lay down) both the entanglement amongst history, politics and economy of a black(native) person.
i heard Siyabonga, I need loads of context to really unpack and understand what he's saying(or that this interview unpacks). I appreciate this interview very much. I don't know if the "ordinary "black individual would be able to consume this information as is now, even he says that Sizwe and he are now the "elite", just the fact that they are having this convo. How do learn this and most importantly, how do I explain to my black community simplistically ??? Thank you , i loved this
The ANC continued with the colonial structure in all spheres, even the building of RDP houses reflects that. That is where the problem is, when you let political parties and leaders to define what freedom is to you. Thanks Dr Mpofu-Welsh and your brilliant guest, Ayabonga Cawe. I am buying the book.👊🏿👊🏿👊🏿
"There must be certain societally placed limits to accumulation and the consumption of that accumulation...it can't be left to makert forces alone to determine.." 🔥💯
Very insightful interview indeed. It is very difficult to build and maintain a business in South Africa as there is no stimulus for funding emerging businesses or entrepreneurs. A lot of red Tae demotivates and in most instances deny South Africa the opportunity to move forward.
Books like these bring a lot of light in dark times. How do we network with such impactful Guests to further these ideas and start implementing. Please organise a conference where we can start discussions on plans of action and hit the ground running… only if you knew Sizwe u inspire a lot within us as the youth with your contributions. Glad to have met you at UJ in 2017. 👊🏾
My partner is a small scale farmer and we usually discuss about the issues discussed on this episode. For an example the decision to take SASA grant payments to the bank's killed local small businesses. Previously SASA through that company the CC ruled against used to bring money to the township halls and small business thrived as they set up stalls to sell their products. My partner used sell her agricultural produce. But due to a lack of research the government and post office killed local businesses
Great minds think alike, even on eyewear. Fantastic interview. Gotta cop that Litterature A$AP. Good concepts on helping the plight of the black man. But the elder generation does not easily allow the democratic platforms to advance Kasi progressive economics. I wish that more of Us publish like both of you. Else our generation's perspective will be overtaken by White privilege, in Africa. As much as I will read this, Ayabonga should get an emcee to put book-themes-on-bars. Then drop an album to promote the book. To non-intellectual spaces and the hood
Outstanding session.....in addition expand your knowledge by reading: Apartheid's Insanity and Stupidity by Mateu Nonyane....available on Amazon and Takealot. Thank you for your support!
I had a debate with a few friends about this. They did feel that the economy should be what we should aspire to participate in, because if we don't change in the times,we are irrelevant,even to the poor. I argued that,if we don't understand how we got here,we will always chase relevance,then I spoke of Dr Frantz Fanon, and how deep this goes. My only discomfort is 4th Industrial revolution, and how dangerous this is becoming, and how oblivious they are. Shout-out to Ayabonga,I feel happy that there is someone who gets this so much, I'll probably buy his book for sure💯 Thank You Doc for sharing this 💯 Ayeye🔥🔥🔥
Special request, please ask him to do lecture series on his book. It has too much information and breaking it down into small presentations could be beneficial.
SMW: The root cause of inequality is that some people are very wealthy and others are very poor. This explanation does not suffice. It is like saying the root cause of sweetness inside a Caramello Bear is the caramel that is covered with chocolate, which is sweet enough.
I don't know who this book is intended for however there are a lot of questionable statements, I see a lot of comments say that the interview was brilliant
Saying that using some regions of the country to maximize profit causes multigenerational psycho, social, and economical trauma is also questionable how you came to that conclusion. 1. I think the conclusions does not take in to account what capitalism is, and how it functions, for example we have the taxi industry in the township economy that is making billions. The same taxi industry is run by people from the same regions. From that stand point you can conclude that a of blacks are suffering from cognitive dissonance, they want to make it in the capital world, and again they want to "save" the poor. For example the same cordless Bluetooth earphone Sizwe u are using are made by some child in China. There is no way capitalism can exist without exploitation. 2. To conclude that something is trauma I think we should I think we need a deeper diagnoses than this.
On consumption I think you are focusing on the survival bias, I think its good to keep the audience intrigued, but its not 100% true. Focusing only on people that are buying expensive makes it seem as if your argument is valid, but there are people that managed their credit well, and managed to rise out of the hardship of certain areas. Even though it may be true that " they made us love their wealth and hate ourselves" but its a form of victimhood, its a form of idolization that the bible speaks against, its a form of not wanting to take accountability for our faults. Speaking about credit I think as an economic graduates you should be more vested in terms of how credit is an extension of the capital system where the system could not keep up with paying wages. Even though it made other people poor (not only blacks), but its purpose is to ensure that capitalism continues through consumption. Finally the free market system is not as simple as creating your own neighborhood market. You can see with what covid did. It works on competition, not on pity. If you cant compete then the people will go to the next supplier. So do you think the local economy can compete with the global one with that type of mindset. The mindset of wanting to drive the most expensive car, saying maths is hard, to become a slay queen is a actually a career no one is speaking against it. Ther are other points lets leave it here, great interview, but personally as a young person, I think young people have a lot to learn if they want to compete.
I am highly skeptical of people who want to call the current system patriarchal. I think that is a lazy analysis. If we have majority of the people being women, most consumers are women, the media, movies, television is catering for a girl child. The moment the person has that view point its really questionable if they are really analyzing the issue or are part of the the herd.
But the discussion is not on patriarchy it's on economics. I don't know how you missed all this insightful information and got distracted by an example.
@@mgcinajezile4689 There are some things that I agree with, the main one would be "generational sacrifice". However there is a link between patriarchy and economics, the problem I see is that a lot of African like hearing what they want to hear. What he's been saying has been repeated for many years. For example since pre apartheid the taxi industry has been making billions what have thy done for the black people. Because of infighting, guns, tribalism, those billions go to waste. Its easy to blame white people.
@MGCINA JEZILE excalty, this person singles out one in a number of sub premises on which Aya built his main premises as though it was infact one of the core premises of Aya's analysis (even though, when looking at what patriachy is from a socio/cultural and economic vantage point, it can definitely be legitimately argued that it does infact factor in on our economic reality on some level) and uses that same statement to make a shallow counter argument that is not backed by any evidence whatsoever, he/shes a classic case of selective listening..
@@alikho7320 @Ali Kho just because you don't have the grasp or let alone the awareness of how the socalled system of "patriarchy", and it's socio economic implications, could possibly meaningfully intersect with and influence your present day South African economic status quo, particularly with respect to those of us from previously marginalized population groups, does not mean such a link is non existent, and so what you've infact done is to expose your appeal to ignorance because you've used that ignorance as a counter argument against what has been said as though its actually a real argument based on acceptable evidence, so please try coming up with a more grounded and fact based critical input than spewing unsubstantiated generalities next time. Furthermore the taxi industry has infact significantly contributed to the relative subsitance of our people, more especially in from those previously economically marginalized groups, in that it is the main mode of public transportation for the overwhelmingly vast majority of the poor, working class and in some instances, middles class people (although the middle class is statistically negligible in comparison), which in keeping with recent stats translates to approximately 70% of the country's daily commute on our roads. What this means is that hundreds of thousands of people across the length and breath of this country have food to put on the table and roofs over their heads because of the taxi industry, something you seem to have very little appreciation of, if at all, so don't talk as though this industry is contributing nothing to the material conditions of our people. Having said that, you're correct in saying that it can do better in adressing the general plight of the majority of this country because it has generated and genared enough wealth over the years to throw in its lot to that effect, despite limitations such as not playing any meaningful part in the value chain of the manufacturing processes of the very automobiles it is dependent on, but this missed opportunity speaks of the lack of a shared vision by the government's economic cluster in collaboration with those at the healm of the taxi industry to leverage the wealth of the taxi industry in helping to build township and rural economies. And I believe Aya's take on how the government could convert, leverage and streamline non productive consumption into economicaly viable production capacities across various sectors within the previously excluded communities of this country speaks exactly to the point in question..
