Asia's economic success stories have been extensively documented in numerous books, attracting a steady stream of visitors to countries like China, Singapore, Vietnam, and South Korea who seek to witness their remarkable growth. Naturally, this prompts the question: What lessons can Africa learn from these experiences, and who should serve as an inspiration? Political analyst, Moeletsi, presents a fresh perspective, suggesting that South Africa should redirect its focus away from the East and instead look to the New World, particularly the United States that we should emulate. In an interview with Biznews, Mbeki draws parallels between the American experience and South Africa's emphasising the need for South Africa to break free from its neo-colonial economic structure imposed by the British, which heavily relies on the export of raw materials. He says that the big mining companies show little interest in beneficiation, instead focusing on excavation and calls for a revolutionary shift to proper industrialisation which includes a fundamental overhaul of South Africa’s education system. - Linda van Tilburg
Video production by Asime Nyide
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Timestamps
00:09 - Introductions
01:04 - On comparisons between Asian countries like South Korea and South Africa
05:44 - On the United States being the example that SA should follow
08:18 - Where did the success story diverge between South Africa and the USA
14:03 - On the colonial hold on our economy
16:31 - On how do we break that hold of the new a colonial economy on South Africa
22:07 - Do we have the capability to establish proper industrialization or beneficiation
24:36 - Conclusions
28 сен 2024
