Friday, June 29, 2012

Solidarity: economic growth happens with free competition and cooperation

Lauren Snyders
29 June 2012

Solidarity is concerned over some things that are being discussed at the ANC policy conference.

Solidairty’s Piet le Roux said that is encouraging to hear that full scale nationalisation is not on the cards.

Le Roux said the problem is the underlying thinking in the ANC as ever, and that thinking has been, the economy should be dominated.

He added that growth results from state intervention.

Le Roux said that is profoundly not how economic growth happens.

He said it is a result of free competition and cooperation.

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