People change their minds you know, evidently, at least according to this source, Mandala did embrace free market ideals later on in his development:
When Mandela was released from captivity in 1990, he retained many of the Marxist beliefs he held when he entered prison more than a quarter-century earlier. He supported the nationalization of the banking sector, and, mining, South Africa's most important industry.
But after traveling the world, he changed his views. And ultimately, after taking office in 1994 he embraced fiscal restraint, privatizations of state owned industries, structural reforms to the labor market, and a monetary policy to control inflation. "He embraced free markets, but equally he felt that business leaders needed to be incredibly responsible in the way they used their wealth … and be forces for good," Branson said. It's "something all us business leaders need to take on board."
You mean he didn't have faith in free markets as a black man under apartheid? Or was this apartheid some kind of made-up idea?
ReplyDeletePeople change their minds you know, evidently, at least according to this source, Mandala did embrace free market ideals later on in his development:
ReplyDeleteWhen Mandela was released from captivity in 1990, he retained many of the Marxist beliefs he held when he entered prison more than a quarter-century earlier. He supported the nationalization of the banking sector, and, mining, South Africa's most important industry.
But after traveling the world, he changed his views. And ultimately, after taking office in 1994 he embraced fiscal restraint, privatizations of state owned industries, structural reforms to the labor market, and a monetary policy to control inflation. "He embraced free markets, but equally he felt that business leaders needed to be incredibly responsible in the way they used their wealth … and be forces for good," Branson said. It's "something all us business leaders need to take on board."
Read more at http://www.cnbc.com/id/101252639
Okay, and even some righties are saying as much. Still, the full story of why he wound up in jail and was there for so long must be aired.
ReplyDeleteAnd the evils of apartheid never forgotten.
ReplyDelete