He seeks wisdom makes his father rejoice, but he who keeps company with prostitutes squanders his wealth. By justice a king brings stability, he seeking bribes brings it to ruin. [Proverbs 29:3,4]
Expropriation of property without compensation is nothing more than legal plunder.
The ANC like all socialists and communists specialises in legal plunder.
Now let see what Frédéric Bastiat said about legal plunder so you can recognise it: How to Identify Legal Plunder
But how is this legal plunder to be identified? Quite simply.
See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Then abolish this law without delay, for it is not only an evil itself, but also it is a fertile source for further evils because it invites reprisals. If such a law—which may be an isolated case—is not abolished immediately, it will spread, multiply, and develop into a system.
Legal Plunder Has Many Names
Now, legal plunder can be committed in an infinite number of ways. Thus, we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements/ politically-motivated “incentives,” progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labour, free credit, and so on, and so on. All these plans as a whole -with their common aim of legal plunder- constitute socialism.
Today my daughter worked in the High Care ward of Charlotte Maxele Hospital, the teaching hospital right next to Wits Education Campus, JHB. At 1430 today she found that one of the patients she was supposed to treat had not been checked up on since 0600, lying in hours-old diarrhea, with a temperature that had risen by 3 degrees since he was last checked. And the person on the ward my daughter reported it to asked "Why are you telling me? Go and find a nurse." Daughter replied where is a nurse? "Person" replied "I am a nurse". And my daughter waited 30 mins for someone to assist the guy, and no one came.
That is the "new SA" in a nutshell - too lazy to do their goddam jobs! IF the people in SA actually did their jobs, then SA would probably be a first-world country, instead of the rapidly descending sh1thole it is.
Understood and agreed Z99. But my own experience with a State Hospital in Fish Hoek is quite the opposite. I was hospitalised last September with viral pneumonia (I am 80) and they were brilliant. I fully recovered in 11 days after perfect professional treatment with oxygen and antibiotics IV. I never experienced such treatment in UK. Although I must admit that my gall bladder removal was perfected key-hole surgery in just 12 hours 15 years ago
Anecodtal experiences will give conflicting views, as always.
The ANC govt says it wants to grow the economy to provide jobs for the unemployed, but the Expropriation and Land Acts allow confiscation of property rights by anyone who can be bothered with a court case, or without even that!
No way anyone is going to invest in SA under those circumstances.
Another thing: the SA Govt's greatest sector of expenditure is Education, it spends more on education as percentage of GDP than any other country in the world, but the results are the worst in the world.
You can therefore see where SA is going, and that there is no hope of anyone being able to turn it around, because the poorly- and un-educated, e,g,. Julius Malema, will always be able to mobilise the majority to wreak violence on the minority.
We will have to see how the GNU performs Z99, which I guess will take some time. I just hope that the DA sticks with it, as if not, Malema & Co will move SA to the wrecking ball.
Expropriation of property without compensation is nothing more than legal plunder.
The ANC like all socialists and communists specialises in legal plunder.
Now let see what Frédéric Bastiat said about legal plunder so you can recognise it: How to Identify Legal Plunder
But how is this legal plunder to be identified? Quite simply.
See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Then abolish this law without delay, for it is not only an evil itself, but also it is a fertile source for further evils because it invites reprisals. If such a law—which may be an isolated case—is not abolished immediately, it will spread, multiply, and develop into a system.
Legal Plunder Has Many Names
Now, legal plunder can be committed in an infinite number of ways. Thus, we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements/ politically-motivated “incentives,” progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labour, free credit, and so on, and so on. All these plans as a whole -with their common aim of legal plunder- constitute socialism.
Thanks SJ - no argument here - all governments engage in legal plunder - there is no hope until everyone decides not to play. Infinite games are played never to end: https://austrianpeter.substack.com/p/global-chessboard-infinite-games?utm_source=twitter&sd=pf
Today my daughter worked in the High Care ward of Charlotte Maxele Hospital, the teaching hospital right next to Wits Education Campus, JHB. At 1430 today she found that one of the patients she was supposed to treat had not been checked up on since 0600, lying in hours-old diarrhea, with a temperature that had risen by 3 degrees since he was last checked. And the person on the ward my daughter reported it to asked "Why are you telling me? Go and find a nurse." Daughter replied where is a nurse? "Person" replied "I am a nurse". And my daughter waited 30 mins for someone to assist the guy, and no one came.
That is the "new SA" in a nutshell - too lazy to do their goddam jobs! IF the people in SA actually did their jobs, then SA would probably be a first-world country, instead of the rapidly descending sh1thole it is.
Understood and agreed Z99. But my own experience with a State Hospital in Fish Hoek is quite the opposite. I was hospitalised last September with viral pneumonia (I am 80) and they were brilliant. I fully recovered in 11 days after perfect professional treatment with oxygen and antibiotics IV. I never experienced such treatment in UK. Although I must admit that my gall bladder removal was perfected key-hole surgery in just 12 hours 15 years ago
Anecodtal experiences will give conflicting views, as always.
Blessings
AP
The ANC govt says it wants to grow the economy to provide jobs for the unemployed, but the Expropriation and Land Acts allow confiscation of property rights by anyone who can be bothered with a court case, or without even that!
No way anyone is going to invest in SA under those circumstances.
Another thing: the SA Govt's greatest sector of expenditure is Education, it spends more on education as percentage of GDP than any other country in the world, but the results are the worst in the world.
You can therefore see where SA is going, and that there is no hope of anyone being able to turn it around, because the poorly- and un-educated, e,g,. Julius Malema, will always be able to mobilise the majority to wreak violence on the minority.
We will have to see how the GNU performs Z99, which I guess will take some time. I just hope that the DA sticks with it, as if not, Malema & Co will move SA to the wrecking ball.