Julius Malema

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They seem to be stuck in the Socialist cold war era.

There is a lack of modern prominent black economists. Most who have economist backgrounds just try to implement western capitalist or eastern socialist strategy vs developing new concepts that speak to the unique conditions of black people.
 

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There is a lack of modern prominent black economists. Most who have economist backgrounds just try to implement western capitalist or eastern socialist strategy vs developing new concepts that speak to the unique conditions of black people.

I would think that socialism in general would be a economic system that's a better fit for Africa seeing as Africa is rich in resources.

I'm no economist so I wouldn't know what other econ systems would be better suited for the Continent.
 

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I would think that socialism in general would be a economic system that's a better fit for Africa seeing as Africa is rich in resources.

I'm no economist so I wouldn't know what other econ systems would be better suited for the Continent.

The closest thing we got was African socialism but even then Africa needs an economic model focused on the future. The days of thinking you are going to be rich just from farming or mining is over. Especially when doing this stuff more efficiently = less jobs for the exploding young population
 

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The closest thing we got was African socialism but even then Africa needs an economic model focused on the future. The days of thinking you are going to be rich just from farming or mining is over. Especially when doing this stuff more efficiently = less jobs for the exploding young population
Yep.
 
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