...In South Africa, Trevor Manuel is money. It wasn’t always - TopicsExpress



          

...In South Africa, Trevor Manuel is money. It wasn’t always that way. As heady days of democracy dawned, Manuel and his comrades knew less than nothing about how an economy functioned. “You will learn,” Madiba told him, and learn he did. Or, rather, he played catch-up with the best of them. But it cannot be said that Trevor Manuel made the South African economy. Madiba picked him for the finance portfolio because Manuel was neither communist nor capitalist; he had no ideological bent, and therefore was unlikely to burn down the Reserve Bank or hand out gold mines to people wearing Biko t-shirts. He was a pragmatist, who ended up believing that a steady hand on the neo-liberal tiller would end up enriching the entire country. About that, he was wrong...
Posted on: Thu, 04 Dec 2014 07:16:01 +0000

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