Entrepreneurship is more than just an economic term — it is a way of thinking. Creating jobs, empowering people and giving individuals access to better lives is certainly a development goal which all countries aspire to. But while South Africa has embraced the rhetoric, it has yet to create the economic ecosystem necessary for entrepreneurship to thrive.
While inequality has become a topic of increased popularity and politicization in recent years, most of the attention has focused on how 1% own an increasingly large share of the world’s wealth, rather than on inequalities between nations. In a global context in which national borders and citizenship pose few barriers to the mobility of capital, the reality is also a story of the world’s richest nations continuing to reap a disproportionate amount of the globe’s profits.
Tagged under Labour & Political Economy Inequality, Poverty, Walter Rodney, Underdevelopment