South Africa: What Does 'Economic Freedom' Mean for the Youth?

Twenty years after the end of formal apartheid, most South Africans are yet to reap the fruits of the struggle for freedom. The nation's wealth is in the hands of the white minority, while the black youth have no jobs. The ANC pursues a capitalist model of development, which the youth now want changed

ABSTRACT

This article does not seek to provide answers but rather to stimulate debate around the demand for economic freedom. The aim is to understand and unpack the economic freedom fighters' grievances and recommendations stated in the "Economic Freedom in our Lifetime" discussion document, which enjoys an overwhelming support from the majority of the youth within the alliance.

It assesses the youth's call and grievances by exploring their challenges and background. The article therefore evaluates the economic freedom's effect on the relationship and the bondage within the ruling African National Congress party and its youth alliance.

The concept of 'economic freedom' and its seven cardinal points made and continues to effect great impact on public policy discussions. This concept stimulated vibrancy and activeness among young people leading to increased productive and well informed youth needed for sustainable economic growth and development.

But can the alliance survive the contradictions and ideological differences for economic direction? What can be done to realise tangible economic transformation?

INTRODUCTION

The youth of South Africa have recently started to raise their opinions regarding the economy of their country and their role in it. They have come to question the system in place and submit that in the 19th year of our democracy the country has seen minimal or little change in the socio-economic relations.

The post-apartheid South Africa is dominated by the triple challenges of inequality, poverty and unemployment.

Statistics South Africa's Income and Expenditure Survey report that the inequalities among South Africans continues to deteriorate, further marginalizing the poor. South Africa is currently ranked as one of the most unequal countries in the whole world, overtaking the likes of Brazil and Mexico to mention few.

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South Africa: What Does 'Economic Freedom' Mean for the Youth?

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