The second quarter of 2018 has seen South Africa register a negative growth designated recession while the country’s currency, the rand, continues to be volatile.
Samir Amin is proposing a way out of the current situation of capitalism in crisis. Nations should socialise the ownership of monopolies, de-financialise the management of the economy and de-globalise international relations.
Outlining a number of reasons, the author explains that the government of South Africa is still planning to expand its nuclear energy generating capabilities.