We must protect Chris Malikane from attacks by protectors of white privilege

By Pinky Khoabane

April 17 BID

BlackFirst LandFirst will host Prof Malikane this coming Saturday

We can expect Finance Minister Malusi Gigaba’s newly appointed advisor on radical economic transformation to be attacked by the media and those who wish to retain the current economic status of this country. So it’s not surprising to hear the Democratic Alliance (DA) with the help of white monopoly backed media go after Professor Chris Malikane.

He’s saying all the words that promise a shake-up of the economy and protectors of white privilege and its trappings don’t like it. He’s mentioning radical economic transformation and expropriation of land without compensation – phrases which give hope and meaning (until implemented of course) to the landless poor.

Fortunately he’s wise enough to know this and he’s standing firm and is seemingly unfazed by the attacks. He’s an academic and he fights with debate and not the slurs that his detractors have opted to adopt.

Judging by his interview with Fin24, he seems media savvy too opting for a Q&A so as to avoid the usual journalists’ (mis)interpretations. Reading this piece by Hanile Retief and others, you see all the scare mongering labels – radical, unorthodox, socialist, Hugo Chavez school of economics. We must not be swayed by these labels – radical economic transformation must happen and it must happen quickly. Here’s the piece from Fin24.

Radically unorthodox

Gigaba appointed you with the full knowledge that you want banks, mines and insurance companies to be nationalised. Now he is distancing himself from that…

Yes, everyone knows exactly what I stand for.

The media pretends I’m this new guy, but I was involved with Cosatu. People know me. My opinions are part of a broader debate.

There are also people in the ANC who argue that state institutions should be privatised.

Gigaba said he has ‘reined you in’, that you must be quiet…

No, no, no, no. People’s inference of what the minister said is wrong.

There is no way the minister can tell a fellow South African to keep his mouth shut. I am an academic, I work with ideas.

I have to challenge public opinions that mislead the nation.

When the minister said he reined me in, he meant we should no longer focus on talking, but on doing – action that will transform the economy.

How do you and Gigaba differ?

He did not say there would be nationalisation.

He said there should be competing schools of thought, so that we can get the best from everything there is.

Is that not just Gigaba attempting to try to calm overseas investors?

Investors have to be assured that South Africa is a destination for investment.

The Cabinet reshuffle shouldn’t lead to people having doubts. The ANC’s financial policy is still the same. We are on course.

The DA’s David Maynier said it sounds as if you were educated in the Hugo Chávez school of economics?

Yes, just listen to that! Helen Zille comes back from Singapore full of praises, but Singapore has a state bank.

But if I talk about a state bank in South Africa, they blow me out of the water.

Maynier is not advancing the debate, he must come with facts.

To merely paint people as Marxist or communist – that hasn’t worked for a long time.

What do you think of Venezuela’s nationalisation experiment?

I think we could have done it better. Venezuela’s economy is not diversified enough, if the oil price drops the economy is exposed.

Even before Chávez, deep inequality threatened to tear the political fabric apart.

The country was on the road to civil war and radical intervention in policy was necessary.

So, the levels of inequality in South Africa, the historical grievances and the fury should not be dismissed.

A civil war can easily break out here as well – let’s not have any illusions about that. If that means the state has to get involved in a certain area of the economy to help lift people out of poverty, we should not hesitate to say that to investors.

Are you Gigaba’s new battering ram – as Maynier calls you – to take on orthodox economists within Treasury?

I don’t take that seriously. He fails to interact with me in a decent, intellectual way, I don’t take him seriously.

You write that it is now our opportunity to complete the revolution – with the expropriation of land without compensation to owners?

All land in South Africa belongs to all South Africans. The land must be released and shared with those who work the land.

And all state and municipal land?

Exactly, exactly. The state must release land, not necessarily in respect of ownership, but in terms of use.

It can increase the tax base by collecting rent, rather than the state sitting on so much unused land.

I’m asking for true, democratic land use.

If you drive around South Africa and you see a mountain, you have to be able to identify with it as your own, it shouldn’t feel “foreign”.

It’s a natural resource, it belongs to all of us.

And if you paid for that mountain and the transfer costs and all?

We don’t have a problem with that.

Our problem is: you can’t buy stolen goods. Certain legs of the economy such as land ownership should not be in private hands.

The agricultural activities on the land may well be privately managed. I’m not saying the state should take the tractors and things.

Farming operations should not be disrupted and farms cut up into small pieces – that does not make economic sense.

We are talking about unused land that is owned by the state.

The release of land wasn’t really a priority in the past 24 years…

Yes, and we must criticise that.

The ANC believes in fundamental changes in ownership and control of the economy, in the structures and institutions, that’s what it is.

President Jacob Zuma says only 3% of the shares on the JSE are owned by black South Africans. Do you agree?

There will have to be fundamental shifts in ownership and control.

We know why black people don’t have ownership, let’s not mince our words, it’s for historical reasons: apartheid, colonialism and so on.

And the state pension fund in which everyone has indirect ownership on the JSE?

No, even under apartheid, black people had pension funds, but nobody said you can’t struggle against apartheid because you have pension funds, that’s not an argument.

You said the country has become a battleground for capitalist groups. Why?

Everyone wants a piece of this country. People come here and take our minerals, use our natural resources.

South Africans can’t just stand by and watch, there is going to be a civil war here.

Wars aren’t started by ordinary people, but by elites who are fighting over resources. We need to wake up.

Do you know the Guptas?

No. This is like asking me if I know Anton Rupert.

I’m just an academic, I work with unions, progressive youth movements and black intellectuals.



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  1. Professor Chris Malikane must be supported by all principled South Africans with true character. He is being attacked by those who want to continue benefiting from White monopoly capital and all the Black Africans that are gullible and fall to the populist and opposition white media. Who said capitalism and privatisation are the best and only solution to our economic woes? We can see the ravages of capitalism and privatisation everywhere and we are still told to drink from that well no matter how poisoned it may be. Prof Malikane brings a breath of fresh air and I just hope and wish that implementation becomes the mantra

  2. Very articulate and that is the reason he is under attack, we must remember that the opposition is doing their duties and that is opposing every idea that the black leadersip comes up with.

  3. I love the way he thinks, but I have a problem with our goverment they are not laying a good foundation so that the youth can be able to utilise the land, if it turn to be a reality like the skills that is required if you become a farmer. You need to know how to mainten tractors basics, water pumps, how to find water underground.

    1. Hopefully he’ll put a concrete plan on how we must achieve economic empowerment for the dispossessed, poor, landless. The ANC government has wonderful policies with big gaping holes in the implementation. There’s also the unwillingness which hopefully he can bring to bear. Im hopeful but a little afraid that the ANC has too many people within the back pockets of White Monopoly Capital and would sabotage the project.
      He must be supported and we the citizens must think how we will protect him to the end.



  4. Wow!
    I see the light shining here to destroy darkness which engulfed this nation centuries ago. I am the young black SA and ready to embark on this battle which have destroyed hopes of many people of this country. We need people who are determined to challenge every wicked activity that had robbed us our identity as people.

    If this generation does not fight this, than all of us we are doom to destruction to come. We suppose to be leading in Africa by now and creating more Africentric economic structures to liberate black people. Let not allow the manipulation from the external forces which which have been stripping us naked.

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