Monday, 16 July 2007

History isn't bunk

FOR a group of people who claim, from their study of history, to know how everything works, the South African Communist Party seems not to have noticed that nationalising industry merely results in decline, atrophy, decay and ultimately collapse -- benefiting only a new class of bureaucrats. Oops, now I see why! The latest demand from these antiquated economic fossils who gathered in Port Elizabeth is for the nationalising of Sasol and Mittal Steel. It would be time to start hoarding fuel and iron ore, if the SACP had any real clout which, thanks to everything that is holy, it does not. But I suppose it must be nice to gather the faithful together for a party every now and then. Have to spend the membership funds somehow.

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