My son in University was sprouting forth Socialistic ideas. I laughed when he started working. Then he became a Capitalist. Smaller , less control governments are needed. I wish that AI took the jobs away from Politicians. The world would become a better place soon. Maggie Thatcher's comment that Socialism works until you run out of tax payers money is so correct. Government doesn't have money... it has tax payers' money !!
Being free means having the option to opt out! National Socialism does work, just not for the Globalist Program or is that Pogrom. There is and has never been a successful Democracy in its pure form. And, the path to Fascism is paved in Democracy. afaik.
Rob and Stellenbosch are of course wanting a capitalist reawakening as they are trying to rebrand themselves fir the center right! National Socialism and it’s federalism sets everyone free which is what they don’t want! You will see with the DAs plan for jobs and it’s gig economy is to pay South Africans half the money Americans recieve for the very jobs they don’t want! There honestly cannot be a middle ground, Capitalism and democracy has put us in this hole, as it’s not capitalism Rob is calling for its feudalism… Rob is a liar just like his Democrat buddies
Capitalism and socialism are 2 sides of a spectrum. The fact that people still think one or the other is the reason the world is the way it is. Those that have their needs met will praise capitalism and those without will praise socialism.
More of a question, suggestion: I'd like to listen to Rob talk about BEE. Does it work? When does it end? What do we need to do to make it end? I believe we might see more capitalist investment if investors could choose the best people based on skills and not skin colour.
Adam Smith is what I learnt about when I was at UCT in 1980 doing economics!! Adam Smith's amazing book was THE man with his book "The Wealth of Nations"! Socialism is dead & proved to be like Communism!!
Yet those same people are probably up before you and get back home after you, earning less than a quarter of what you make. A little compassion can go a long way.
Rob Hersov is right, socialism is evil. Yet, capitalism as we see it functioning today, is as evil as socialism. Capitalism as we see it today is exactly what Adam Smith warned against, morality was blown out of the door. Greed is in control; as Rob has so beautifully explained, the measure of success for capitalists is wealth which is sickening to the core. If money is the objective, then you live in a sick society.
Could not agree with you more buddy. It's greed and no morality, to say the least. Even some communist countries feast on some form of capitalism these days.. I always enjoy listening to RobH.
He did, but Rob and Stellenbosch are liars. The only honest thing Rob ever said was that South Africans were all on our way to be millionaires in the 70s… Stellenbosch owes the Afrikaans community trillions as it’s been 50 years since Democrats took over from the Nationalists… Rob is a fraudster
I would not consider myself a pure capitalist but I am a free market supporter, or in other words an anti-communist. A free market necessarily implies that concepts like equality only apply to the few aspects of society where they make the most practical sense, such as before the law. Applied anywhere else and they become a burden of inefficiency that does nothing but drag the country down. Futhermore, any system of authority that discourages free speech is by its nature incapable of self-improvement. If citizens cannot point out where a government is failing, how is it supposed to know where to utilise resources most optimally? Most importantly, however, any authority that dissuades free speech also dissuades creativity and innovation, which are the lifeblood of entrepreneurship.
When you invest in Mine shares !! Start small and slowly build up. It's going to take time but eventually you become a mine owner and workers who are paid for their labour, will be rewarding you for your investment.
We are told money never sleeps. Never thought capitalism could slumber and require reawakening. It's alive and kicking though its beneficiaries would like us to believe otherwise. Countries at the bottom are the ones that were raided, and their natural resources were raped (metaphorically) and plundered by the ones at the top.
There are still plenty of natural resources left in SA and wider Africa. There are no natural resources in Israel, another country that gained it's independence only ten years before many African countries, yet they are rich. It's the not the not the beneficiaries that are plundering SA it's the people within it that need to be educated.
There's a big difference between free market capitalism and a group of a few controlling everything. Capitalism has evolved into something incompatible with the free market, at least the way it is practiced in U.S.A, EU and South Korea & Africa
Firstly socialism is not the same as communism. Secondly capitalism is only great if u are one of the privileged. Want to argue... just look at the USA. Arguably the wealthiest nation on the planet. Plagued by homelessness and its healthcare system is the most expensive with poor outcomes. The education system isn't much better. Then look at Finland, a socialist country (not communist) it has 24hr childcare, one of the best education systems in the world, and a good healthcare system. 😮
Don't get me wrong I love Biznews and Rob Hersov, but to ask a billionaire (rolling in dollars pounds), his opinion of socialism vs Capitalism seems grossly offsides. Ask the unemployed, the homeless and the starving how well capitalism has served them? The problem with Capitalism is that it by its nature, creates the rich, the middle class and the poor with the majority being 90% the poor. Is this fair?
Rob Hersov I have ask you in the past, set free funders for entrepreneurs if you want the economy to grow, but you prefer to be quite or want to make money out of this
I don't consider myself a communist or capitalist but you guys seem to get things wrong; its crazy. its not about capitalism working, its about select few capitalism works for.
Economic are actually to use different approaches and not one way right or left. These people are globist trying to steal all resources out of every African country.
How about we put capitalism and socialism together? They both makes "social democracy" we need to allow business to thrive and create jobs and also tax the rich and uplift the poor like...funding free education and health for poor. NSFAS,SASSA and Social grant are funded by capitalism.
Rob Hersov is rich, not intelligent. Without his wealth his views wouldn't count for nothing, he hasn't added anything to the debate between the alternate economic/social systems. Oh, it just had to be Jabu 😂😂😂
Inclusivity is capitalism's big problem. South East Asia got the balance right between inclusivity and economic development and inclusivity. Why? Education. If capitalism misses out on education won't last long.
My son in University was sprouting forth Socialistic ideas. I laughed when he started working. Then he became a Capitalist. Smaller , less control governments are needed. I wish that AI took the jobs away from Politicians. The world would become a better place soon. Maggie Thatcher's comment that Socialism works until you run out of tax payers money is so correct. Government doesn't have money... it has tax payers' money !!
I love gayton too thank you rob
Capitalism, private property rights, the rule of law and small government: these are the fundamentals of a free and prosperous society.
Being free means having the option to opt out!
National Socialism does work, just not for the Globalist Program or is that Pogrom.
There is and has never been a successful Democracy in its pure form.
And, the path to Fascism is paved in Democracy.
afaik.
Rob and Stellenbosch are of course wanting a capitalist reawakening as they are trying to rebrand themselves fir the center right! National Socialism and it’s federalism sets everyone free which is what they don’t want! You will see with the DAs plan for jobs and it’s gig economy is to pay South Africans half the money Americans recieve for the very jobs they don’t want! There honestly cannot be a middle ground, Capitalism and democracy has put us in this hole, as it’s not capitalism Rob is calling for its feudalism… Rob is a liar just like his Democrat buddies
Yes thank you Rob. We need capitalist activism
Communism is awful
Capitalism and socialism are 2 sides of a spectrum. The fact that people still think one or the other is the reason the world is the way it is. Those that have their needs met will praise capitalism and those without will praise socialism.
I don't know why, but i like Rob hey.
More of a question, suggestion: I'd like to listen to Rob talk about BEE. Does it work? When does it end? What do we need to do to make it end? I believe we might see more capitalist investment if investors could choose the best people based on skills and not skin colour.
Couldn't agree more this Bee should be relooked.
Adam Smith is what I learnt about when I was at UCT in 1980 doing economics!! Adam Smith's amazing book was THE man with his book "The Wealth of Nations"! Socialism is dead & proved to be like Communism!!
Not what your higher percentage black citizen in the country wants to hear; then they must work. That is totally against their grain.
Yet those same people are probably up before you and get back home after you, earning less than a quarter of what you make. A little compassion can go a long way.
How about merging the two and explore bcz Socialism - too much Tax and corruption ,Capitalism - monopoly and greed
Rob Hersov is right, socialism is evil. Yet, capitalism as we see it functioning today, is as evil as socialism. Capitalism as we see it today is exactly what
Adam Smith warned against, morality was blown out of the door. Greed is in control; as Rob has so beautifully explained, the measure of success for capitalists is wealth which is sickening to the core. If money is the objective, then you live in a sick society.
I agree
Could not agree with you more buddy.
It's greed and no morality, to say the least.
Even some communist countries feast on some form of capitalism these days..
I always enjoy listening to RobH.
Didn't Rob say he was finished with his role as activism? Confused.
He did, but Rob and Stellenbosch are liars. The only honest thing Rob ever said was that South Africans were all on our way to be millionaires in the 70s… Stellenbosch owes the Afrikaans community trillions as it’s been 50 years since Democrats took over from the Nationalists… Rob is a fraudster
I would not consider myself a pure capitalist but I am a free market supporter, or in other words an anti-communist. A free market necessarily implies that concepts like equality only apply to the few aspects of society where they make the most practical sense, such as before the law. Applied anywhere else and they become a burden of inefficiency that does nothing but drag the country down. Futhermore, any system of authority that discourages free speech is by its nature incapable of self-improvement. If citizens cannot point out where a government is failing, how is it supposed to know where to utilise resources most optimally? Most importantly, however, any authority that dissuades free speech also dissuades creativity and innovation, which are the lifeblood of entrepreneurship.
When will all citizens of SA benefit from our countries resources?
When you invest in Mine shares !! Start small and slowly build up. It's going to take time but eventually you become a mine owner and workers who are paid for their labour, will be rewarding you for your investment.
@@douglasmetcalf390 people dont want to here that(start small), they want radical transformation like BEE
We are told money never sleeps. Never thought capitalism could slumber and require reawakening. It's alive and kicking though its beneficiaries would like us to believe otherwise. Countries at the bottom are the ones that were raided, and their natural resources were raped (metaphorically) and plundered by the ones at the top.
There are still plenty of natural resources left in SA and wider Africa. There are no natural resources in Israel, another country that gained it's independence only ten years before many African countries, yet they are rich. It's the not the not the beneficiaries that are plundering SA it's the people within it that need to be educated.
There's a big difference between free market capitalism and a group of a few controlling everything. Capitalism has evolved into something incompatible with the free market, at least the way it is practiced in U.S.A, EU and South Korea & Africa
Hot air as usual from this chap. Flawed argument when you do not mention the role of economic sanctions on socialist and communist regimes.
Firstly socialism is not the same as communism.
Secondly capitalism is only great if u are one of the privileged. Want to argue... just look at the USA. Arguably the wealthiest nation on the planet. Plagued by homelessness and its healthcare system is the most expensive with poor outcomes. The education system isn't much better. Then look at Finland, a socialist country (not communist) it has 24hr childcare, one of the best education systems in the world, and a good healthcare system. 😮
Don't get me wrong I love Biznews and Rob Hersov, but to ask a billionaire (rolling in dollars pounds), his opinion of socialism vs Capitalism seems grossly offsides. Ask the unemployed, the homeless and the starving how well capitalism has served them? The problem with Capitalism is that it by its nature, creates the rich, the middle class and the poor with the majority being 90% the poor. Is this fair?
Ask your Government why they can't employ everyone !?
Social capitalism already does exist but is not implemented ever in the way to should be
Rob Hersov I have ask you in the past, set free funders for entrepreneurs if you want the economy to grow, but you prefer to be quite or want to make money out of this
I don't consider myself a communist or capitalist but you guys seem to get things wrong; its crazy. its not about capitalism working, its about select few capitalism works for.
Feudalism is what Stellenbosch wants
Economic are actually to use different approaches and not one way right or left.
These people are globist trying to steal all resources out of every African country.
Promotes trump that says it all
It’s so surprising that this level of arrogance is not questioned.
Hersov joins trump/musk bromance.
Then what the HELL is your President not mine doing in RUSSIA.?..?...?
How about we put capitalism and socialism together? They both makes "social democracy" we need to allow business to thrive and create jobs and also tax the rich and uplift the poor like...funding free education and health for poor. NSFAS,SASSA and Social grant are funded by capitalism.
This guy doesn't look well
Mbuyazi, first thing that came to my mind.
Rob Hersov is rich, not intelligent. Without his wealth his views wouldn't count for nothing, he hasn't added anything to the debate between the alternate economic/social systems. Oh, it just had to be Jabu 😂😂😂
Lazy thinkers with hideous opinions on both sides😂
He is too arrogant and stupid 🎉
Inclusivity is capitalism's big problem. South East Asia got the balance right between inclusivity and economic development and inclusivity. Why? Education. If capitalism misses out on education won't last long.