MBALI NTULI: Business needs to lead the regeneration of an ethical and dynamic state

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The private sector is at the core of our economy and we need to ensure that it functions well and is profitable while helping all stakeholders

We live in an age where we seem to conceptualise the South African economy as this broadly abstract Keynesian paradigm which is separate from the lived reality of our existence.

Our government, to a degree, has the power to regulate the interactions we have in our economy through policy instruments to be fair and equitable, to prevent anticompetitive monopolies and to ensure the system of economics it enables supports the wellbeing of our population. It is an ethical and moral dilemma which can only be addressed by approaching the economic question through the lens of a renewed human empathy and decency.

We need to own the discussion about how SA turns the quest for profit, wealth and prosperity into a path that benefits all of our citizens. Only profitable companies are viable. Only profitable companies pay good salaries that generate the personal and corporate taxes the state needs. We need to own the discussion about how SA turns the quest for profit, wealth and prosperity into a path that benefits all of our citizens.

 

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