Business Maverick: Free Market Foundation president Leon Louw resigns following organisational fracture

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Bitter, angry, resigned. The founder and president of the Free Market Foundation, Leon Louw, has resigned from the organisation he founded four decades ago, claiming a kangaroo court disciplinary hearing was the last straw.

Leon Louw, who for the past 47 years has been the embodiment of the Free Market Foundation , has left the organisation in disgust after it fractured into two opposing camps.

At the core of the split was a difference of opinion on how to position the organisation strategically – a similar difference in strategy that has afflicted other liberal organisations in the wake of the decline in the popularity of the ANC – with one side advocating an explicitly political position and the other favouring political neutrality.

For the other side of the split, Louw’s views are outdated and rooted in a different era, and they want the organisation to be more specific and direct in its criticism of the government’s actions, spurred by an increasingly dire political situation and low economic growth. Members argue that fundamentally, the values of the organisation have not changed.

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