Robust property rights essential for SA’s future prosperity – IRR

Talk of land expropriation without compensation has been a major phenomenon in South Africa’s political landscape in recent years. From the EFF to the ANC’s Jacob Zuma, there seems to be a view that land nationalisation will solve the country’s problems. Of course, this strategy has spectacularly failed in Zimbabwe and Venezuela, so why would it ever work here? As the IRR points out in this post, private property rights are essential to a well-functioning democracy.

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