Reform councillor who said Nigerians should be 'melted down and used to fill in potholes' guilty of sending grossly offensive message https://t.co/peMmvCzgIm
How are racial wealth and income inequality affected by age demographics? It would also be interesting to understand the effects of white emigration on those metrics — younger people are more prone to emigrate, leaving an older population behind with more work experience, savings, property, etc.
Also, many young white South Africans leave the country, and when they come back with savings in a stronger currency, racial wealth inequality could increase. I suspect that if this happens on a large enough scale, it will form a spiral where inequality keeps rising and policies to “correct” it become ever more draconian.
Would be interesting to understand the exact impact. Maybe the scale of this is negligible?
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@dayyborr The @FMFSouthAfrica had a report on part of this last year. Needless to say plenty of potential is wasted on BEE:
South Africa losing R4.8 trillion to BEE and similar policies – Newsday https://t.co/AGUZCy9uP1
@Genocide_Desire That would be an extremely difficult question to answer. Would need an I/O table of every firm along with an ethnic ownership variable. My guess would be that it going to be largely a function of how diverse the areas where anglos live are. KZN prob very internal. JHB, no.
@yusuf_cape Ill have to do some more serious reading into it, but my intuition is that AGI would essentially level the skills gap between countries in applicable domains. Could be very good considering that human capital disparities are arguably biggest problem for SA. Just a guess for now.