From: wernerhetzner@gmail.com   
      
   In South Africa, racial state policy in the post-apartheid era has led to a   
   vicious cycle of policy begetting wealth-destruction, leading to political   
   dissatisfaction, generating demands by politically connected groups for more   
   draconian racial policy,    
   and so on.   
      
   By reducing overall returns on capital while raising regime uncertainty, BEE   
   increases investment risk and lowers levels of investment.1 Since productivity   
   is a function of the depth and breadth of the capital structure, lower levels   
   of quality capital    
   investment (higher levels of consumption) under a BEE regime lead to further   
   reductions in productivity.   
      
   Weak Economic Growth   
   Essentially, BEE results in capital misallocation and capital consumption and   
   redistributes wealth from voluntarily-determined to politically-determined   
   wealth-possessors. This process reduces the productive capacity of the economy   
   and slows the rate of    
   creation of valued goods and services.   
   https://www.zerohedge.com/geopolitical/south-africas-race-based-socialism   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)