Pamphlet 21 Free Market the origins;
Human Dictate philosophy is that the Free Market, parading as the Global Market, is evil, and unless it is removed, and returned to Mercantilism Economy, opportunity though Agriculture and Manufacturing is impossible.
The “Republic of South Africa Constitution Act, 110 of 1983”, sets in motion the demise of our economy?
On September 03, 1984, P.W. Botha, becomes South Africa’s First Executive State President, presiding over the TriCameral Parliament, now including Indians and Coloureds.
On September 03, 1984, the first petrol bomb attack takes place in the Vaal Triangle, and ten years of ‘Black on Black violence’ follows.
By the time we open our eyes, the manufacturing industry has disappeared, like most of my human brothers, I assumed that the whites were fleeing the country, fearing what would happen when the ‘blacks’ take over.
The Free Market system originates in the early 1980s, South Africa’s new political structure would be responsible for the move into the Free Market from 1984.
A few days back, I venture into Twitter briefly, and I am attracted to a tweet that reflects the Rand / Dollar historical change rates, and it questions everything I have written before, it questions the honesty of my writings, and it questions the honesty of every person that considers themselves, a slight bit more educated than me, a slight bit more intelligent than me.
My first port of call is one of my many sons, and my question is “Who sets the exchange rate, and why do we have no control over the exchange rate.”
The question results in a heated discussion over the concept, that our politics causes the value of the Rand to decrease, my comment that the exchange rate was the most stable from 2008, when Jacob Zuma becomes President of the ANC, and then the Country in 2009.
This answer causes me to analyse the Rand exchange versus the Political issues, and I discover that Politics can’t have the influence that it is credited with, and brief comment is as follows:
1976 Soweto riots, does not affect the Rand.
1990 Mandela freed –
rate moves from R 2,59 to R 3,55 by 1994.
1994 rate moves from R 3,55 to R 6,12 by 1999, during the President Mandela term
1999 rate moves from R 6,12 to R 8,26 by 2008, during the President Mbeki’s two terms
2009 rate improves from R 8,42 in 2008, to R 8,20 by 2012 during the President Zuma’s first term.
Let us have a look at one important political date, 1983, the new constitution, bringing us the Executive State President and TriCameral Parliament in 1984, and the introduction of the Free Market system, and we note, that from 1983 to 1985, the ZAR / USD exchange rate has the first major leap, over two years our ZAR looses 50% of its value, moving from R 1,12 to R 2,24 to the USD.
Cedric de la Harpe
Cedric is available to consult with all interested structures and communities, please email him of safari@tasteofafric.co.za
For the individual who would like to experience the basis of the knowledge that has become his Human Dictate philosophy, please join us for a visit to Soweto or Alexandra; where you will get greater understanding and get closer to the Human Dictate.
Cedric and Nettie de la Harpe