The Big Debate S12E09 -Wealth and Inequality

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The Big Debate S12E09 -Wealth and Inequality

Рет қаралды 14,795

Күн бұрын

For 150 years South Africa has built its wealth on mining. Trillions of dollars of gold, diamonds, platinum and coal have been extracted from beneath our soil.
Directly or indirectly, all our billionaires owe their fortunes to this history. Our city skylines, our banks, our whole economy, built on the back of mining wealth.
But what about the workers? And their families.
How can it be after a century and a half of wealth creation AND 30 years of democracy, South Africa is still the most unequal country in the world. With more than half our population in poverty, and 1 in 4 children going hungry or stunted?
Where has the wealth gone? AND why isn't more of it being reinvested in a better life for all?
On today’s show, we look at 2 industries which generate both wealth AND poverty. That’s mining and finance.
And we ask: How can we reverse 150 years of super-exploitation?

Пікірлер: 71

@TheHonestTruth369 Ай бұрын

Reminds of the book 'Amusing ourselves to death', very entertaining to watch them talk, even the way it's presented is entertaining, each speaker given a certain amount of time to give a nice word then we move on to the next, we're amusing ourselves to death alright. In the end nothing will be done, no revolt against this corrupt world, the ones at the top shall stay there because we are too cowardly to fight back, too comfortable to fight back, even if we do rise our own people will stab us in the back to get ahead, in the end human greed will destroy this realm.

@just2view874 Ай бұрын

Sounds interesting, I'm gonna check it out

@blackmoney3333 Ай бұрын

I dont know if iv heard anyone say it better

@IndependenceCoach Ай бұрын

It's also funny that its called a debate even though they are all in agreement

@TheHonestTruth369 Ай бұрын

Didn't even think about that, indeed. They're all in agreement about the problem but fudge all is being done to fix it, i think that why they call it a debate, just to talk but not take action, blow hot air basically. This country could have been marvelous, unfortunately we'll never see that reality.

@isaaccpt6643 Ай бұрын

This is so encouraging! Seeing South Africans united against this problem. We have a crisis as big as Apartheid and colonialism on our hands and we need to come together to solve it and we need to hold the higher ups to account. But this is important pur people need to know exactly how theyve been wronged and educated on these matters. Keep up the great work!

@sabathaboyana9742 Ай бұрын

I have to say this is my favourite episode thus far.The panel is sharp, eloquent and have progressive perspectives.The audience is filled with real people,the so-called "ordinary people".Of course Thembekile is spectacular.👌

@kulanikvaloyi8138 Ай бұрын

You guys will remember julius... keep on voting ANC

@icno123 Ай бұрын

Hmmm yeahhh… VBS thief haha

@kulanikvaloyi8138 Ай бұрын

@@icno123 this has been going on for while, there is no case to answers. Still rumors! Unlike phalaphala

@SuperKopano Ай бұрын

EFF fighting for this but people are sleeping

@icno123 Ай бұрын

VBS 🤔 malema shivambu thiefes🤣

@SuperKopano Ай бұрын

@@icno123 whats thiefes?

@motso_king5470 Ай бұрын

Please have a show addressing this new R200 electricity service fee 🙏

@marypoorteman6299 Ай бұрын

Give Dale 🥃 , love his way of talking, facts and on the ground 🙌🏽

@katenkosi1389 Ай бұрын

The people of South Africa should lean from Kenya and the stood up and went to the street to show government of confusion monopoly capitalism policymakers that what they need and how long it's going to take the government listened to their needs and Cyril he is comfortable about what's going heppening about black people and Cyril his white inside and black outside and nothing he can do about it

@mogamatyusufmartin9171 Ай бұрын

We should stand up yes also like we did in 2017 against Jacob Zuma

@TheHonestTruth369 Ай бұрын

How do you unite a people divided?

@Motswako Ай бұрын

Kenya se voet, we did that in 1976. Kenya copied from South Africa

@icno123 Ай бұрын

Its funny they say we need politicians to stop being in business yet they vote for leftists socialist communist parties haah herman is the only common sense guy in the panel haha

@redeye20020 Ай бұрын

Ouu, listening to that women recounting the marikana massacre was deeply heartwrenching. The voices of the people of marikana ought to be amplified. #rememberMarikana

@lindokuhlechoppa3153 Ай бұрын

Very Very needed episode

@mpilompanza9101 Ай бұрын

😢😢😢😢 asiyindawo la😢 and the regulations still make it difficult to do mining in SA that's why you get Zama-Zama as well as corruption

@user-rt2wn3te2q Ай бұрын

Thank you for the information

@Bobbejaan329 Ай бұрын

A luta continue. The struggle continues against capitalism

@Angeloflight7 Ай бұрын

Do u want communism?

@wandiledlamini4916 Ай бұрын

@@Angeloflight7socialism is a system that hasn't been allowed to thrive because of sanctions and military coups by the US or Nato countries

@icno123 Ай бұрын

@@wandiledlamini4916🤣🤣🤣🤣

@icno123 Ай бұрын

@@wandiledlamini4916You a joke haha that’s why i hoped the EFF or MK would be in government i would watch SA crumble because of socialist communist policies with a smile on my face 🤣💀

@wandiledlamini4916 Ай бұрын

@@icno123 it's true

@mthokozisimgabi1005 Ай бұрын

These guys are brilliant, they should all join MK Party.

@devastatedhomo_sapiens4330 Ай бұрын

Not MK my guy... in my personal perspective I think that MK is more focused on Zulu people not the entire country. I acknowledge that many of our people are skeptical about EFF policies however they're the only party that is fighting this kind of obstacles based on the context that is outlined here

@pikesswartbooi7911 Ай бұрын

I want Alexander Forbes, Liberty Life to be exposed for withholding people,s money.

@obySedgefieldgemofourgardenrou Ай бұрын

Our people will and do abuse anything and everything, example set by our leaders.

@siZobonaMakeza Ай бұрын

This doesn’t need radical revolutionary dictatorships. Just going back to our basic Bantu roots and selecting leaders based on universal moral principles and righteous, truly honourable servant leadership. This we will find in the smaller “boring parties” like OHM, ATM, #H4SA and others like these. We really need to begin seeing that this suffering stems from our inability to choose what is good for us over what makes us feel good.

@LeeXtremist Ай бұрын

Those who are on the ground have a voice but their worth is undermined (pun not intended) by international captialistic interests. When such history is discussed and enacted there are no laymen sitting at the table and after legislation is signed and authorised as Law, people come back to the table with complaints then the cycle initiates and perpetuates without stopping. Political sponsors are vested in, policies that meet those Investors agenda's interests are voted in and so forth & so on. How can we own our rights over the interest of privately owned corporation ventures? It's like an engine design being refined without ever stopping the vehice of change. The conversations cannot wholesomely factor people in because the slave mill eats lives and craps profits, it may seem evil but it is business. Workers are factored in After profits are reaped. When workers arrive the Owner's table is already fat with bulbous servitude. The workers will be paid...as the owner sees fit. The worker work aimlessly and the profits aren't evenly shared, where legislation intervenes is to ensure that privateers commence with the raping of Africa for her minerals instead of giving dominion to the people for her sacrifices. Marikana is a cry of the vox populi, but it is an instance of what happens when fat governments lay waste to the custody their people assign to them. To change such what we will need is very thing the governement denies us, that is something they oweto us without having to think about it. THEY KNOW WHAT IT IS.

@highscentsfragrances8932 Ай бұрын

How does one get to attend this show live?

@ChristinaMatila-ot2ld Ай бұрын

Mark my words as long as Stellenbosch mafia white monopoly capitalist is still indirectly in charge of our country things will never be right Ramaphosa is groomed to keep the country as is

@mekonenmenghistuab4042 Ай бұрын

That truly allows laws to protect your benefits

@user-ix2ox4fm9d Ай бұрын

I have lived in two countries and there's always going to be poor people has been and will be for time immemorial it's what you do with the money that counts.

@user-xv8yn7cs2l Ай бұрын

I am not a rich man. I believe that mining companies put a lot of money in these mines. These monies come from somewhere, it's savings and pensions. You find up and coming, upwardly mobile youth and adult in SA, largely of African descent would rather spend their money on German cars. So why should mining companies who sink their own money, money they could spend in Germany cars, be held responsible for some social problems. I stay in a township and I am black, but I totally disagree that mining companies should be scapegoated here. What am I doing with my money. I spent it on instant gratification things such as alcohol,

@KamCoder Ай бұрын

I see a comparison of apples and bananas here

@mmusi8599 Ай бұрын

I'm not sure if you listened from beginning to end on why these mining companies should be regulated. I also don't understand your comparison of youth and adults who spend their money on cars, and mining companies who loot the country's wealth.

@jabulanismith Ай бұрын

Point taken and valid. There is more to this than mere alcohol. These mines create environmental hazard in the surrounding areas and harm the locals. To add, they don't invest in local communities. The people who buy German cars do so because our government created trade deals so that we will never manufacture cars of our own so which cars are they going to buy?

@philazondi-hk3vl Ай бұрын

Everyone is scare to mention Cyril Ramaphosa here 😂😂😂😂. They keep on going around his name but not directly to him. Ramaphosa may step down and focus on his business and allow South Africa to be run free and fair. This country 🇿🇦 is rich and it can not be run by only 3 families. No No No

@yonelagebengu844 Ай бұрын

Give yourself time and watch the whole Debate, you will hear the presidents name more than 3 times being mentioned, otherwise you're right with your point of view regarding the matter.

@chumarooi2066 Ай бұрын

They did maybe you should listen attentively

@TheHonestTruth369 Ай бұрын

How do we rise, everyone just talks, we know the problem, we've can discuss it ad nauseam, how do we rise, when do we start?

@edwardsmall8865 Ай бұрын

This is more like having book studies at school.

@TheHonestTruth369 Ай бұрын

Get you. This discussion is very much pointless though, i would like to be proven wrong but i know nothing will be done to obliterate the evil in this world, this just helps mollify us by providing an illusion that something is being done.

@heldinahtmlhell Ай бұрын

Accept your average IQ is around 70 and everything modern, civilised and progressive built in your country was done so by Europeans and foreigners.

@BusinessGenetics Ай бұрын

Salaries regulations. Compare salaries of developed countries and compare back home.

@reginaldgeorge3291 Ай бұрын

😮...commonsense we have the worst legeslation ,just look around at the state of the country 🇿🇦 and poverty.

@zenzocliffordhlazo6122 Ай бұрын

Isnt this what the EFF has been saying all along ? 🤷🏿‍♂️ So basically people are disagreeing with the EFF not because of its policy but petty reasons ?

@MalokaJohan Ай бұрын

you cant say trillions of dollars, we dont have such amounts in south africa.

@gatshenindlovu8224 Ай бұрын

You lack listening skills. Trillion dollars of Gold and diamond.

@MalokaJohan Ай бұрын

@@gatshenindlovu8224dont deny reality by relying on speculative analysis,it is futile to talk about potential value of rocks which are still to be extracted.stop being delutional.

@wandiledlamini4916 Ай бұрын

@@MalokaJohanWe have $2 trillion worth of natural resources

@obySedgefieldgemofourgardenrou Ай бұрын

Isnt juju professing to belong to lemba which originated along east africa,Ethiopia

@MainManGood Ай бұрын

Why black people see that Nelson Mandela is a sell out