THE PENUEL SHOW WITH DAVID ANSARA 00:00 - INTRO 00:10 - Family lineage 03:55 - Biography, Education 19:00 - Delayed/Instant gratification 26:15 - Studying political sciences 32:40 - Institute of Race Relations 45:25 - Free Market Foundation 47:20 - Capitalism, Freedom scores 56:55 - Capitalism explained 1:03:55 - Communism & Socialism explained 1:08:40 - Countries to learn from 1:16:55 - Was the Apartheid Gov. better 1:21:10 - Concept of State Proofing 1:24:30 - Tax Avoidance 1:27:05 - Limiting support to Gov. institutions 1:30:35 - Private sector support to Gov. 1:34:20 - Government's red tape on our economy 1:37:44 - Engineered social/economic problems 1:42:00 - Community work 1:47:00 - Alternative conflict resolution 1:48:53 - 2024 Elections 1:54:50 - Closing comments 1:59:15 - ENDS ua-cam.com/video/MEafong9G6c/v-deo.html
Excellent content as usual GodPen, informative content and we'll delivered by the guest...nice clarifying questions from you. The video chapters is definitely a goat move. Thank a lot Pen.
As an avid listener of Penuel over the past year I decided to open a tutoring channel (Grade 12) to both educate the South African Youth and walk the talk, this is my way of bettering South Africa
Almost forgot how 'nerdy' you can get Penuel but thank you for such content, it would at least take someone 4 - 5 years of learning and studying to grasp some of these concepts and even at that it would still only be at a basic level but here you are bringing all of that in under 2 hours. THANK YOU!!!
To everyone who was on leave and who officially start work today... I hope you enjoyed your leave and festive season. And I hope you're psyched for the year ahead. To all parents taking their kids to big school on Wednesday... please enjoy & don't get to emo. Shoutout to David Ansara for this episode... let's get it! 🔥🔥🔥🔥
I used to be teacher at GENERAL SMUTS HIGH SCHOOL last year, before I transferred to FREE STATE CORNELIA a small town which most GAUTENG users past by when they go NEWCASTLE
I've been following Penuel Lungelo Mlotshwa for the past 3year , guys I'm telling you he's growing daily and I believe that his gonna impact the whole world . This sitting[ the penuel show] is gonna be number in this continent.
Excellent, as always Penuel, thanku. AND thanku also for allowing your guests to speak whilst you listen intently and ask relevant questions to open up the topic for uour listeners. I really hope to be privileged to hear your 'debate' with David.
Awesome interview, I should admit that I’m biased coz I’m a capitalist as well but it was awesome to hear the deep knowledge of Ansara & learn more about his background.
Pen I think not having an open discussion/debate around capitalism with David is a missed opportunity here. One of advantages of podcasts is that you can allow the conversation to progress naturally. Trying restrict/postpone that conversation broke the natural flow of the dialogue and gave this episode a contrived feel to it. Don't be scared on engage on the hard questions with your guest.
I have a way of dealing with guests in a sustainable manner... I was meeting David for the first time & didn't want to be hostile. I also am always wary of the audience & future potential guests who will be put off from visiting if I'm too confrontational to other guests. David had a good time, he got to school me & us, we met up... and now I have licence to grill him when he visits again, knowing that I'm not a hostile host. We have to do things strategically, especially when it comes to human beings. I think it's one of the things that works for me. I may get criticized, but I'm fine with that. I get to build sustainable & genuine relationships, and not just debate for reactions & views. I hope that makes sense.
@@Penuelism I don't see vigorous debate as 'hostility' if we are both engaged in a truth-seeking exercise. I thought your questions were excellent. Your show, your style. I would be happy to come on again in future to be grilled on the benefits of free market capitalism. It's my favourite topic!
@DavidAnsara Thank you very much, sir. Unfortunately not all guests are welcoming of debates, especially in the first encounter... so I try to tread carefully before requesting a verbal duel. Since you're happy to engage, we must make it happen soon! 😊
@@Penuelism I admire your style and do carry on using it. We're shouldn't be quick to assume that all of us subscribe to this modern objective rational style of thinking only to end up being accused of being hostile.
@godpenuel , I completely understand and it makes perfect sense. I want to clarify that, despite my earlier comment, I genuinely enjoyed the conversation. It was very insightful. It's just that I believe the topic of capitalism, especially in the political and economic contexts of South Africa, is fascinating. It would have greatly benefited the audience to hear both your perspective and David's. I'm really happy that you brought David on the pod, as I've been following his work since his time at the Centre For Risk Analysis (CRA). I hope you can invite him back to delve deeper into this conversation.
00:09 David Ansara's Lebanese heritage and family origins 02:16 South Africa is a diverse place with a rich history of settlement from various countries. 06:59 Discussion about the historical backdrop of South Africa and the impact on the community. 09:10 The great promise of 1994 has not turned out well for many people due to poor policy choices and socialist ideologies. 13:53 India's experience of democracy post-colonization 16:28 Indira Gandhi's imposition of a state of emergency and subsequent loss in the snap election 20:20 Building something bigger than oneself 22:23 Work ethic and self-reliance as key to prosperity. 26:37 Understanding the mechanisms for human flourishing and freedom. 28:40 Penuel's intellectual struggles with political changes 32:43 Studying fine arts and history has shaped influential leaders and their ideas 34:34 The Institute for Race Relations is the oldest non-governmental organization in Africa. 39:05 Politicians often take credit for things they haven't done 40:56 Promoting winning mentality in South Africa and the impact of racial quotas in rugby. 44:53 Capitalism is the great driver of human prosperity 46:53 Capitalist societies produce innovation to solve problems 51:23 GDP per capita is $1,700 in unfree countries and $14,000 in free countries. 53:29 Communist and socialist conceptions concentrate power in the hands of a few people. 58:01 Classical liberalism advocates for small state and individual freedom. 1:00:14 The state's role in protecting people's rights and the potential for abuse of power 1:04:58 Socialist regimes lead to dictatorship and decline in quality of life. 1:07:10 Economic disparities between socialist and free societies. 1:11:39 Communist China's impact on its people 1:13:47 Embracing International free market capitalism 1:18:20 Losing control of the state apparatus can lead to rights violations and cultural suppression. 1:20:25 Africa's historical development and the challenge of dealing with the current government. 1:24:02 Advocating for tax avoidance and offshore business within legal boundaries. 1:25:49 Minimizing tax exposure is good economic sense and a moral duty. 1:29:45 Big businesses should stop supporting government. 1:31:37 Private sector holds power and needs to demand policy concessions from the government. 1:35:41 Investors seek return on investment 1:37:35 Private sector's role in economic development 1:41:40 Promoting community service and accountability for political representatives. 1:43:34 Empowering through small actions 1:47:33 The need for alternative conflict resolution and tax avoidance as a legal strategy 1:49:29 Importance of civic participation in voting 1:53:15 Embracing radical self-ownership for personal responsibility and empowerment 1:55:21 The Kyam project has transferred 10,000 title deeds to rightful owners. 1:58:58 Debating the role of individuals and government in capitalism
I'm glad I happened upon this very interesting interview & very impressed by both gentlemen. I too am Lebanese but take my heritage a lot more seriously as both my parents were from Lebanon. Many Lebanese are very successful in S A & many of us fought for the abolishment of apartheid & worked incognito with leaders of the ANC. Today our focus is on the Palestinian genocide.
Pen dont hold back on the tough questions.... we sometimes want to understand a person political orientation to help see how they draw thier conclusions very important
You always hear the term balance of power branded about. In a capitalist system like SA's, power resides with capital but when the overwhelming majority of the public are poor, power is exersised by a deversified minority.
If the west believes so much in capitalism and fair competition of ideas and letting the market decide, then it stands to reason that allowing Venezuela to freely trade in their oil within international trading rules of course should pose no challenge and there should be no artificial stumbling blocks placed of Venezuela's path because the west clearly has a superior system.
Thank you Penuel for this conversation. On Jan Smuts: It is intriguing that you mentioned his name and acknowledged his complexity and significance in South African history. Indeed, Jan Smuts remains a figure of considerable nuance, evoking both admiration and criticism. In my own collection, I possess some of Smuts' speeches and correspondence from the pre-1910 British-Dutch union era, offering a glimpse into his multifaceted persona. There exists a certain parallelism between Smuts and Thabo Mbeki, as noted by Richard Steyn in his biography of Jan Smuts, which might intrigue your audience, Penuel. Penuel astutely highlights Smuts' ambivalence and the challenges he (Jan) faced within the Afrikaner community, particularly regarding his alignment with the British colonial worldview. Smuts' views on race, particularly his perspective on the "Native," are indeed troubling, reflecting the prevalent racial attitudes of his era. His vision of a unified South Africa under white leadership, while ambitious, was inherently flawed and destined for failure, given the deeply entrenched divisions within the country. The rift within the Afrikaner community, symbolized by the breakaway factions opposed to British dominance in the 1910 union, played a significant role in shaping subsequent activism, including the emergence of the Institute for Race Relations in South Africa. While its roots trace back to 1929, the institute's research became particularly pertinent following the ascent of the National Party to power in 1948. Prior to this, it operated as a liberal advocacy group, amplifying the voices of educated Black elites and public intellectuals who advocated for the interests of the majority. However, it is crucial to acknowledge the evolution of the Institute for Race Relations over time. While it may have begun as a beacon of truth and advocacy, its current incarnation reflects a departure from its original mission. Today, the institute appears to have transformed into a political instrument wielded by the opposition party, exerting influence in the South African political landscape. This shift underscores the complex interplay between research institutions and partisan politics in shaping public discourse and policy agendas. I will not get to the discussion about capitalism. Suffice to say; the guest was engaging with another capitalist thinking brother. The assumptions that are uttered are not worth one's attention at the moment. Thanks for the great conversation gentlemen.
A better example of the pie analogy: People have this assumption that there is one pie, and all we have to decide is how to divide the slices of the pie. But under a free market economy, you open a bakery, and bake as many pies as you want to.
@@lehlagaremogadime7494 Yes, that is called corruption, and if the law allows this, the law is unjust; And when injustice becomes law, resistance becomes duty.
Social freedom state came at a cost of the natives who fought for it, now priviledge speaks without lived experience and reparation for the still poor and marginalized, Aluta✊🏼
There is a lot to argue in what David is presenting for capitalism. I am procapitalism myself but with some statist power. The example on the opening market to other players so to improve pricing can also be problematic as players can collude or even price fix
I have asked myself exactly that question, why people flee countries like those in North Africa, or Cuba, or North Korea etc but I think I came to different conclusions than yours sir. Of course it is partly due to the terrible living conditions in their home countries and it really differs case by case but I also noticed an unseen hand and sometimes a subtle hand closing doors so that some of these countries couldn't leverage their resource because they were interfered with and manipulated
I read Anthea Jeffery's Book(People's War). I read in the book that the ANC was targeting blacks with a RPG(Rocket Propelled Grenades).....I could not believe this.
Panuel you make a good point about being given opportunity "quotas" Big statement when you say if you don't agree you racist. A talented guy in the EC may not make it in Rugby, cause on a basic level he does not have the same resources as our white counterparts e.g Grass at school or rugby boots. Siya had to worry about what he is going to eat, how do we expect him to perform at his highest potential if he is hungry. We expect him to perform on merit mara how does he compete if he is at a disadvantaged just on nutrition. If we are to be judged on merit then give us a level playing field. Lets have the same resources then by all means lets be judged on merit.
The importance of DELAYED GRATIFICATION... The Buddha statue took 800yrs to build. China has 500yr plans. Is there any work in your life, that is part of a 100yr, 500yr or 1000yr plan to add value to humanity as a whole? Do you know how to plant the seeds of trees whose shade & fruit you'll never get to enjoy?
I have a two billion year plan. 😆😆😆My plan envisions humans surviving the death of our planet and sun, it is estimated that a few billion years from today our sun will expand as it consumes some nuclear stuff and this nuclear stuff will cause it to expand and devour Mercury, Venus, Earth, and Mars. So my plan to save humanity is to build a mini planetoid type of a space ship to send a few men and women and thousands of human embroys two some solar system somewhere, of course these people in this spacee ship will have to make babies throughout the thousands of years of travel in empty interstellar space, and thrhoughout the journey, the children wil be left on different habitable planets to further the survival of our species. Maybe I am crazy, maybe I am trying to impress you, or I am bored because I am unemployed, or I am all of the above. But it is my plan to build an interatellar type of transport. Imagine a broke black boy trying to build an interstellar transport. I only have ten bucks in my pockets, and I want to build a trillion dollar technology. I myself question my sanity everyday, but I will try to build this vehicle within my lifetime
Thanks for an interesting conversation again Penuel. David Ansara is an intelligent young man but his free market ideological fundamentalism doesn't fully capture the approach that is required to ensure inclusive growth in our country. I also admit that the extremely state centric posture of Communism will also not deliver on this. Yes, we need free enterprise for the economy to grow but the historical fault line of exclusion is still very present in our society and the democratic state needs to intervene wherever this rears its ugly head hence we have entities like the Competition Commission. Yes, we generally have an inefficient state that has pockets of excellence e.g. Competition Commission, National Treasury etc and this require urgent attention. Only South Africans from privileged backgrounds see a pure market economy as perfect, unfortunately that is not our collective historical reality. We should not be ahistorical when discussing relationships between the individual, broader society and the state. A democratic state must intervene to regulate and facilitate processes towards shared development benefits including in the economic realm, especially with the exclusive history of RSA.
On the issue of private property rights. The state needs to correct the land act of 1913. Unfortunately we can't just ignore the injustices of the land act which ignored property rights when it suited a certain minority. The same minority now wants to advocate for private property rights cause it suites them. Where were those rights in the land act of 1913. Its a double standard. On the Statement of South Korea, If you look at how they managed to increase economic growth. They used the state i.e changed the laws to fix the issue of Chaebols i.e we need to also make sure that Corporate South Africa is accountable in the growth of the country. Stupid example. Why can't JSE corporate adopt a township or rural school and make sure they have grass or make sure that school is at the same level at St Peters.
I’m not sure that Capitalism is the problem. The problem is GREED. We probably need a mix of a free market economy with some social responsibility. People need a hand UP not just a hand OUT. I just wish that black South Africans would stop thinking that the whites don’t care about poverty or the problems in our country. We love this country too and want to see EVERYONE living happy healthy lives. Please stop being so negative and cynical.
Great comment. Africans also understand that some white South Africans also hate poverty. The problem starts when some whites want to rubbish the lived experiences of black people. And by the way this system isn't sustainable, we have seen it for the past 30 years, it opens the door for corruption, maladministration, and incompetence.
I agree fully with your sentiments, especially the need for a free market economy with some social responsibility. Poverty can be a real trap but for many people a lucky break or an opportunity is all that they need to flourish. Some hope. And yes, there are many white peoples who care. Personally I find it totally heartbreaking to see how people live in squatter camps and to watch those people who have chosen not to live a life of crime and haul rubbish on carts just to survive.
Penuel is a brilliant host and one of the great thinkers we have in South Africa. I always look forward to his Monday show, but I'll have to skip this one. This guest is too detached from the daily struggles of ordinary South Africans. He speaks from a position of privilege, and you should have challenged him when they placed doubt on the existence of a third hand in the political violence that took place in the 80s and 90s. This reinforces my views on most YT South Africans. I feel they are too comfortable wrapped up in their privileged bubble to care enough about the real struggles of our nation.
I've invited him maybe 5 times, with no luck. He probably has his reasons coz he did commit at some point, then never followed through. Maybe he'll visit at some point. For now, you can check him out on King David Mashabela's podcast.
Capitalism doesn't like a functional state, able to discharge it basic duty of providing public goods...put differently an incapable and weak state is good for capitalism...
Who produce public goods to begin with? The people's labour of cause. And who hire the people's labour? The free market. And who create the free? Buyers and sellers. So the state can never be functional without capable individuals who produce.
A wise man once said we don't care about titles weather Capitalism, Marxism or socialism as long as the cat can catch the mice #🔥Ankh cross forever,#🔥 Ubuntu/Isintu Principles forever #🔥 Isintu Ancestor worshipping 🇿🇦 forever 🔥 Down 👎with Roman-Dutch 👎 Law👎 , Phambile with Isintu Law 🔥🇿🇦
Cha angikufuni ukungasho, lensizwa bengithi iza kahle. Hhai mangiqhubeka ngiyilalela hhai kuyasho ukuthi ikuloluhlangothi who are beneficiaries of the apartheid system. Uhulumeni has the power, and has the responsibility to bring change to its people. Lelanguage yalo mfo yokuthi asizenzele does not apply kithi esingakaze sibe nalutho. Kuye kulula because he was born with the silver spoon in his mouth. Ukuhlupheka akakwazi😢
Now China is a curious case study. You correctly highlight their past troubles but you fail to highlight their very current success to the degree that their are on the path to become the world's largest economy. You also highlight Switzerland as a success but fail to highlight their problems. Everyone knows they are a tax haven amongst other things. I have my biases but I recognize that you have your own as well. If you are educating people, show them to positive of any system to teach them but also make them aware of the short comings to the extent that you are aware of them
So what was the point of this "conversation"? Absence of coercion? CUTE! The giant logical leaps and ascribing causal powers to things that have nothing to do with one another are just astounding. The laundry job that eventually leads to Capitalism = Freedom, and goes on unchallenged is rather strange. All the countries that were given as examples have a great state involvement in very many ways. The fact that you do not know who the president of Switzerland is does not mean there isn't a great deal of government involvement and social security, there. Singapore, same...UAE, same. The fact that the state/goverment is failing in keeping to its commitment does not immediately lead to "let the free market reign".
We can talk all the fancy schmancy lawdy dawh, but 1.capitalism is owned by the 1%. 2. It requires that 89% of the population be denied upward mobility. 3. It doesnt survive when communities are strong and self sufficient, then suddenly you find that something closer to marxism is preferred by the citizen. To keep my point clear, all historical cases for capitalism have resulted in the majority of people in abject poverty, strung out on imported substances, and having entire countries with no sense of control of their own future. You can keep that junior school philosophizing for the fools dumb enough not to see beyond the nice suit.
I live in the U.S. This guy is completely coming from the prospective of privilege. He has little to no understanding of the EFFECTS of apartheid or oppression on a people or nation. Those are the talking points of a descendant of an oppressor, to pick yourself up by your bootstraps. If your country were still under apartheid (their control),he wouldn’t be advocating all those things against the government. It’s easy to take responsibility when you’ve been given every advantage in life like he has. His knowledge is basic, the same Western education and training taught before he was born and taught today.
I am curious. You seem to know a great deal about the Ansara family, and I am shocked to hear that we come from a long line of oppressors. Please provide me with of the names of said people as well as examples of their oppression, for my own peace of mind. However as I know of no such people I suspect your comments and judgements that yours is a narrative of victimology, racism and vilification. Logic needs to prevail.; look around. Do all people from the same ethnic group think and behave the same? Clearly not. I support David’s stance towards the government which, through corruption and incompetent governance, have exacerbated poverty and resultant crime. The ANC cannot provide basics like water, electricity, decent education, housing, reasonable healthcare, safety and security and therefore a realisation that sadly it’s up to the individual, has to be reached. The government has proved historically that in 30 years they have not been able to improve the lives of anyone except the greedy new elite who have profited from corruption and graft which has resulted in immense wealth to those individuals to the likes I have never seen and continued poverty to the majority. Clearly poverty is a trap that is extremely difficult to navigate your way out of but it is not impossible. David, as seen in the interview, is very grateful and aware of the privileges that were afforded to him, through his father’s hard work and dedication, (a man who pulled himself up by his bootstraps) which were the building blocks, but it was six years of study, an insatiable desire for knowledge a drive to succeed and a wish to make a difference that have led him to where he is today. You live in the USA. Were you a South African citizen, have you ever visited? Proud of both my sons, David and his brother Christopher, for their achievements, but more importantly for the people they have become. May I suggest that stereotyping and judgements, when one is unaware of all the facts, does not solve anything, and is not solution driven.
Having recently watched the Documentary about Mayor Chris Pappas ( only 32, fluent in isiZulu) of uMngeni Municipality on UA-cam as well as Mac G's Podcast with John Steenhuisen ( also on UA-cam), the DA is by far the most progressive, the most compassionate and the most experienced choice to take SA and the Multi Party Charter forward in 2024!!
Super dumb comment....but I don't think I've ever seen an indain/Muslim on the show Would be nice to see a chat with the family from New castle and how they manage their family business, generational wealth, etc. If they are willing of course
Hopefully in good time, we'll get Indian, Chinese, Nigerian, American, etc guests. In good time. I'm still new here, and also still need to earn my stripes to attract the best minds from different races, genders and nationalities.
Capitalism is important. But this guy talks a bit of rubbish when doing comparissons. Ghana government was overthrown by the US while the South Korean government was propped up by the US. The US even fought a war in the Korean peninsula to defend the South Korean government. Its not just capitalism. The communist Cuba has better life expectancy and education than most capitalist countries. We have to be careful about the single story narrative and one dimension views. We need to be balanced in our approach. This man seems to know a lot about the world, but lacks knowledge of the place where he lives
Capitalism dictates that every aspects of human life and existence is a source of profit and wealth.... Capitalist economies are simply about profit maximization and wealth accumulation everything else is secondary...
exactly, which is why everyone not staying in a capitalist society flocks to the closest one as soon as they can. Why do people want to live in the US, capitalism. Why do people want to get out of the rural areas into the city, capitalism. It's the only system capable of getting self-centered humans (a.k.a. literally everyone) from cooperating productively. It leaves people behind, no doubt, it's not intended to be fair - but history clearly shows that all other types economies need rampant totalitarianism to sustain.
I can't possibly subscribe to Capitalism here in my home country of South Africa, YT South Africans aren't repentant of their injustices to blacks, they refuse to return what they have stolen, they also refuse to acknowledge their ills,injustices and ill gotten gains, the guest today, such a young man, born in 1983,aware that he is addressing a predominantly black audience,utters the fact that he firmly believes the violence between 1984-1994 between blacks, known as black on black violence , is 100% the black mans doing, indicative of how bad the problem we are faced with as a country. Capitalism is unable to to correct itself, it only has one mandate(which has consequences) and that is profit maximization, they don't care about your view, they don't care how you feel, you further have no say as to who is management, how they are elected, and Policy. Capitalism might work well in other parts of the world, it most certainly hasn't in over 350 years here in RSA, for the black majority. Capitalism needs an Adult in the room,he can't go unmonitored around the clock, he's extremely irresponsible, racist to the core, unrepentant, no remorse and recalcitrant, Capitalism needs the state to constantly watch over them, the state is the closest person who has our interests at hand, and the fact that we can do something about influencing policy, electing leader's and removing Dictators, Capitalism has Dictators completely unabated sitting in Exco, and we the public can do absolutely nothing about it. The Private Sector must'nt lecture us on Freedom, they claim Communists are Dictators, how when a Government is democratically elected/removed, we as the public can't elect/remove a CEO/Board etc, they do whatever nonsense things they please, and they want to call Marxism Authoritarian, we as South Africans know who is more authoritarian than who. I subscribe to Keynesian Economics by the way, as when things go wrong, we need someone to step in, that we selected, that we the public are comfortable with, the state is the only mechanism which affords this platform to us,as the people. I can never commend the Private Sector and their ill gotten wealth, for us to point out the skills monopoly they have and their large project delivery capacity, without pointing out how they got to that point would be disingenuous. This episode was nothing short of heart breaking as a black South African, but a stark reminder of what the black majority has been putting up with, hence our strong push/reinforcement of state intervention.
Nice interview some valid smart points raised by David, but i was struggling listening to him as I kept thinking of content from Jordan Peterson, id like to see his personality more "David Ansara" not someone else.
Problem is, if u stop .any of the socialist policies in SA many citizens will suffer. Also the policy he advocatesfor is limited in terms of support and should it be adopted only one race group will continue to dominate coz lets remember who already hasthe resources in this country,
THE PENUEL SHOW WITH DAVID ANSARA
00:00 - INTRO
00:10 - Family lineage
03:55 - Biography, Education
19:00 - Delayed/Instant gratification
26:15 - Studying political sciences
32:40 - Institute of Race Relations
45:25 - Free Market Foundation
47:20 - Capitalism, Freedom scores
56:55 - Capitalism explained
1:03:55 - Communism & Socialism explained
1:08:40 - Countries to learn from
1:16:55 - Was the Apartheid Gov. better
1:21:10 - Concept of State Proofing
1:24:30 - Tax Avoidance
1:27:05 - Limiting support to Gov. institutions
1:30:35 - Private sector support to Gov.
1:34:20 - Government's red tape on our economy
1:37:44 - Engineered social/economic problems
1:42:00 - Community work
1:47:00 - Alternative conflict resolution
1:48:53 - 2024 Elections
1:54:50 - Closing comments
1:59:15 - ENDS
ua-cam.com/video/MEafong9G6c/v-deo.html
Excellent content as usual GodPen, informative content and we'll delivered by the guest...nice clarifying questions from you. The video chapters is definitely a goat move. Thank a lot Pen.
Hey Pen could you please invite scientists to your show?
As an avid listener of Penuel over the past year I decided to open a tutoring channel (Grade 12) to both educate the South African Youth and walk the talk, this is my way of bettering South Africa
This is really brilliant... congratulations, and thank you for doing your bit to advance this nation. 🙏🏽❤️
@@Penuelism thank you
You can make videos while doing it and post
@@Zimboprenuer I actually have a UA-cam channel yah, aiming to grow
👏👏👏
Almost forgot how 'nerdy' you can get Penuel but thank you for such content, it would at least take someone 4 - 5 years of learning and studying to grasp some of these concepts and even at that it would still only be at a basic level but here you are bringing all of that in under 2 hours. THANK YOU!!!
Really enjoyed your debate Thank You.
Can this gentleman come back❤️ he has a truckload of information. I learnt a lot from this episode ❤ much appreciated 🙏🙏🙏
Dope conversation ❤ thank you gentlemen
To everyone who was on leave and who officially start work today... I hope you enjoyed your leave and festive season. And I hope you're psyched for the year ahead.
To all parents taking their kids to big school on Wednesday... please enjoy & don't get to emo.
Shoutout to David Ansara for this episode... let's get it! 🔥🔥🔥🔥
Thank you for asking Mr P I really had a fantastic leave and I hope you too you did enjoy yours too Mr P
I used to be teacher at GENERAL SMUTS HIGH SCHOOL last year, before I transferred to FREE STATE CORNELIA a small town which most GAUTENG users past by when they go NEWCASTLE
Thank you for having David on your show, Penuel. Stay free 🔥
I've been following Penuel Lungelo Mlotshwa for the past 3year , guys I'm telling you he's growing daily and I believe that his gonna impact the whole world . This sitting[ the penuel show] is gonna be number in this continent.
This is golden, the man has contagious knowledge, siqala ngelinye i gear ke kulonyaka. This is to be watched more than once. Weldone Penzo
Im watching it for the third time
Damn. I need to attend a meeting. Cant wait to watch this properly at the end of the day. Ta Pen thank you for this channel.
Thanks for this the insightful interview, I look forward to the second interview.
I appreciate this platform Mr Penuel
I'm 42 minutes deep but I can already say, 'What an interview', Thank you Pen
Nice give dave,you hit the bulls eye first shot, keep up the good work,loved this
Eye opening and a good conversation
I look forward to part 2 🙌🔥
Excellent, as always Penuel, thanku. AND thanku also for allowing your guests to speak whilst you listen intently and ask relevant questions to open up the topic for uour listeners. I really hope to be privileged to hear your 'debate' with David.
Awesome interview, I should admit that I’m biased coz I’m a capitalist as well but it was awesome to hear the deep knowledge of Ansara & learn more about his background.
yup
Pen I think not having an open discussion/debate around capitalism with David is a missed opportunity here. One of advantages of podcasts is that you can allow the conversation to progress naturally. Trying restrict/postpone that conversation broke the natural flow of the dialogue and gave this episode a contrived feel to it. Don't be scared on engage on the hard questions with your guest.
I have a way of dealing with guests in a sustainable manner... I was meeting David for the first time & didn't want to be hostile.
I also am always wary of the audience & future potential guests who will be put off from visiting if I'm too confrontational to other guests.
David had a good time, he got to school me & us, we met up... and now I have licence to grill him when he visits again, knowing that I'm not a hostile host.
We have to do things strategically, especially when it comes to human beings. I think it's one of the things that works for me.
I may get criticized, but I'm fine with that. I get to build sustainable & genuine relationships, and not just debate for reactions & views.
I hope that makes sense.
@@Penuelism I don't see vigorous debate as 'hostility' if we are both engaged in a truth-seeking exercise. I thought your questions were excellent. Your show, your style.
I would be happy to come on again in future to be grilled on the benefits of free market capitalism. It's my favourite topic!
@DavidAnsara Thank you very much, sir.
Unfortunately not all guests are welcoming of debates, especially in the first encounter... so I try to tread carefully before requesting a verbal duel.
Since you're happy to engage, we must make it happen soon! 😊
@@Penuelism I admire your style and do carry on using it. We're shouldn't be quick to assume that all of us subscribe to this modern objective rational style of thinking only to end up being accused of being hostile.
@godpenuel , I completely understand and it makes perfect sense.
I want to clarify that, despite my earlier comment, I genuinely enjoyed the conversation. It was very insightful. It's just that I believe the topic of capitalism, especially in the political and economic contexts of South Africa, is fascinating. It would have greatly benefited the audience to hear both your perspective and David's.
I'm really happy that you brought David on the pod, as I've been following his work since his time at the Centre For Risk Analysis (CRA). I hope you can invite him back to delve deeper into this conversation.
00:09 David Ansara's Lebanese heritage and family origins
02:16 South Africa is a diverse place with a rich history of settlement from various countries.
06:59 Discussion about the historical backdrop of South Africa and the impact on the community.
09:10 The great promise of 1994 has not turned out well for many people due to poor policy choices and socialist ideologies.
13:53 India's experience of democracy post-colonization
16:28 Indira Gandhi's imposition of a state of emergency and subsequent loss in the snap election
20:20 Building something bigger than oneself
22:23 Work ethic and self-reliance as key to prosperity.
26:37 Understanding the mechanisms for human flourishing and freedom.
28:40 Penuel's intellectual struggles with political changes
32:43 Studying fine arts and history has shaped influential leaders and their ideas
34:34 The Institute for Race Relations is the oldest non-governmental organization in Africa.
39:05 Politicians often take credit for things they haven't done
40:56 Promoting winning mentality in South Africa and the impact of racial quotas in rugby.
44:53 Capitalism is the great driver of human prosperity
46:53 Capitalist societies produce innovation to solve problems
51:23 GDP per capita is $1,700 in unfree countries and $14,000 in free countries.
53:29 Communist and socialist conceptions concentrate power in the hands of a few people.
58:01 Classical liberalism advocates for small state and individual freedom.
1:00:14 The state's role in protecting people's rights and the potential for abuse of power
1:04:58 Socialist regimes lead to dictatorship and decline in quality of life.
1:07:10 Economic disparities between socialist and free societies.
1:11:39 Communist China's impact on its people
1:13:47 Embracing International free market capitalism
1:18:20 Losing control of the state apparatus can lead to rights violations and cultural suppression.
1:20:25 Africa's historical development and the challenge of dealing with the current government.
1:24:02 Advocating for tax avoidance and offshore business within legal boundaries.
1:25:49 Minimizing tax exposure is good economic sense and a moral duty.
1:29:45 Big businesses should stop supporting government.
1:31:37 Private sector holds power and needs to demand policy concessions from the government.
1:35:41 Investors seek return on investment
1:37:35 Private sector's role in economic development
1:41:40 Promoting community service and accountability for political representatives.
1:43:34 Empowering through small actions
1:47:33 The need for alternative conflict resolution and tax avoidance as a legal strategy
1:49:29 Importance of civic participation in voting
1:53:15 Embracing radical self-ownership for personal responsibility and empowerment
1:55:21 The Kyam project has transferred 10,000 title deeds to rightful owners.
1:58:58 Debating the role of individuals and government in capitalism
This podcast is the digital Timbuktu. thanks Pen for insightful content
What do you mean? drop some knowledge there , I know Timbuktu is a city in Mali. What does it mean in this context?
@@ipostsongs5305 Timbuktu is also the oldest known university I think it is somewhere around Mali too
The Penuel Show is the Best Podcast in The World
Wow! Such an educational conversation.
Well done guys, learned a lot from this conversation 👌
Great interview. Last place I expected to hear Trotsky's name
Beautiful interview
I'm glad I happened upon this very interesting interview & very impressed by both gentlemen. I too am Lebanese but take my heritage a lot more seriously as both my parents were from Lebanon. Many Lebanese are very successful in S A & many of us fought for the abolishment of apartheid & worked incognito with leaders of the ANC. Today our focus is on the Palestinian genocide.
Great seeing David on your channel!
Brilliant interview! All the best for the year ahead. Looking forward to lots more great content 👊🏼
Very cool thanks Pen. He strikes me as an outside observer. His objectivity is proportional to his education.
Pen dont hold back on the tough questions....
we sometimes want to understand a person political orientation to help see how they draw thier conclusions
very important
The diversity is worth a watch every single time
You always hear the term balance of power branded about. In a capitalist system like SA's, power resides with capital but when the overwhelming majority of the public are poor, power is exersised by a deversified minority.
If the west believes so much in capitalism and fair competition of ideas and letting the market decide, then it stands to reason that allowing Venezuela to freely trade in their oil within international trading rules of course should pose no challenge and there should be no artificial stumbling blocks placed of Venezuela's path because the west clearly has a superior system.
Thank you Penuel for this conversation.
On Jan Smuts: It is intriguing that you mentioned his name and acknowledged his complexity and significance in South African history. Indeed, Jan Smuts remains a figure of considerable nuance, evoking both admiration and criticism. In my own collection, I possess some of Smuts' speeches and correspondence from the pre-1910 British-Dutch union era, offering a glimpse into his multifaceted persona. There exists a certain parallelism between Smuts and Thabo Mbeki, as noted by Richard Steyn in his biography of Jan Smuts, which might intrigue your audience, Penuel.
Penuel astutely highlights Smuts' ambivalence and the challenges he (Jan) faced within the Afrikaner community, particularly regarding his alignment with the British colonial worldview. Smuts' views on race, particularly his perspective on the "Native," are indeed troubling, reflecting the prevalent racial attitudes of his era. His vision of a unified South Africa under white leadership, while ambitious, was inherently flawed and destined for failure, given the deeply entrenched divisions within the country.
The rift within the Afrikaner community, symbolized by the breakaway factions opposed to British dominance in the 1910 union, played a significant role in shaping subsequent activism, including the emergence of the Institute for Race Relations in South Africa. While its roots trace back to 1929, the institute's research became particularly pertinent following the ascent of the National Party to power in 1948. Prior to this, it operated as a liberal advocacy group, amplifying the voices of educated Black elites and public intellectuals who advocated for the interests of the majority.
However, it is crucial to acknowledge the evolution of the Institute for Race Relations over time. While it may have begun as a beacon of truth and advocacy, its current incarnation reflects a departure from its original mission. Today, the institute appears to have transformed into a political instrument wielded by the opposition party, exerting influence in the South African political landscape. This shift underscores the complex interplay between research institutions and partisan politics in shaping public discourse and policy agendas.
I will not get to the discussion about capitalism. Suffice to say; the guest was engaging with another capitalist thinking brother. The assumptions that are uttered are not worth one's attention at the moment.
Thanks for the great conversation gentlemen.
A better example of the pie analogy: People have this assumption that there is one pie, and all we have to decide is how to divide the slices of the pie. But under a free market economy, you open a bakery, and bake as many pies as you want to.
Up until someone buys 80% of companies that are making flour and manipulate the price of it.
@@lehlagaremogadime7494 Yes, that is called corruption, and if the law allows this, the law is unjust; And when injustice becomes law, resistance becomes duty.
Looking forward to the debate on Capitalism with David...
Thanks so much guys
Would be great if you had this on Spotify so we can listen in the background
You pay youtube premium.
This guy is a walking think tank
One of my favourite eps 👏🏾
Fantastic episode
What an incredible interview! Very insightful and thought provoking 👏🏽
Social freedom state came at a cost of the natives who fought for it, now priviledge speaks without lived experience and reparation for the still poor and marginalized, Aluta✊🏼
hes speaking a lot of hogwash
There is a lot to argue in what David is presenting for capitalism. I am procapitalism myself but with some statist power. The example on the opening market to other players so to improve pricing can also be problematic as players can collude or even price fix
Great interview!
I have asked myself exactly that question, why people flee countries like those in North Africa, or Cuba, or North Korea etc but I think I came to different conclusions than yours sir. Of course it is partly due to the terrible living conditions in their home countries and it really differs case by case but I also noticed an unseen hand and sometimes a subtle hand closing doors so that some of these countries couldn't leverage their resource because they were interfered with and manipulated
Ansara is an Arabic word which means 'helpers' in English..written انصارة in Arabic text
Thank you for the education.
Please we need a part 2
I read Anthea Jeffery's Book(People's War). I read in the book that the ANC was targeting blacks with a RPG(Rocket Propelled Grenades).....I could not believe this.
Freedom in Capitalism is the same freedom that the ancient Greeks enjoyed. Freedom for the slave owner.
At least you have the possibility of making it out the slave class as opposed to communism where a select few own the masses.
Panuel you make a good point about being given opportunity "quotas" Big statement when you say if you don't agree you racist. A talented guy in the EC may not make it in Rugby, cause on a basic level he does not have the same resources as our white counterparts e.g Grass at school or rugby boots. Siya had to worry about what he is going to eat, how do we expect him to perform at his highest potential if he is hungry. We expect him to perform on merit mara how does he compete if he is at a disadvantaged just on nutrition. If we are to be judged on merit then give us a level playing field. Lets have the same resources then by all means lets be judged on merit.
The guy is speaking real academical politics, a lot of people in South Africa are politically iliterally.
Unfortunately your right sir
What is Illiterally?
The importance of DELAYED GRATIFICATION... The Buddha statue took 800yrs to build. China has 500yr plans.
Is there any work in your life, that is part of a 100yr, 500yr or 1000yr plan to add value to humanity as a whole?
Do you know how to plant the seeds of trees whose shade & fruit you'll never get to enjoy?
I have a two billion year plan. 😆😆😆My plan envisions humans surviving the death of our planet and sun, it is estimated that a few billion years from today our sun will expand as it consumes some nuclear stuff and this nuclear stuff will cause it to expand and devour Mercury, Venus, Earth, and Mars. So my plan to save humanity is to build a mini planetoid type of a space ship to send a few men and women and thousands of human embroys two some solar system somewhere, of course these people in this spacee ship will have to make babies throughout the thousands of years of travel in empty interstellar space, and thrhoughout the journey, the children wil be left on different habitable planets to further the survival of our species. Maybe I am crazy, maybe I am trying to impress you, or I am bored because I am unemployed, or I am all of the above. But it is my plan to build an interatellar type of transport. Imagine a broke black boy trying to build an interstellar transport. I only have ten bucks in my pockets, and I want to build a trillion dollar technology. I myself question my sanity everyday, but I will try to build this vehicle within my lifetime
Mate ❤
Great content ❤❤❤❤❤❤❤❤
Great episode
I agree, people are flawed, systems are also flawed...this include capitalism.
I agree with your comment I just don't see anything better than capitalism
Thanks for explaining that schule means school... What a brain
I'm immensely grateful for being part of this community. I have learnt a lot and I've improved enormously in many aspects of my life.
Kudos!!!
Correction: The United States has the largest Indian Diaspora.
The City of Durban has the largest Indian population outside India.
Thank you for this nuanced correction.
Thanks for an interesting conversation again Penuel. David Ansara is an intelligent young man but his free market ideological fundamentalism doesn't fully capture the approach that is required to ensure inclusive growth in our country. I also admit that the extremely state centric posture of Communism will also not deliver on this. Yes, we need free enterprise for the economy to grow but the historical fault line of exclusion is still very present in our society and the democratic state needs to intervene wherever this rears its ugly head hence we have entities like the Competition Commission. Yes, we generally have an inefficient state that has pockets of excellence e.g. Competition Commission, National Treasury etc and this require urgent attention.
Only South Africans from privileged backgrounds see a pure market economy as perfect, unfortunately that is not our collective historical reality. We should not be ahistorical when discussing relationships between the individual, broader society and the state. A democratic state must intervene to regulate and facilitate processes towards shared development benefits including in the economic realm, especially with the exclusive history of RSA.
Cant wait for this one
60 Seconds.. Letsss Gooooooooo!!!!!!
On the issue of private property rights. The state needs to correct the land act of 1913. Unfortunately we can't just ignore the injustices of the land act which ignored property rights when it suited a certain minority. The same minority now wants to advocate for private property rights cause it suites them. Where were those rights in the land act of 1913. Its a double standard. On the Statement of South Korea, If you look at how they managed to increase economic growth. They used the state i.e changed the laws to fix the issue of Chaebols i.e we need to also make sure that Corporate South Africa is accountable in the growth of the country. Stupid example. Why can't JSE corporate adopt a township or rural school and make sure they have grass or make sure that school is at the same level at St Peters.
I’m not sure that Capitalism is the problem.
The problem is GREED.
We probably need a mix of a free market economy with some social responsibility. People need a hand UP not just a hand OUT.
I just wish that black South Africans would stop thinking that the whites don’t care about poverty or the problems in our country. We love this country too and want to see EVERYONE living happy healthy lives. Please stop being so negative and cynical.
Love your comment ❤️❤️❤️
Great comment.
Africans also understand that some white South Africans also hate poverty. The problem starts when some whites want to rubbish the lived experiences of black people. And by the way this system isn't sustainable, we have seen it for the past 30 years, it opens the door for corruption, maladministration, and incompetence.
Capitalism rewards greed
I agree fully with your sentiments, especially the need for a free market economy with some social responsibility. Poverty can be a real trap but for many people a lucky break or an opportunity is all that they need to flourish. Some hope. And yes, there are many white peoples who care. Personally I find it totally heartbreaking to see how people live in squatter camps and to watch those people who have chosen not to live a life of crime and haul rubbish on carts just to survive.
The best Podcast in Africa
Penuel is a brilliant host and one of the great thinkers we have in South Africa. I always look forward to his Monday show, but I'll have to skip this one. This guest is too detached from the daily struggles of ordinary South Africans. He speaks from a position of privilege, and you should have challenged him when they placed doubt on the existence of a third hand in the political violence that took place in the 80s and 90s. This reinforces my views on most YT South Africans. I feel they are too comfortable wrapped up in their privileged bubble to care enough about the real struggles of our nation.
Can you please Host Mcebo? GOD Pen
I've invited him maybe 5 times, with no luck.
He probably has his reasons coz he did commit at some point, then never followed through.
Maybe he'll visit at some point. For now, you can check him out on King David Mashabela's podcast.
Capitalism doesn't like a functional state, able to discharge it basic duty of providing public goods...put differently an incapable and weak state is good for capitalism...
False
Who produce public goods to begin with? The people's labour of cause. And who hire the people's labour? The free market. And who create the free? Buyers and sellers. So the state can never be functional without capable individuals who produce.
Pen, is it possible to us the money you supposed to pay tax with to do a community work e.g. close potholes?
Great idea
WE NEED TO WORK, IF WE WANT PROSPERKTY WE NEED TO CREATE IT, NO ONE IS GOING TO GIVE IT TO YOU.
A wise man once said we don't care about titles weather Capitalism, Marxism or socialism as long as the cat can catch the mice #🔥Ankh cross forever,#🔥 Ubuntu/Isintu Principles forever #🔥 Isintu Ancestor worshipping 🇿🇦 forever 🔥 Down 👎with Roman-Dutch 👎 Law👎 , Phambile with Isintu Law 🔥🇿🇦
We are not Romans neither are we Dutch.
Cha angikufuni ukungasho, lensizwa bengithi iza kahle. Hhai mangiqhubeka ngiyilalela hhai kuyasho ukuthi ikuloluhlangothi who are beneficiaries of the apartheid system. Uhulumeni has the power, and has the responsibility to bring change to its people. Lelanguage yalo mfo yokuthi asizenzele does not apply kithi esingakaze sibe nalutho. Kuye kulula because he was born with the silver spoon in his mouth. Ukuhlupheka akakwazi😢
Capitalism is great when the Feild is plain but worse when the feild favours some.
interesting guy
Please interview Rian malan
Great conversation, capitalism will and forever be the best economic system.
I'm sure we as the human race are capable enough of thinking of a better system. It could even be called Capitalism 2.0 coz this one has holes in it.
@@thanduxolocembi2539we are waiting for you to give us something better
Isn't it said that it is illegal to fix potholes?
6:06-he mentions blk on blk vi0lence bt he DOES NOT want to say that the guns were supplied from DeKlerk & Bothas Pretoria!!!!!!
Now China is a curious case study. You correctly highlight their past troubles but you fail to highlight their very current success to the degree that their are on the path to become the world's largest economy. You also highlight Switzerland as a success but fail to highlight their problems. Everyone knows they are a tax haven amongst other things. I have my biases but I recognize that you have your own as well.
If you are educating people, show them to positive of any system to teach them but also make them aware of the short comings to the extent that you are aware of them
21:45- yes ansara,we as SA are "not unique" BUT we are the only ones who are the.most finamcially unequal society on this planet right?!?!
Russia is the most unequal country. Funnily enough.
Not him excusing America's 🇺🇸 atrocities in Vietnam 🇻🇳
So what was the point of this "conversation"? Absence of coercion? CUTE! The giant logical leaps and ascribing causal powers to things that have nothing to do with one another are just astounding. The laundry job that eventually leads to Capitalism = Freedom, and goes on unchallenged is rather strange. All the countries that were given as examples have a great state involvement in very many ways. The fact that you do not know who the president of Switzerland is does not mean there isn't a great deal of government involvement and social security, there. Singapore, same...UAE, same. The fact that the state/goverment is failing in keeping to its commitment does not immediately lead to "let the free market reign".
Sounds like you are looking for tenders
Sbonge 🙌🏾
We can talk all the fancy schmancy lawdy dawh, but
1.capitalism is owned by the 1%.
2. It requires that 89% of the population be denied upward mobility.
3. It doesnt survive when communities are strong and self sufficient, then suddenly you find that something closer to marxism is preferred by the citizen.
To keep my point clear, all historical cases for capitalism have resulted in the majority of people in abject poverty, strung out on imported substances, and having entire countries with no sense of control of their own future.
You can keep that junior school philosophizing for the fools dumb enough not to see beyond the nice suit.
well put im not that articulate thank you for your super intellect of detecting BS
LOUDER!!!!
Even the suit is not impressive!!
@@mmasechabasegage6923😂😂😂
@@mmasechabasegage6923 facts 😅🤣
We Penuel, ubatholaphi labelungu bakho?
Bazakuye. Phela unePlatform.
Political actors and instant 😂😂😂👌
I live in the U.S. This guy is completely coming from the prospective of privilege. He has little to no understanding of the EFFECTS of apartheid or oppression on a people or nation. Those are the talking points of a descendant of an oppressor, to pick yourself up by your bootstraps. If your country were still under apartheid (their control),he wouldn’t be advocating all those things against the government. It’s easy to take responsibility when you’ve been given every advantage in life like he has. His knowledge is basic, the same Western education and training taught before he was born and taught today.
I am curious. You seem to know a great deal about the Ansara family, and I am shocked to hear that we come from a long line of oppressors. Please provide me with of the names of said people as well as examples of their oppression, for my own peace of mind. However as I know of no such people I suspect your comments and judgements that yours is a narrative of victimology, racism and vilification. Logic needs to prevail.; look around. Do all people from the same ethnic group think and behave the same? Clearly not. I support David’s stance towards the government which, through corruption and incompetent governance, have exacerbated poverty and resultant crime. The ANC cannot provide basics like water, electricity, decent education, housing, reasonable healthcare, safety and security and therefore a realisation that sadly it’s up to the individual, has to be reached. The government has proved historically that in 30 years they have not been able to improve the lives of anyone except the greedy new elite who have profited from corruption and graft which has resulted in immense wealth to those individuals to the likes I have never seen and continued poverty to the majority. Clearly poverty is a trap that is extremely difficult to navigate your way out of but it is not impossible. David, as seen in the interview, is very grateful and aware of the privileges that were afforded to him, through his father’s hard work and dedication, (a man who pulled himself up by his bootstraps) which were the building blocks, but it was six years of study, an insatiable desire for knowledge a drive to succeed and a wish to make a difference that have led him to where he is today. You live in the USA. Were you a South African citizen, have you ever visited? Proud of both my sons, David and his brother Christopher, for their achievements, but more importantly for the people they have become. May I suggest that stereotyping and judgements, when one is unaware of all the facts, does not solve anything, and is not solution driven.
i feel like this guy's research must be scrutinized cause its kinda one sided
Having recently watched the Documentary about Mayor Chris Pappas ( only 32, fluent in isiZulu) of uMngeni Municipality on UA-cam as well as Mac G's Podcast with John Steenhuisen ( also on UA-cam), the DA is by far the most progressive, the most compassionate and the most experienced choice to take SA and the Multi Party Charter forward in 2024!!
Super dumb comment....but I don't think I've ever seen an indain/Muslim on the show
Would be nice to see a chat with the family from New castle and how they manage their family business, generational wealth, etc.
If they are willing of course
If you know any please refer them to the show
@@hawed19 I'm a 20 year old college student in Durban(ironically), sadly I do not know of any
Hopefully in good time, we'll get Indian, Chinese, Nigerian, American, etc guests. In good time.
I'm still new here, and also still need to earn my stripes to attract the best minds from different races, genders and nationalities.
Capitalism is important. But this guy talks a bit of rubbish when doing comparissons. Ghana government was overthrown by the US while the South Korean government was propped up by the US. The US even fought a war in the Korean peninsula to defend the South Korean government. Its not just capitalism. The communist Cuba has better life expectancy and education than most capitalist countries. We have to be careful about the single story narrative and one dimension views. We need to be balanced in our approach. This man seems to know a lot about the world, but lacks knowledge of the place where he lives
Cubans are starving
@@sizwemeyer6076 USA literally blokades them from global trade... and they still have better health care
yes penuel...study indian info... koz akere your maternal grandpa is musim indian!?!
“You’re aight white boy” 😭
Capitalism dictates that every aspects of human life and existence is a source of profit and wealth....
Capitalist economies are simply about profit maximization and wealth accumulation everything else is secondary...
So in other words, you will make money / a living if you provide a service that people need.
I like this about capitalism, I just don't like the part where the people that do the actual work never get what they truly deserve @@henco8716
exactly, which is why everyone not staying in a capitalist society flocks to the closest one as soon as they can. Why do people want to live in the US, capitalism. Why do people want to get out of the rural areas into the city, capitalism. It's the only system capable of getting self-centered humans (a.k.a. literally everyone) from cooperating productively. It leaves people behind, no doubt, it's not intended to be fair - but history clearly shows that all other types economies need rampant totalitarianism to sustain.
I can't possibly subscribe to Capitalism here in my home country of South Africa, YT South Africans aren't repentant of their injustices to blacks, they refuse to return what they have stolen, they also refuse to acknowledge their ills,injustices and ill gotten gains, the guest today, such a young man, born in 1983,aware that he is addressing a predominantly black audience,utters the fact that he firmly believes the violence between 1984-1994 between blacks, known as black on black violence , is 100% the black mans doing, indicative of how bad the problem we are faced with as a country.
Capitalism is unable to to correct itself, it only has one mandate(which has consequences) and that is profit maximization, they don't care about your view, they don't care how you feel, you further have no say as to who is management, how they are elected, and Policy. Capitalism might work well in other parts of the world, it most certainly hasn't in over 350 years here in RSA, for the black majority.
Capitalism needs an Adult in the room,he can't go unmonitored around the clock, he's extremely irresponsible, racist to the core, unrepentant, no remorse and recalcitrant, Capitalism needs the state to constantly watch over them, the state is the closest person who has our interests at hand, and the fact that we can do something about influencing policy, electing leader's and removing Dictators, Capitalism has Dictators completely unabated sitting in Exco, and we the public can do absolutely nothing about it.
The Private Sector must'nt lecture us on Freedom, they claim Communists are Dictators, how when a Government is democratically elected/removed, we as the public can't elect/remove a CEO/Board etc, they do whatever nonsense things they please, and they want to call Marxism Authoritarian, we as South Africans know who is more authoritarian than who.
I subscribe to Keynesian Economics by the way, as when things go wrong, we need someone to step in, that we selected, that we the public are comfortable with, the state is the only mechanism which affords this platform to us,as the people.
I can never commend the Private Sector and their ill gotten wealth, for us to point out the skills monopoly they have and their large project delivery capacity, without pointing out how they got to that point would be disingenuous.
This episode was nothing short of heart breaking as a black South African, but a stark reminder of what the black majority has been putting up with, hence our strong push/reinforcement of state intervention.
Totally ignorant about South African economy
Thank you for this passionate response. I feel your pain and frustration.
@@Penuelism asibonge Mtaka Mlotshwa, uqhubeke nomsebenzi wakho omuhle owenzayo zalo🙏🏽
The Black Pen
Pls check facts on the age of religions. Islam is not yet 1,500 years old. Mohammed (author of Quoran) was born 570 A.D.
Nice interview some valid smart points raised by David, but i was struggling listening to him as I kept thinking of content from Jordan Peterson, id like to see his personality more "David Ansara" not someone else.
Problem is, if u stop .any of the socialist policies in SA many citizens will suffer. Also the policy he advocatesfor is limited in terms of support and should it be adopted only one race group will continue to dominate coz lets remember who already hasthe resources in this country,
he was lebanese
.now he is white in south africa!!!
Lebanese are sometimes considered white in other places in the world.