Nzimande: Nationalisation won't aid poor

2011-06-28 11:42

Johannesburg - Nationalisation is an attempt by the ANC Youth League (ANCYL) to save black economic empowerment "elements in crisis", and would not help the poor, SA Communist Party (SACP) general secretary Blade Nzimande said on Tuesday.

"The call for nationalisation by elements within the ANCYL, whose intention is to save these BEE (black economic empowerment) elements in crisis, and not to address the interests of the workers and the poor in the country," he told Cosatu's central committee.

Putting privately-owned assets in the hands of the state was not "inherently progressive" as it depended on which class interests were being advanced.

"We want to make it clear that the call is not a genuine call to actually empower the workers and the poor.

"Nationalisation has been undertaken by Hitler," he said, adding that it was also conducted by the nationalist apartheid government.

"Ten years from now there will be a renewed call for privatisation."

Nzimande said the ANC's elective conference in Polokwane in 2007 saw a wide array of forces lined up to oppose the "previously hegemonic bloc", led by former president Thabo Mbeki.

"This wide array of forces... was constituted essentially out of an unholy alliance... between broad left forces opposing in principle the strategic and tactical line of the 1996 class project, on the one hand, and other forces who were essentially frustrated personal accumulators and populist demagogues articulating a sense of anger and alienation particularly among the youth sector," he said.

Cosatu, the SACP and the ANCYL joined forces to support President Jacob Zuma to oust Mbeki at the Polokwane conference.

Nzimande said the latter grouping, consisting of "frustrated personal accumulators and populist demagogues", exposed itself at the ANC's national general council in 2010.

The advances of this grouping were not effectively rejected and, as a result, "this dangerous demagogic 'vanguard' has acquired new life, resourcing and arrogance.

"Yes, that's a vanguard, but a vanguard for tenderpreneurs, not a vanguard for the workers and the poor. That is why it is important to know that being a vanguard is not like a tender award, one for you, one for me, but it is earned in struggle, on the ground," he said.

Nzimande also defended ANC secretary general Gwede Mantashe, who the ANCYL wants to replace with Sports Minister Fikile Mbalula at the ruling party's next elective conference in 2012. 

  • Bratboy - 2011-06-28 11:58

    Yippeee at least someone has a persective on reality!!!!!!!! ANCYL etile have been caught in the "Botha" trap, "da gold is all gone hey" fools!!!!!!!!!

  • Spyti K - 2011-06-28 12:22

    When the leader of a Communist party slams nationalization, that's when you know that something doesn't smell right.

      50something - 2011-06-29 08:42


  • heebeejeebee - 2011-06-28 12:23

    I thought I would never say it in so many words, but I actually wholeheartedly agree with Blade on this one.

  • Nintendo - 2011-06-28 12:24

    Dear Juju do you need a commi to tell you this?

  • Noah - 2011-06-28 12:26

    the SACP is weak I have never heard them saying anything about alleviating the massess from poverty.The only time you hear them is when they are least the ANNYL have identified something that they believe can eradicate poverty but them they are having any plan.

      Nasdaq7 - 2011-06-28 13:54

      Mugabe had the same plan as the ANCYL and Malema. 90% unemployment, a billion % inflation.

  • panafricanis - 2011-06-28 12:26

    How we are going to implement nationalization is different in many ways from the strategy of Hitler, in fact the two differ significantly, Hitler called for total nationalization while we are calling for a percentage nationalization especially on the national resources where no individual can claim a stake, in the minerals of this country 51% of all the country stakes in the mines should belong to the state while the investors own the remainder of the stake, the people must own their minerals and banks and the issue of land is key in this debate, because African where known to be farmers through their history.we need to urgently reinstate the African man as a farmer.

      Nasdaq7 - 2011-06-28 13:53

      51% and the company is at the mercy of politicians and their political appointed buddies. You read all this and still can't think for yourself. Look at Eskom - that's precisely what Eskom is! 51% controlled by the government - a total mess.

      DW - 2011-06-28 14:58

      Please exactly explain how this nationalisation will take place. Will the state buy out the shares in the large corporations which they own in the mines and then hand them over to the workers? Will there be a forced share split with shares being issued "free of charge"? To whom will the shares be issued? I dont understand how nationalisation works. Our constitution protects property. How do you force someone to give away what they own for free. If you want shares in Anglo or De Beers, nothing stops you buying them on the stock exchange, just like anyone else. Then you can share in the dividends. I do understand how privatisation works. The government makes the shares in those companies available in the free market to the public, which means the government no longer is the only shareholder in those companies. People still have to buy the shares. Please explain how it works the other way around.

      Nasdaq7 - 2011-06-28 16:05

      DW the basic idea of nationalization is economies of scale. They buy up say 51% of all the coal mines and then build one massive coal company that combines all the shared resources. Now you can think of the benefits: discounts when purchase a lot of equipment, pension fund benefits, big projects can be undertaken, the nationalized businesses will simply be too big to fail - tax payers will need to bail them out like Eskom. Now consider the negatives: bureaucracy - think Eskom, Telkom. Big boards, big salaries, poor, slow services - no competition. Instead of 20 CEOS running 20 smaller mining companies, one CEO tries to do the work of 20. The ANC and COSATU tied Telkom's hands - now it has burned its fingers in Nigeria. It could have been like MTN - had operations all over Africa and the Middle East. MTN has 150 million consumers providing tens of billions in Tax Revenue to the government. Telkom might go under - it is 10 times smaller now than MTN. It was once 10 times bigger. That's what politicians do: instead of focusing on business, they try to win ... votes: order the businesses around - give people free electricity, telephone services, stay in SA. But they keep the poor happy for just a while. Eventually people revolt under state control. Russia and now Cuba is privatizing. The model is not sustainable and highly inefficient and can easily hide corruption, unlike private companies where the owners and customers demand performance of the business because of competition

      Sho Fukamachi - 2011-06-28 16:54

      @DW: He can't even rub two brain cells together, how do you expect him to be able to explain a concept he doesn't even understand.

  • samzaG - 2011-06-28 12:27

    I see 2012 is knocking in everybodys doors

  • Vaal Donkie - 2011-06-28 12:29

    Only in SA will the leader of the Communist Party speak out against nationalization.

  • Stocks - 2011-06-28 12:29

    Wow. Not that I'm Blade's biggest fan, but the man is actually speaking some sense. How will Juliass react though???

  • Masrata - 2011-06-28 12:30

    Well said!!!Juju are you listening!

  • GT - 2011-06-28 12:32

    Holy smoke - Blade talking sense!! A commie who doesn't want nationalisation. This is like the Pope coming to work and asking "I wonder if there is a God" The man is certainly on to something!

  • JIMBO99 - 2011-06-28 12:33

    And Stalin for state wealth, not to help anyone but himself..

  • Alan - 2011-06-28 12:33

    WOW. Something clever coming out of Blades mouth. This is a first. Let hope it continues

  • Really? - 2011-06-28 12:35

    Well said Mr Nzimande... Now watch the handbags being thrown at Blade from the circus

  • PureBlack - 2011-06-28 12:36

    I am taking from seat for this one. One point for Blade...I am waiting for!

  • Annoy - 2011-06-28 12:37

    Excellent Blade - so you done your homework - now time to explaint nationalisation to thick head MALEMA

  • NewRadical - 2011-06-28 12:38

    Well said Blade. I never thought I would agree with you, but give that man a Bells!

  • Rhino - 2011-06-28 12:38

    So Malema call's for nationalization of Mines, Banks etc. Today we see Eskom (a nationalized, state run company) declare "profits are up by 30%" (thanks to the 25% increase in electricity costs to the poor man in the street!) and Eskom management have increased their salaries by 109% on average (latest Eskom financial report). This is the future of SA if Malema gets his way.....the rich get richer and the poor get poorer!

      Virginia - 2011-06-28 15:22

      Well now you can see why they want to nationalize the mines and banks, so that they can control the riches and fatten their bank balances at the expense of the poor black person in this country.Its so disheartening to see thes old grandmothers standing at the traffic lights begging for assistence, she should be in a warm home being looked after.

  • Bachbabe - 2011-06-28 12:40

    Must be the first time EVER that I agree with something the Blade says....

  • Ondier - 2011-06-28 12:41

    wow, this comming from the communists... I would love to know what is really going on behind the scenes because it just doesnt add up.

  • OB1 - 2011-06-28 12:47

    tendancies, demogogues, and now vanguards...word-a-day toilet paper at luthuli house bogs? Very encouraging though, that senior alliance members are starting to speak publicly against the insanity.

  • Niren - 2011-06-28 12:47

    Do not give that ANC youth league guy any news coverage or attention and all this nonsense would go away. Simple as that !

  • Matt - 2011-06-28 12:47

    Not normally supporting the guy, but for this I'd buy him a Bell's... it's along the lines of what I often post and what often gets deleted by News24!

  • Nepster10 - 2011-06-28 12:48

    You are talking sense Nzimande.

  • neo_acheron - 2011-06-28 12:49

    Wow... I think I am dreaming... First Zuma made the truth public about how cancerous they are, and now this! I must be dreaming...

  • FaxM8 Fax - 2011-06-28 12:50

    Well ask yourself if malema had the poor's best interrest at heart why does he not share all he's wealth with them ? Why doesnt he employ some of the poor ?

  • crackerr - 2011-06-28 12:50

    Both want the spoils. That's what the confrontation is about.

  • Jungle - 2011-06-28 12:51

    Finaly, someone with balls.

  • waine - 2011-06-28 12:53

    As much as I do not support the ideals of the Communist party, It is pleasing to read that they are opposed to this mindless attempt by Malema to Nationalize the mines. Only the government will benefit from this move and their coffers will get fuller. Please, somebody stop this process before we end up like Zimbabwe.

  • p123 - 2011-06-28 12:54

    The Communists leader actually speaks some sense, next step is to disband the SACP!!! How can any Communist entity exist in 2011???

  • Arno von Helden - 2011-06-28 12:54

    Thank you Blade for telling it like it is!!! You're the only person with a brain and a set of... Nzimande for President - Viva comrade Blade!!!

  • Elliot - 2011-06-28 12:56

    Couldn't agree more with this article

  • Entropy_1985 - 2011-06-28 12:57

    For once comrade blade makes some sense...

  • Gorilla - 2011-06-28 12:58

    What will aid the poor is assisting people who want to invest and create businesses in SA. The Government is always wondering what it can do to create jobs. A good start might be not chasing people with cash away and encouraging foreign investment. Not by creating an environment that builds resentment and distrust.

  • - 2011-06-28 12:59

    I also dont see Nationalisation helping the poor, only the BEE fat guys and Malema.

  • Elliot - 2011-06-28 13:00

    I couldn't agree more with this article. The reason why the ANCYL/ Malema are so adamant about nationalisatio is to bail out their failed BEE mining bosses!

  • fantasticjac - 2011-06-28 13:00

    It's a wonderful thing to read an article where a politician actually makes sense and considers the consequences of certain actions. A rare quality indeed.

  • Jaja - 2011-06-28 13:01

    HAve you had this discussion with Juju?

      Virginia - 2011-06-28 15:25

      JUJU is an uneducated person who visited Robert Mugabi and received all this information from him, "you want to be a richman take from the poor they will understand as we are all the same colour" now when one of your own speaks out for the betterment of the poor his suddenly ostersized, what a bunch of idiots.

  • Deon - 2011-06-28 13:01

    Beautifull comforting words in a sea of uncertainty.

  • Bad1hq - 2011-06-28 13:02

    This just once again shows how completely contrasting the opinions of the tripartheid alliance members are. Zwelinzima Vavi and the unions are all for the nationalisation of everything, Zuma and the ANC says it's not "current" policy and Blade compares it to Hitler? It's sort of odd that its only the communists who think its a bad idea...maybe they learned something from history and the rest of the world?

      Rapier - 2011-06-28 14:26

      Not being petty @Bad1hq but the word "tripartheid" jangles my sensibilities - perhaps it is too close to apartheid? The word is: "tripartite" - Blade is a classic communist elitist - he sits quaffing fine whiskey and smoking Churchill cigars in 5 star hotels, but espouses communism!

  • Nasdaq7 - 2011-06-28 13:03

    Now your talking. Nationalization is good for war, good for massive projects - but for small businesses, medium businesses, big businesses that want to expand globally, that needs cash, that needs research and development, creativity, innovation, new business partners, that want to expand into niche markets - not so good. Small businesses create the most jobs - why? Because they use what they have more efficiently.

  • Judith - 2011-06-28 13:04

    Very interesting statements and also very true ones! I am intrigued to see where all this goes

  • SeanJ - 2011-06-28 13:05

    about time

  • InternetMan - 2011-06-28 13:07

    Well said Blade and thank you for speaking up.

  • Romac - 2011-06-28 13:11

    Julius Malema should be taken down a peg or two, he is goading the bored unemployed youth to hatred and if not stopped, this country will find itself on par with Zimbabwe, Julius wants to be another Mugabe

  • Bruce Fox - 2011-06-28 13:11

    Strangely for a Communist National Party secretary general....Blade seems tohave a fantastic grasp and appreciation of sound capitalist economic theory and its effective implementation. This is a guy I would give time to listen to.

  • Biko Lives - 2011-06-28 13:12

    Nzimande is the demagogue who has been brainwashed and powerdrunk by white capitalist wealth! Hance the first thing he did when we elected to office he bought two German sedans worth millions of workers money!

      senkgisha - 2011-06-28 14:18

      He better keep his mouth shut,remember this is te same man that took R500000,00 in a plastic bag,his sister is catering for government events and now is quiet cz his goals are real.

      gizzy - 2011-06-28 14:21

      Don't use the honourable Biko's name in vain. You are no Biko and I can tell you, he would have lambasted you for your diatribe. Take it from somebody that knew him. He was a venerable man that believed in non racialism and hard work.

      Virginia - 2011-06-28 15:14

      Biko your are an idiot, you need the white capitalists wealth and the Chinese and the Arabs and the Japanese because the money that has been stolen in this country is defiantly not going to be reinvested in it. Malema keeps on telling the people that the "whites" are the reason they have no jobs and are poor, but he does not tell them the amount of money that has been stolen out of the government coffer that was meant for them.

      sanele - 2011-06-28 15:40

      yeah you right he is but what nationalization will do much harm then good. how do you distribute the wealth ?? .how would you create jobs??,How do you share the wealth You can only share so much with the millions of people .people are selfish we just swapping the process to people who dont even know how to run those enterprises

  • the_truth - 2011-06-28 13:12

    At least someone with brains!!!!!, JM please join your comrade!!!!!!!!!!! JM, some words for you: Only the rich will buy the majority of shares (if some will not be given away FOC to comrades), and they will have so much power and influence, they will but the poor out in no time, then what??. Oh yes, stupid question, you and your ANC comrades will run the mines into te ground with your standard 4 grade.

      PB - 2011-06-28 13:56

      Socialism - a great idea 'til you run out of other people's money

      Appietrader - 2011-06-28 14:38

      Very true comment. Must congratulate Blade and you for your insight.

  • lance.twala - 2011-06-28 13:15

    I agree with Blade as much Julius is saying we need to Nationalization but it wont help the POOR.

      TheUgly - 2011-06-28 14:08

      Don't believe everything Malema says. He's not that intelligent.

      senkgisha - 2011-06-28 14:16

      It would definetely benefit themselves like as government tenders.

      Virginia - 2011-06-28 15:10

      Iance.twala at least you can understand what Blade is saying, why cant the rest understand that the country will go down if everything gets nationalized. We are all on the same side in this country, we do not want the riches to be owned by outsiders, but we need these investors so that people will have jobs. The Boers fought the British for the same reason so this is nothing new.

  • african - 2011-06-28 13:23

    My home language is English. Will somebody please translate the jargon for me?

      capetonian - 2011-06-28 14:48

      He's a commie - that's standard "commie" jargon. But I bet he doesn't live in a "worker's" house, or drive a "worker's" car, or earn a "worker's" salary. We probably have the highest earning commies in the world with soft jobs in Government or parastatals. A complete anathema to me seeing that most commie states have failed horribly. Julius is a cynical political opportunist - full stop!

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