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This timely book sets out how ordinary citizens can reform our broken economy. Politicians curry favour with interest groups such as trade unions, public service workers, teachers and the unemployed, instead of serving the general public. Trade unions exploit labour laws to get benefits for their members without increasing productivity. Teachers enjoy sheltered employment without producing properly qualified learners. Formal employees abuse the bargaining-council system to push up labour costs imposed on employers and employees outside the system. Notoriously unproductive “public servants” enjoy above-market salaries in a growing sector that creates little to no economic value. Unemployed people, of whom there are 11 million, form the bedrock of our community of 18 million recipients of welfare grants. They produce nothing in return. The glue holding together all these forms of rent-seeking, is centralised government power, undergirded by laws and government spending. The author highlights that the system of rent-seeking has damaged moral fabric in this country, eating at it like a virus. It does not let go, because it contains the seed of destruction of any argument deployed towards dismantling it. Rent-seeking is embarked upon – invariably almost – in the name of some noble cause or other. And noble causes demand that we be on the right side of them, or risk being tainted as unfair, oppressive, right-wing or simply bad. Who in their right mind doesn’t want to protect workers against unemployment or exploitation, advance previously disadvantaged black citizens, improve the matric pass rate, help the poor with housing and money, build a strong public service?
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