FMF NEWSLETTER 8 NOVEMBER 2017

Temba A Nolutshungu, FMF Director, accepting award

On 4 November 2017, in the Artscape Opera House in Cape Town, the Impumelelo Social Innovations Centre, in partnership with the Distell Development Trust, announced that a Panel of Judges had selected the FMF’s Khaya Lam (My Home) Land Reform Project as a PLATINUM Award Winner 2017! The Impumelelo Social Innovations Centre, for 17 years, has promoted initiatives in civil society that improve the quality of life of the poor in exceptional ways. Awards are made on rigorous evaluations, uncovering what is good and what works in South Africa. More than 500 people attended the event including FMF representatives Temba A Nolutshungu, and Perry and Veronica Feldman.
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Dear friend of the FMF

In this week’s feature article, Temba Nolutshungu explains why high economic growth will improve the lives of all South Africans. He warns against the destructive nature of Thomas Piketty’s proposed punitive tax and redistribution measures. These proposals ignore the fact that human beings are different and need to be free to use their different talents and abilities. Some are risk-takers who either benefit from the risks they take or pay the price of their failures, while others opt for less risk and lower incomes. All should be free to follow the options they prefer. In South Africa, a whole plethora of policies should be abrogated because they negate the economic freedoms of individuals and thus detrimentally impact the socioeconomic welfare of the country.

The higher the growth, the better human wellbeing – TEMBA NOLUTSHUNGU

That better human wellbeing is the outcome of higher economic growth is illustrated by the findings published in The Economic Freedom of the World report. The report ranks countries according to measurement of their level of economic freedom. South Africa currently features at position 95 out of 159 countries (Economic Freedom of the World: 2017 Annual Report). After being placed 46^th in 2000, South Africa’s measure of economic freedom has gone into a sorry decline, hitting 70^th in 2005 and 82^nd in 2010.

ANC Conference must adopt real radical economic transformation – not more of the same paternal statism

Wednesday, 15 November MEDIA BRIEFING – Leon Louw – SAA: The facts beyond the hype @11h00 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=165

Wednesday, 22 November EVENING EVENT – Adrian Saville – Paths to prosperity: Lessons for a six-pack solution @17h45 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=164

LIVE STREAMING IS AVAILABLE FOR ALL EVENTS via the FMF’s Facebook page: https://www.facebook.com/FMFSA/  –  All events are then uploaded onto ChannellFMF on YouTube and are accessible through our website http://www.freemarketfoundation.com/ click on the + Follow FMF button on top right corner

How much money SA families with medical aids will lose to the NHI in 2018
South Africa does not need a higher minimum wage, it needs to improve its structural problems
True liberalism stands opposed to fascism

Media digest SEPTEMBER 2017 for all media coverage

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Knox Msebenzi – Common myths about nuclear
Jannie de Villiers –  Threats to food security... including transformation uncertainty
Neil Emerick –  Will South Africa crash and burn?
Garreth Bloor –  Want economic growth? Repeal bad law
Eustace Davie – Imagine living in constant fear of losing your home
Temba A Nolutshungu – Time for South Africans to live and let live
Temba A Nolutshungu – Statist ideologies vs Individual sovereignty
Russell Lamberti – South Africa: failing economy and life after the downgrade
Jasson Urbach & Johann Serfontein – NHI pie in the sky
Martyn Davies and Leon Louw – The secret of China’s success: innovation and entrepreneurship
South Africa: The Solution (1987)
Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
FMF –  A constitution worth fighting for (1996)
Leon Louw – Radical Economic Transformation
Rex van Schalkwyk – Rule of Law 1 of 2 – What it is not
Rex van Schalkwyk – Rule of Law 2 of 2 – What it is

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