Economy of South Africa - Property Rights

Property Rights

Former president of the ANC Youth League Julius Malema demanded the nationalisation of the mining industry, and urged the seizure of property from white farmers, similar to the policy enacted by Robert Mugabe in Zimbabwe which is widely blamed for bringing the country to economic ruin.

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Famous quotes containing the words property and/or rights:

    By avarice and selfishness, and a groveling habit, from which none of us is free, of regarding the soil as property, or the means of acquiring property chiefly, the landscape is deformed, husbandry is degraded with us, and the farmer leads the meanest of lives. He knows Nature but as a robber.
    Henry David Thoreau (1817–1862)

    ... in 1950 a very large slice of the white South stood at the crossroads in its attitude toward its colored citizens and [was] psychologically capable of turning either way.
    Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 8 (1962)