Re-imagining economics in the time of Corona
South Africa is a deeply unequal country at the best of times, with an unemployment rate of 39% (including unemployed people that have given up looking for work). With the Covid-19 pandemic and the lockdown of the country and its businesses, many more jobs are in jeopardy, companies are going under and millions more people face an uncertain future.
This is an unprecedented time for the global economy, and South Africa is no exception. What are the possibilities for South Africa at this time? How do we traverse this catastrophe as a country? Is the Basic Income Grant the answer and how do we afford it? Are there opportunities for South Africa to come out of this as a more economically just society? What is business unusual and how does this look in practice?
Host: Nontobeko Hlela: Researcher Tricontinental: Institute for Social Research (South Africa)
Panelists: Busi Sibeko from the Institute for Economic Justice (IEJ) and Duma Gqubule from the Centre for Economic Development and Transformation
Watch this webinar here