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Eusebius McKaiser explains why we will be OK

| Market Forces

‘Yes, our democracy is facing very serious challenges.’
‘But we will probably be OK,’ was the view of political commentator Eusebius McKaiser at the 2016 i3 Summit hosted by Sanlam Investments and Glacier by Sanlam. ‘Provided we do a certain number of things to entrench our fledgling democracy and the institutions needed to sustain it.
‘Politics are complex and mercifully the quality of a democracy cannot be influenced by the ruling party alone,’ said McKaiser. He went on to provide three arguments to support his view that it is definitely premature for South Africans to pack their bags and head for Perth. In fact, if we can look beyond the negativity of daily news reports, this country is still a great investment destination for foreign investors scouting the globe for strong socio-political structures supporting their investments.
Firstly, we are a society that is respectful of law and recognizes the independency of the judicial system and the supremacy of the constitutional court. According to McKaiser we have some ‘designed wins’ originating from the CODESA talks of the early 1990s. If we compare our democracy with other democracies around the world, we come out very good. Strife between the state and the court can be expected. Democratic states worldwide routinely try and fight court judgements that force them to act in the best interest of the citizens. ‘Lawfare’ is not a reason to despair. Our judicial system remains a bulwark against the democratic failures of the state.
Secondly, we have excellent civil society organisations in all the important sectors of our society, putting pressure on governments – and corporates – to behave in the interest of the citizens. The TAC is one such an example. Another one is pressure group Equal Education, who got the government to agree on minimum standards for a functioning school. ‘When you have good civil society organisations they are as good as a strong opposition party, and we have those,’ said McKaiser.
Finally, opposition politics is the lifeblood of a democracy. Competitive politics is becoming entrenched and making it harder for the encumbent party to become arrogant. With the elections coming up on 3 August, the manifestos are out. ‘But voters seem to focus on imagery and aesthetics rather, which is where the EFF is winning hands down,’ McKaiser said in jest. But on a more serious note, it’s the EFF who is really tapping into the disillusionment of poor South Africans.
While we have the three most important components of a democracy in place, it is also vital for the private sector to step in to bolster our democratic strength. Yes, we still have strong civil society organisations. But the weakness is that many of these organisations are seriously underfunded. We see more and more Scandinavian funders withdrawing funding, reasoning justifiably that our democracy is now mature. This creates an opportunity for the private sector in SA to step in.
‘The private sector is not yet doing enough. And it really starts with how we structure our B.Com degrees in this country. There is still too much of a focus on profit and efficiencies and not enough on justice and fairness,’ concluded McKaiser.

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