South Africa: cautionary tale

Charges of fraud against South Africa’s finance minister, Pravin Gordhan, have been dropped. No disgrace attaches. It’s largely accepted he’s been framed for trying to expose a web of cronyism and graft spun from President Jacob Zuma’s office. Support for the minister’s efforts to ‘clean-up’ government is growing. But so too is the recognition that capitalism without corruption is fantasy. Continue reading