State Capacity Should Not Be Interventionist
Summary by Rational Standard
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1 Articles
State Capacity Should Not Be Interventionist
Photo by Danist Soh on UnsplashIn South Africa most political parties concur on the necessity of a capable state. This state capacity often translates to state intervention in the economy, which can have negative consequences. Typically, this results in high unemployment and low economic growth, rather than justified intervention aimed at protecting life, liberty, and property.South Africans have been subjected to the rationale of state interven…
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