To whom Is Botswana’s capital beholden?
Friday, August 08, 2025 | 270 Views |
Bean counters: The Ministry of Finance's headquarters in Gaborone
In a world where capital is either the servant of the wealthy or the master of the poor, who really benefits from Botswana’s capital? TIMOTHY LEWANIKA writes
Capital is a highly contested ideology, dating back to the conflicting theorems posited by Karl Marx and Adam Smith. The two sides of the capital ideology coin have shaped how countries forge developmental paths. For one side of the aisle, the means of production should be controlled by the State for equal distribution while the antagonists believe private capital should control the means of production and profit should be a reward to labour and effort.
‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...