Rob Hersov calls for a capitalist reawakening: “Capitalism works, Socialism doesn’t”

Loading player...
In a conversation on this morning's BizNews Briefing, outspoken entrepreneur and “capitalist activist” Rob Hersov doubled down on his call for South Africans to embrace capitalism as a path to growth, jobs, and innovation. Sharing his thoughts on how socialism and its ideals have gained surprising traction, Hersov expressed concern over the influence of leftist ideology on young minds, educational institutions, and policymakers in South Africa. Hersov’s call to action? For advocates of capitalism to step up, support the system that, in his view, has historically proven successful and fuelled prosperity.
31 Oct 2024 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min