ABSTRACT
One ray of hope in the current government is finance minister Trevor Manuel, who is opposed to the Preston scheme, partly because it might scare off foreign investors. The finance minister, while no ardent free marketer, knows that a future South Africa must avoid becoming a playground for irresponsible economic thinkers. As the nation’s next president, Thabo Mbeki will have to decide whether to take advice from people like Manuel or from the likes of Preston. For the sake of South Africa, let’s hope he makes the right choice.
