Prof. Sampie Terreblanche was one of our economics lecturers at the University of Stellenbosch. He is one of South Africa’s most respected academics and has been studying and lecturing on the subject of economics for decades.
This interview with him is well worth the time to watch it, and the message he delivers is clear. The only way for South Africa to progress is for white South Africans to make a few sacrifices.
The Whites were in the beginning of the 20th century, 20% of the population. When the transition took place in ’49, they (were) only 10%. Ten percent of the population has all these entrenched privileges. And to look at all these 4×4 cars that can’t be bigger than they are, to look at (the) monstrosities of houses that are built — the arrogance of the White people. They are not educated about their history. None of us deserve what we have because it was a cruel system. It was a system of…(unjust) as can be.
So the Whites will have to make a sacrifice. We cannot grow out of our…this situation. We will have to do something at the top to improve the position of the 50% at the bottom. There is no other way.
Back in the 80’s, Sampie was saying that there was no way the Apartheid system could continue economically for much longer. His latest message then should perhaps be taken to heart.