This week I thought I would write an article on an issue that I have been thinking about for the last month or so, which is the importance of family and morality in ensuring and safe-guarding the economic well-being of a nation. A strong family unit and a focus on individual moral development is fundamentally important if a nation is going to develop and progress economically.
Often we look at the Newly Industrialised Countries of the Asian bloc and we marvel at their productivity and examine their economic policies in the hope that we can learn something that will help us in our quest for development and growth on the African continent, but we tend to overlook the core qualities that pervade these societies which have made industrialisation and modernisation a reality in these nations.
These are qualities such as: the strict and disciplined lifestyle of the average citizen in these nations, a culture that promotes and encourages disciplined family values and a strong work ethic that dominates society. These are the kinds of things which African nations have neglected to focus on, to their detriment, in the quest for economic growth and development.
Not only is the family the basic social unit, it is the most fundamental economic force in society, the key to work, consumption, savings, investment and the whole future thrust of any nation. As a consequence, the continued assault on traditional family values may well be more destructive to our economic well-being as a continent than any of our faulty fiscal and monetary policies.
In South Africa, the break-down of the traditional family unit has necessitated the creation of an unsustainable welfare state, with social grants and state-driven social programmes being used to meet socio-economic needs, that in a healthy society would have been addressed within the confines of the traditional family unit.
A renewed focus on building strong, productive family units is essential if the continent of Africa is going to meet its developmental objectives. The African concepts of Ujamaa (familyhood) and Harambee (pulling together) could be very important in this regard. To further highlight the importance of building strong, productive family units in the quest for economic growth, note how economists will use measures such as “household debt” and “household savings” etc. as macro measures to gauge the health of a country’s economy.