New Free Market Foundation paper reveals viable alternatives to government’s expropriation plans
23 June 2021
Johannesburg – The Free Market Foundation (FMF) published a new research paper highlighting the dangers of property confiscation (also known as expropriation without compensation) and nationalisation. It identifies at least five alternatives, each of which empowers the vulnerable, to the government's dangerous plans which simply empower the state.
Parliament is on the cusp of amending the Constitution to allow the government to confiscate property without compensation, and even to nationalise all fixed property. The Expropriation Bill, being separately considered, is the means through which the government will try to achieve this.
In his paper, Private Property, Public Interest: Alternatives to Confiscation and Nationalisation, author Martin van Staden discusses:
- The dangers of government’s proposed confiscation regime