A successful industrial strategy should include a mix o... :

A successful industrial strategy should include a mix o...


What kind of industrial policy is required to reverse deindustrialisation in South Africa? Bhaso Ndzendze and Tshilidzi Marwala recently opined that South Africa’s industrial policy needs to adjust to the “realities” of the Fourth Industrial Revolution (4IR) by using artificial intelligence and big data to identify markets. This, they suggest, will create and support jobs in “smart” factories (based on the “Internet of Things”) and combat unemployment, poverty and inequality.
This is wishful thinking. It imagines that South Africa, like the mythical African country of Wakanda in the superhero film Black Panther, can become rich enough to solve poverty and inequality through immensely powerful technology. Not only do they argue that 4IR offers meaningful economic salvation for South Africa, but they imply it is the only way to save us: we need to adopt “world-class manufacturing” or be condemned to replicate the failures of the past.

Related Keywords

China , South Africa , University Of Cape Town , Western Cape , South African , Nicoli Nattrass , Jeremy Seekings , Bhaso Ndzendze , Tshilidzi Marwalarecently , Society Research Unit , Department Of Technology , Institute For Communities , Fourth Industrial Revolution , Black Panther , Labour Intensive Development , Decent Work , Surplus Labour , Cape Town , Political Studies , சீனா , பல்கலைக்கழகம் ஆஃப் கேப் நகரம் , மேற்கு கேப் , நிகோலி ந்யாட்‌ர்யாஸ் , சமூகம் ஆராய்ச்சி அலகு , துறை ஆஃப் தொழில்நுட்பம் , நிறுவனம் க்கு சமூகங்கள் , நான்காவது தொழில்துறை புரட்சி , கருப்பு சிறுத்தை , தொழிலாளர் தீவிர வளர்ச்சி , ஒழுக்கமான வேலை , உபரி தொழிலாளர் , கேப் நகரம் , பொலிடிகல் ஆய்வுகள் ,

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