By Atticus | 8 January 2007 - 3:35 pm - Posted in Development, Politics

Why has South Africa been so dilatory in its response to HIV / AIDS? Patrick Bond, research professor of political economy in the University of KwaZulu-Natal School of Development Studies, notes in a recent book that

In even relatively prosperous South Africa, an early death for millions was the outcome of state and employer reaction to the AIDS epidemic, with cost-benefit analyses demonstrating conclusively that keeping most of the country’s five to six million HIV-positive people alive through patented medicines cost more than the people were ‘worth’.
(Bond, 2006, p.8)

He cites, in illustration, an internal study by the vast Johannesburg/London conglomerate Anglo American Corporation, reported by the Financial Times, which determined that

the cut-off for saving workers in 2001 was 12 per cent. The lowest-paid 88 per cent of employees were more cheaply dismissed once unable to work, with replacements found among South Africa’s 42 per cent unemployed reserve army of labour.
(Bond, 2006, p.10, footnote 13)

Think health … think politics … think money.

References

Bond, P. (2006). Looting Africa: The Economics of Exploitation. Pietermaritzburg: University of KwaZulu-Natal Press. ISBN: 1869140958. [Amazon]

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By Atticus | - 3:34 pm - Posted in Development, Politics, Whatever

Larry Summers, former World Bank chief economist, Treasury Secretary in the Clinton administration, and subsequently president of Harvard, in an internal memo leaked to the environmental community and quoted in Bond (2006, p.8):

“I’ve always thought that underpopulated countries in Africa are vastly under-poluted, their air quality is probably vastly inefficiently low [sic]. I think the economic logic behind dumping a load of toxic waste in the lowest-wage country is impeccable and we should face up to that.”

Scary, huh?

References

Bond, P. (2006). Looting Africa: The Economics of Exploitation. Pietermaritzburg: University of KwaZulu-Natal Press. ISBN: 1869140958. [Amazon]

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By Atticus | - 3:34 pm - Posted in Whatever

Back online (and back to work) after four weeks in South Africa.

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