PALI LEHOHLA | The capital conundrum: why Friedman’s shareholder model is a dead end

Two models of capital, one choice for South Africa: wealth capture that widens inequality, or wealth creation that builds it from the ground up, writes Pali Lehohla

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Sep 7, 2026 - 05:17
PALI LEHOHLA | The capital conundrum: why Friedman’s shareholder model is a dead end
Two models of capital, one choice for South Africa: wealth capture that widens inequality, or wealth creation that builds it from the ground up, writes Pali Lehohla
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