The BRICS are not what they intended to be, never really were.
Today it’s clear that fascist-turned Brazil is out – so we are at RICS. There is not much to argue about. The world’s fifth largest economy, Brazil, has failed and betrayed the concept of the BRICS and the world at large. Whether you consider South Africa as a valid member of the BRICS is also questionable. Much of SA’s social injustice has actually become worse since the end of apartheid. Ending apartheid was a mere political and legal exercise.
Distribution of power and money in SA have not really changed. To the contrary, it worsened. 80% of all land is still in the hands of white farmers. This is what President Cyril Ramaphosa wants to change drastically, by confiscating white farmers’ land without compensation and re-distribute it to black farmers, who have no formation of how to run these farms. This is not only utterly unjust and will create internal conflicts, the last thing SA needs, but it is also very inefficient, as farming and agricultural production will decline most likely drastically and SA, a potential exporter of farm and agricultural goods, will become a net importer, a serious hit on South African’s economy.
The principle of redistributing land to the black African society is a solid one. But not by force and not by confiscation without compensation, nor without an elaborate training program for African farmers – to lead to a peaceful transfer – all of which does takes time…