17030936 J. Pieterse EKN 120 Essay .docx

17030936 J. Pieterse EKN 120 Essay .docx - Jethro Pieterse...

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Jethro Pieterse: 17030936 Land expropriation without compensation is a tried and tested formula for economic and social disaster. Throughout history nations such as the Soviet Union under the control of Stalin, China under the control of Mao Zedong and Zimbabwe under the rule of Robert Mugabe implemented policies of nationalizing land without compensation. This resulted in the greatest economic decline in these nations history. This stands true for any other state- owned reform which targeted private land ownership across history. The government wants to act as the custodian of land for the people in order to raise their standards of living however, they fail to take into consideration that these policies will lead to a rise in job scarcity, food scarcity, inflation and unemployment. “Sometimes changing political institutions may be insufficient, or even counterproductive, in leading to better economic outcomes.” as stated by James Robinson of Harvard university (1) Taking productive land and nationalising it will lead to a decline in food output and a rise in food scarcity. The cause of this decline is simply the fact that skilled, competent and experienced farmers will be replaced by uneducated, incompetent and unexperienced farmers who know limited amounts about agriculture. As a result productive land will be turned into unproductive and inefficient land where old fashioned farming techniques will be used. This will cause arable land to become environmentally barren. An example would be Zimbabwe where
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