Let’s find out by comparing official EFF policies with section 2 of the communist manifesto:
Official EFF policy: “EFF’s approach to land expropriation without occupation[sic] is that all land should be transferred to the ownership and custodianship of the state”
There doesn’t appear to be any official EFF documentation on tax policy, which is peculiar. They have big plans for spending (providing 'free' healthcare and education etc.), but they don’t say how they’ll raise the money to do so.
- Abolition of all right of inheritance.
No policy with regards to inheritance. Not that the filthy capitalists will have much to give to their children, since most of the wealth will have been taken through force, and given to the people.
It’s probably safe to assume that Malema and co. won’t have a favourable view on inheritances.
Official EFF policy: “The EFF will limit foreign ownership of strategic and monopoly sectors”
Every popular political movement needs an enemy within, and an enemy without. Foreigners are the enemy without. It’s easy to blame faceless, nameless foreigners for your woes. Your rhetoric and anger need a target. And what’s a better target than the defenseless ‘foreign imperialist’ boogeymen?
- Centralisation of creditin the hands of the State, by means of a national bankwith State capital and an exclusive monopoly.
Official EFF policy: “The EFF-led government will establish a State Bank, which should be accompanied by the transformation of the financial sector as a whole”
It is unclear how a state bank will differ from the privately owned central bank/reserve bank system South Africa, and the world, is using now. Whether the new central bank is used to further state and/or corporate agendas through their day-to-day activities of market manipulation (bail-outs, money printing, devaluations, artificial interest rates) makes little difference. I am already skeptical of qualified economists in ivory towers (central banks) making economic decisions that affect billions, so I can’t think of anyone in EFF circles who I would trust with the monetary printing press.
You can read the full article here.