WithinCountry Diversity
Is it the key to South Africa's prosperity in a changing world?
Steven Michael Burgess The Graduate School of Business, University of Cape Town
INTRODUCTION
My feelings derive from a time in my University's past. It was the early 1930s. The world was mired in the Great Depression and people generally agreed that governments should intervene. It was during those gloomy days that Professor William Harold Hutt, an economist and Professor of Commerce at the University of Cape Town, first proposed the notion of consumer sovereignty (Hutt, 1934; 1936). Hutt eschewed the primacy of government, capital, labour,...