Cyril Ramaphosa Quotes
We aim to restore our focus on building an economy in which all South Africans can flourish, an economy which benefits the people as a whole rather than a privileged few.
Ramaphosa, Cyril. "State of the Nation Address." South African Government, 16 Feb. 2018.
He was referring to the success of the Clinton Administration.
It has been the blue collar worker who has borne the economic brunt of globalization in the industrial democracies. It was their jobs who moved off shore, their wages that were under pressure from low wage workers in emerging nations.
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At the time of this quotation, the nation had gone through more than 3 decades of enormous increase in prosperity for the wealthy, and modest gains for the highly skilled, technically trained workers. However, correcting for inflation, average salaries did not increase at all. The middle class was particularly hard hit. Only 20 percent of the population benefitted from the growth at all; however, the 1 percent had rarely prospered more. Kenworthy’s principle did not apply for this period of American history.
Matamela Cyril Ramaphosa is a South African politician serving as President of South Africa since 2018 and President of the African National Congress (ANC) since 2017. Previously an anti-apartheid activist, trade union leader and businessman, Ramaphosa served as Secretary General to President Nelson Mandela, Deputy President to President Jacob Zuma, and Chairman of the National Planning Commission from 2014 to 2018.