2024's Nobel Prize for Economics recipients Daron Acemoglu, Simon Johnson and James Robinson won it for research showing that countries - societies - with poor institutions and laws that exploit their populations do not generate growth or progress. The research is also based on Acemonglu's and Robinson's book Why Nations Fail (2013). I'd heard they won the Nobel and why and thought little of it. But thanks to a YouTube video that explained their research, I understood it and knew it explained why SA has done so badly, except for the initial five years or so post-1994, and is continuing to do so: that institutions and the rule of law under the ANC has and is failing and shall continue to do so. SA shall reach near-failed state by 2030 as things are going. Failing ANC-run municipalities, particularly in the Free State, illustrates this well, as have numerous examples over the last 30 years. It's something Greg Mills and others have written about too, eg Mills' ...