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Capitalist Overlords Strangle Innovation: The Hidden Billion-Dollar Toll on Your Freedom

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A million reasons monopolies don't work

SHOCKING EXPOSÉ: How a STATE-SANCTIONED TELKOM MONOPOLY HELD SOUTH AFRICA HOSTAGE for decades is finally being shattered – and the truth about who REALLY built the internet is a DAMNING indictment of government failure.

Vumatel has just signed its ONE MILLIONTH fibre customer – a milestone that should have been a NATIONAL CELEBRATION but instead reveals an UNFORGIVABLE SCANDAL. While Telkom, the former state-protected behemoth, milked the nation with overpriced, laughably slow ADSL for THIRTEEN YEARS to reach the same pathetic number, private competitors did it in a decade with BLAZING speeds. This isn’t just progress – it’s a PUBLIC SECTOR FAILURE of EPIC proportions.

THE GRAND LIE IS OVER. For years, citizens were fed the narrative that only a giant state-backed entity could connect the nation. The reality? Telkom’s “exclusive concession” was a license for ECONOMIC SABOTAGE, extracting billions in “rent” from a crumbling copper network while the world left South Africa in the digital dust. Their instinct was NEVER to innovate, but to DEFEND their cash cow until competitive fibre BURIED it.

Now, the most EXPLOSIVE twist: the fiber surge reaching townships like Soweto and Khayelitsha isn’t driven by government programs or noble policy. It’s PRIVATE COMPANIES, chasing profit at razor-thin margins with prepaid fibre for R5 a day, achieving what DECADES of state planning and taxpayer money FAILED to do. They are quietly bridging the digital divide Telkom’s monopoly IGNORED.

This is a WAKE-UP CALL that shatters the myth of state-led development. The fibre connecting millions today was built with NO government subsidy, NO central plan – just risk-taking entrepreneurs filling the void left by a FAT AND LAZY incumbent. If this is what competition can achieve in one sector, imagine the potential NATIONWIDE if the dead hand of monopoly and bureaucracy were lifted.

The evidence is now irrefutable: a protected monopoly didn’t just fail to deliver – it ACTIVELY STOLE a nation’s technological future. The question that should haunt every citizen is simple: what else have we been ROBBED of?



Edited for Kayitsi.com

Kayitsi.com
Author: Kayitsi.com

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