Mark Solms: giving his land back to farmers

Solms-Delta is a prize-winning producer of fine wines in South Africa. In our interview, Mark Solms, professor of neuropsychology and owner of the farm, explains what brought him to give half of the farm to his staff - putting an end to a 327-year history of slavery.
Read the article: www.juliusbaer.com/de/insight...
Follow Julius Baer:
- Corporate Website: www.juliusbaer.com
- TH-cam: / bankjuli. .
- LinkedIn: / juli. .
- Twitter: / juliusbaer
- Facebook: / bankjuliusbaer
- Instagram: / bankjuliusb. .
00:07 The system on inequality
02:27 Courage
05:26 The history
06:56 Reflection
09:24 Efficiency
10:38 A role model
About Julius Baer
Julius Baer is the international reference in wealth management, based on a solid Swiss heritage.
The story of Julius Baer began over 125 years ago with the vision of one man. In the 1890s the company’s founder and namesake, Julius Bär, established himself as a young and promising banker on Zurich’s famous Bahnhofstrasse.
What initially started as a humble family business has grown over the decades into the international reference in pure private banking, with more than 50 locations in over 25 countries worldwide.

[@adlipeck1457]

The fact that this has less than 1k views in 7 months while the Land Debate rages on is shocking. Truly inspirational.

[@maximus3974]

Very good interpretation of what Mark is doing. To give the farm back to the people who had lived there for many years realise their important role , not only to them , but also to the generations after them.

[@phemelodibodu8663]

Ubuntu101 thank you Mr Solms

[@codyedwards5827]

I admire your attempt at reconciliation and I hope things are working out well for the people who lived on your land. However I don't think this is a systemic solution. Loans are a tool of exploitation and bondage as much they are an investment in future prosperity. It not hard to image a scenario where banks and predatory investors do everything they can to squeeze value from and foreclose the lands of farmers who are unable to pay back the loans. If the state is able to take on the loans and ensure that no farmer collectives are exploited or foreclosed on, then that is wonderful. But Black South Africans will be in no better a position if Aristotelian White Land Owners are simply replaced by banks.
The only solution is abolition of private ownership of means of production. But obviously not everyone is going to be on board with this. In a sense, you are right to say that is in the interest of the wealthy to take inequality seriously, because there is a limit to the amount of exploitation that people are willing to accept. Unfortunately, the constrictions between the personal interests of the wealthy and the reforms necessary to actually take on material inequality are irreconcilable. The economic and political conditions that "create" wealth for a small few are also responsible for the material deprivation for the many. The owner class is rarely willing to reduce its own wealth and power in order to reduce economic misery. And if they are compelled to allow change, its temporary.

[@Wallyonpattayabeach]

Hectic. They just went into liquidation.

[@Groenkoors]

So now him, his neighbor and all the workers are going to loose all 3 farms. Nice

[@studyonline4763]

Undoing past wrongs is victory in itself.