In South Africa, the ruling party's Youth League, and it's president, Julius Malema keep promoting the nationalization of the country's mines. They recently sta

In South Africa, the ruling party's Youth League, and it's president, Julius Malema keep promoting the nationalization of the country's mines. They recently started threatening to destabilize Botswana, because they claim it is a "tool of the west"' while supporting the Zimbabwe regime. Although nationalization is totally illogical, and unlikely to succeed (paying for assets at fair value would bankrupt the country, and doing a grab would collapse the country's reputation), they persist in pushing the issue. Reading this article, the seemingly irrational behavior of Malema and the Youth League seem to make more sense. There is of course, no evidence that shadowy groupings are attempting to ruin South Africa's economic system so they can swoop in and grab the ruins, but reading the article, it doesn't seem particularly far-fetched.