Have you ever wondered why it is that since the 1890s, we have been exporting raw minerals without meaningful value addition? CAPITALISM is an economic system that advocates for the individual ownership of factors of production and is grounded by the desire for one to maximise their profit. Economists call it maximising ones ‘utility’ which can be considered a sense of satisfaction. Indeed if one were to create an economic model of an industry or an economy, that model will one way or the other, have to assume that every individual or company makes economic decisions in a way that aims to maximise its utility/profit. In my humble opinion, I believe that this basic tenet, on…