Thursday, August 19, 2010


Socialist Banner read this article from Vince Musewe, an independent Zimbabwean economist based in South Africa.

He made these observations about Zimbabwe:

"In our naiveté in 1980 we assumed that once and for all the colonial master's hold on our economy and social life was now history and it was time to witness the rise and rise of a liberal and democratic social economy led by the new black generation who had been waiting in the wings for some time...However, we have seen the rise and rise of a black capitalist class whose behavior and interests mimic those of our colonial masters. We have seen the merging of the state and Zanu PF and a central command directing all social and economic activity to ensure that the party and the state remain as one."

And added these comments about South Africa:

"...the ANC-backed black capitalist class who in my view, as shown in Zimbabwe, are prone to behave in no way different to the very white capitalist class they seek to replace as they usurp economic control hiding under nationalisation or the misguided broad-based economic empowerment platform."

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