It seems that Zimbabwe is, after all, a world leader. Mugabe’s government which followed the IMF and World Bank’s neo liberal plan for their economy to the letter, has shown us all how these policies will finish up.
The austerity medicine prescribed for Zimbabwe by the world Bank, Included oppressive and harsh debt repayment, and massive tax cuts for the rich, all funded by the privatisation of virtually every public service and national asset, and by slashing the ‘social wage’.
(doesn’t this all sound familiar?)
The mantra was “Free Enterprise knows best” .
Now the whole world is learning the harsh lesson that the people of Zimbabwe have seen played out in their country.
As one commentator once said, “Free Enterprise – means free foxes in a free chicken run”.
It seems that most governments including President Obama’s and ours, instead of getting their shotgun, like any sensible farmer would do, is instead feeding the fox more chickens in the forlorn hope that this will make him satisfied.
The Zimbabwe example shows that this fox will never be satisfied until your economy is wrecked and your people are unemployed and starving.