Monday, March 1, 2010

A great way to stay poor - Or 'Mugabonomics 1001'

You are poor if you are not able to consume many things. You know, things like clean water or food or a roof on your house or basic medication or basic education like learning to read. Life's little luxuries.

If you want to consume these nice things, you have two choices: you can either make them for yourself, or you can make something else and swap.

Either way, to consume, you must produce. Countries that are rich are rich because they produce a lot. That means they are able to consume more.

Mugabe has found another great way to keep his people poor. First, he did his best to take farms away from people who know how to produce food for everybody, and gave them to his friends and family who (shock horror) didn't seem to be able to produce as much food as, say, actual farmers. There was less food for everyone (and obviously, the poor suffer most).

Now, after ensuring that food production lies with people who are not very good at producing food, he wants to ensure that Zim produces even fewer things that they could swap with food. How will he do that? By making sure that every large firm is out of those evil foreign hands. You know, those evil foreign hands that ensure your country produces things - things you can consume or swap with other countries for (say) food (since you can no longer produce enough to feed your people).

I'm sure this time it will be a great success.

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