Word: capitalisme
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Mugabe's socialism came about through the ballot box and was largely the work of a few Black leaders rather than a large scale movement led by the working class. The transition from capitalism to socialism cannot be the work of a few elites, especially when they run a country...
OBSERVERS OFTEN flippantly slap a socialist label on many third world countries which have state-run economies, do not guarantee Western-style political rights or do not accept the imperialist foreign policy of superpower nations. But, the Zimbabwean political economy today represents something much closer to state capitalism than socialism...
The case to today's Zimbabwe is something entirely different than the formal definition of socialism. There is still a working class and a capitalist class in Zimbabwe. In fact, workers there have have felt the debilitating effects of capitalism just as harshly since Mugabe took office as when the...
Rather than moving towards socialism, Zimbabwe seems to moving towards a social system resembling today's Russia. Mugabe says the country will soon have a one-party rule. In running the economy, this party, just like the Russian Communist Party, will have to operate within the framework of international capitalism...
Divestment has caught fire precisely at a time when the cult of the dollar has reached its height and arguments for the inherent morality and justness of capitalism ring most shrill. The movement urging Harvard to divest of its $580 million in South Africa-related investments is an important step...