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Showing posts from August, 2013

Zimbabwe: Selling out the Masses in the name of Power Sharing

Zimbabwe: Selling out the Masses in the name of Power Sharing Written in March, 2009   The MDC majority opposition leader, Morgan Tsvangirai has been sworn in as the Prime Minister of Zimbabwe while his minority MDC faction leader Arthur Mutambara has also been appointed the Deputy Prime Minister of the country in a power sharing agreement introduced by the House of Assembly and signed into law by the 84-year old Robert Mugabe, the despotic president of the country. This process brings to some temporary end the wrangling between different layers of the ruling class in Zimbabwe which started as early as year 2000 but reignited after the March 2008 presidential election. Then, the MDC leader and presidential candidate, Morgan Tsvangirai had openly withdrawn from the presidential run-off, the first round of which he won marginally, citing brazen violence and state terror through unwarranted arrests and detention against his party members.   While his reason for...

Economic Meltdown: Capitalism’s Death Agony; In Search of Socialist Way Out

Economic Meltdown: Capitalism’s Death Agony; In Search of Socialist Way Out Written in October, 2008 Introduction That the world financial system is in a serious dire crisis is no more news both on the basis of news reeling out daily on the billions of dollars lost at the stock markets across the world, and the history of cyclical collapse of capitalist system. Also, that various critical analyses have been given by various, mostly bourgeois, commentators the world over on the current world economic crisis, who condemn the free market-induced financial/economic crisis and in some cases call for another Keynesian pill to safe capitalism is not new. However, what has clearly manifested from these analyses is the pro-capitalist approach which tend to portray the situation as a structural or managerial fault, which can be corrected by taking the 'correct' methodology to market system – governmental oversight control or responsible management practices. Most comment...