meta_pixel
Tapesearch Logo
Log in
Cato Podcast

Poverty and Economy in Mugabe's Zimbabwe

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 14 August 2008

⏱️ 7 minutes

🧾️ Download transcript

Summary


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Cato Daily Podcast for Thursday, August 14, 2008.

0:08.0

I'm Caleb Brown. A new deeper poverty is gripped Zimbabwe and the formal economy has utterly been destroyed

0:14.8

under the reign of Robert Mugabe.

0:16.8

Rejoyed Naganya, head of the Zimbabwean Coalition for Market and Liberal Solutions,

0:21.8

discuss the realities of life in Mugabe's Zimbabwe.

0:25.0

There is always this, you know, perspective of poverty that it's created by some kind of external force or

0:38.0

a natural calamity or some form of human calamity which society is not in control of.

0:47.0

But in Zimbabwe, we seem to have discovered a new type of poverty where a government that is driven by a compulsive desire

0:59.7

to control its people has been able to create some kind of sarcastic dependency,

1:09.2

you know, syndrome. That in itself is paralyzed the community to such an extent that the community is

1:16.9

in able, is not able to create a good life for itself.

1:22.1

And that's a sort of, that's a new type of poverty, a poverty where, a kind of

1:27.4

poverty where a whole nation has gone out of its way to create a deficit of goods and services and it's incredible.

1:37.4

It's a new innovation.

1:38.8

Now you say it's gone out of its way, how much of the poverty that exists in in Zimbabwe is by design meant

1:47.2

to centralize authority within Mugabe's circle of power.

1:54.0

Well, you know, when Mugabe took power, took over power in 1979, Rhodesia was one of the most sophisticated economies in Africa, a very strong engineering industry.

2:07.0

Tourism was one of the best and so forth.

2:11.0

But he got so carried away by Marxist-Leninist, you know, a dogma, which was rather

2:22.0

utopian and exciting for a new nation and the middle income probably

2:29.5

just bought the dummy as well. So Mugabe then was able to convince us that there was no form of government better than a government that is in charge of everybody's life, very socialist, very patronizing,

2:46.7

and very giving a very benevolent government, which we know is a welfare state.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Cato Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Cato Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.