Bills, Bills, Bills

You need 'Jobs' to pay bills. Steve Jobs,  created wealth and employment through Apple. US industries like; banks,the car sector, IT and armaments  show when government supports  industry, the jobs will follow. In all successful countries, government support is essential for job creation. To realize the talent of a Steve Jobs, innovation needs to flow through unrestricted.

Government support is key. Entrepreneur industrialists including Steve Jobs, Dale Carnegie and Harold Ford, could not create wealth without the  environment favoring wealth creation. Conducive environs ensure macro-economic stability, rule of law and monetary order. Such environments encourage genius. Talented individuals are not state persecuted ,but encouraged and motivated through policy.

Government can destroy enterprise.In Zimbabwe, our own smart ones are hounded by the government. Mutumwa Mawere, Strive Masiyiwa, Nigel Chanakira...the list is endless, were, and still are  deliberately hindered by a corrupt state. Can you imagine Bill Gates in a place like modern Zimbabwe?- he could not have made a $100 000 , given the corruption & bureaucracy in our country. The greedy politician is destroying Zimbabwe's potential. As talent is destroyed the country cannot pay its bills.

Blame Games

Zanu PF has conceded defeat, already, with regard to employment creation. Since 1980, unemployment (in the formal sector) has crept up from 7% to 95% today. At election time, Zanu PF  promised to create 2 million jobs in the next five years. Zanu PF has now declared these jobs will not be forthcoming as the result of sanctions.

Ian Smith governed under international sanction and still created jobs. This was achieved by preserving industry. Since independence, Zanu PF has commandeered the destruction of industry. Year after year has brought one excuse after another.

Year after year, lofty economic blueprints are presented to no avail. Each economic plan and blueprint brings with it further economic decline. Before blueprints are implemented, Zanu PF is ready to blame this or that for repeated failures. About time the revolutionary party took some responsibility and delivered at least some semblance of democracy, thus allowing Zimbabweans the opportunity to compete and prosper.

Counting The Cost

Development has a price. Luke 14:28, tells the parable of a builder wanting to construct a tower, before starting the project the contractor ensures all costs and contingencies are taken into consideration.

What is the price of dictatorsip? Underdevelopment is one and poverty is another. Talk of a returning Zimbabwe dollar is being encouraged in nationalist circles. This will only signal the return of inflation.

Dictatorship stifles the majority. Ideas are muzzled and one party cannot encourage diverse ideas. Zimbabwe has no industry, this is the nation's Achilles's heel. Bringing back the Zim dollar, without productive capacity to boot, will push the country ten years back. Indigenisation of the service industry, foreign banks being the main target, will initiate the final collapse of Zimbabwe's economy. When banking indigenisation is completed, be warned, The Zim dollar, with many zeroes, is coming back.

Zimbabwe Economics-Missing Link

Industrialization is evolutionary. Economic models will not help the Zimbabwe economy transition from its current supermarket subsistence state. As shown by the USA, UK, Japan, Germany China and Brazil, heavy duty state support in technological development, on top of state financing of core industry, is needed to seed the development of a reasonable industrial state.

Zimbabwe needs to manufacture. Growing industrial output will:

• Reduce the 100% dependence on foreign manufactured goods.
• Improve employment chances for millions who are unemployed.
• Relieve poverty for 90% of the population currently living in absolute poverty.
• Help reduce corruption, crime and rampant poverty-induced immorality.

Even Ian Smith protected industrial capacity, in the midst of sanctions. Smith ensured Rhodesia protected its core industry.

Government needs to rebuild industry. Policy, made by government, should support industry. As productive capital graduates through subsistence, cottage industry, infant industry, core industry and finally heavy industry- the invisible hand of government is needed. Government plays its hand at every stage of industrial evolution. So far, government has seen industry devolve from core infant industry to supermarket: sub- subsistence levels.

Lets work smart. The Zimbabwe economy cannot live on piss poor planning. Zimbabwe economics should engender smart strategies that deliver employment for the masses of Zimbabwe. Zim economics should not be hijacked by populist, pseudo-socialist,  mantras that do not deliver industry and employment . No more half-baked models, the Zimbabwe economy should see results.