The economic dynamic in Zimbabwe is perversely robust: while ordinary people suffer, black-market dealers and people with foreign bank accounts prosper, making them powerful stakeholders in the perpetuation of devastating economic policies.
Interpretation
The quote highlights the paradox of Zimbabwe's economy, where hardship for many coexists with prosperity for a privileged few.
Samantha Power's quote sheds light on the complex economic landscape of Zimbabwe, where severe economic challenges faced by the general population contrast sharply with the fortunes of black-market dealers and those possessing foreign bank accounts. This disparity creates a situation where a small, wealthy group benefits from and sustains detrimental economic policies, indicating a deeply entrenched system of inequality that impacts the broader society negatively.
In practice
In a social media discussion about economic policies and inequality.
Sanctions did indeed help to bring Iran to the negotiating table. But sanctions did not stop the advance of Iran's nuclear program. Negotiations have done that, and it is in our interest not to deny ourselves the chance to achieve a long-term, comprehensive solution that would deny Iran a nuclear weapon.
Zimbabweans are severely malnourished, and deaths from starvation occur even in the cities. The country has not yet suffered nationwide famine only because international donors have stepped in.
Western governments have generally tried to contain genocide by appeasing its architects. But the sad record of the last century shows that the walls the United States tries to build around genocidal societies almost inevitably shatter.
No more than a surgeon can operate while tweeting can you reach your potential with one ear in, one ear out. You actually have to reacquaint yourself with concentration. We all do.
When dictators feel their support slipping among adults, it is not unusual for them to alter school textbooks in the hope of enlisting impressionable youths in their cause.
Throughout history, when societies face tough economic times, we have seen democratic reforms deferred, decreased trust in government, persecution of minority groups, and a general shrinking of the democratic space.
The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.
People who live in poor countries have to be entrepreneurial even just to survive.
Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.
The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
When corporations refuse to practice due diligence by not establishing grievance mechanisms for remedy of abuses against the hidden 94% of their workforce in their global supply chains, they perpetuate a depraved model of profit-making that has driven inequality to a level now seen as a global risk in itself.
President Bush announced his new economic plan. The centerpiece was a proposed repeal of the dividend tax on stocks, a boon that could be worth millions of dollars to average Americans. Well, average stock-owning Americans. Technically, Americans who own a significant amount of shares in dividend-dealing companies. Well, rich people, that's what I'm trying to say. They're going to do really well with this.
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