AS we await with eager anticipation Gideon Gono’s latest monetary policy review, is it not time for economic and financial analysts to cease their spouting of pious platitudes and tell it like it is?
Eric Bloch endlessly repeats what needs to be done in terms of economic policy to revive the economy.
He constantly advises government as if he is addressing a regime that gives a damn about the destruction for which it is directly responsible.
Bloch’s latest column (Zimbabwe Independent, July 14) is as repetitive as ever, telling government of the need to contain its profligate spending habits, telling it to reform its land reform programme by halting continued land invasions and telling it to restore relations with the international community, etc.
True to form, in the same column he sings the praises of Gono and suggests that the next monetary policy review together with the government’s fiscal policy review, “if realistically aligned to the NEDPP, could become the launch pad for the economy to begin an upturn once again”.
Really Mr Bloch, what dreamland do you inhabit? You certainly cannot be living in the land inhabited by the vast majority of suffering and struggling Zimbabweans.
Are you not aware that the chefs profit from the very crises that they create? Are you not aware that the Mercedes-driving, mansion-building kleptocracy care for nothing except their own enrichment? Are you not aware that the fundamental economic policies that have driven this country to the edge of ruin are based on two simple principles: steal or destroy it?
Bloch’s latest article ends with the statement: “History is there to be learnt from.” Absolutely, Mr Bloch!
But when will he learn that Zimbabwe’s economic transformation will not happen until there is a complete transformation of the political environment?
The transformation entails the removal of this disastrous regime which, although not of itself a solution, is a necessary precondition to any solution being implemented.
History should have taught Mr Bloch that certain regimes, by their very nature, cannot be reformed. They have to be removed.
One of the realities that adversely affects many of those in positions of power is their willingness to be surrounded by praise-singing sycophants. Perhaps Gono has fallen into this same trap.
May I suggest that when he presents his next monetary policy review, he does so before an audience of ordinary suffering Zimbabweans, rather than the usual gathering of chefs.
Perhaps an audience of unemployed residents from Mbare might be a more discerning and honest one than the chefs of the political and corporate worlds from Borrowdale. During one of his presidential election campaigns, former United States president Bill Clinton was famously associated with the remark: “It’s the economy, stupid!”
May I suggest that commentators such as Bloch and policy formulators such as Gono put up posters in their offices which read: “It’s politics, stupid!”
I’m sure the residents of Mbare understand this, even if economic commentators don’t.