politics Is Zimbabwe A Communist Country Like China?

[Bla Jedza]

What is the political and economic system in the current Zimbabwe situation?

 

[Queen]

Zimbabwe falls under capitalism.

But in reality, there is not a country which can be said to be a pure capitalist country. Every country will often have some kind of socialist influences too.

When I say "socialist influences", I am talking about certain sectors with public ownership mandated by the government for the sake of national economic management.

 

[Black Panther]

China is what you'd define as a "collective capitalist country" and not entirely a communist country in the traditional sense.

There is so much state-sponsored capitalism in China unlike what many people think.

In fact state-sponsored capitalism in China is the reason behind the success stories of many Chinese billionaires.

 

[Borrowdale Barron]

If Zimbabwe was a completely communist country there wouldn't be private-owned companies like Econet Wireless, Piko Trading Holdings, Intratrek Zimbabwe and so much more.

 

[Bla Jedza]

If Zimbabwe was a completely communist country there wouldn't be private-owned companies like Econet Wireless, Piko Trading Holdings, Intratrek Zimbabwe and so much more.

I though Econet Zimbabwe was a publicly traded company on Zimbabwe stock exchange. Why would characterize it as being a private-owned company?

 

[Borrowdale Barron]

I though Econet Zimbabwe was a publicly traded company on Zimbabwe stock exchange. Why would characterize it as being a private-owned company?

I said 'private-owned' in the sense that it is not a form of a state-enterprise venture. Like ZUPCO, ZESA or Chikurubi Prison.

 

[Bla Jedza]

I said 'private-owned' in the sense that it is not a form of a state-enterprise venture. Like ZUPCO, ZESA or Chikurubi Prison.

Chikurubi Maximum Prison... Haa?

 

[Borrowdale Barron]

Chikurubi Maximum Prison... Haa?

Oan don't you know prisons can be run as businesses? Look at the United States of America if you are in denial.

 

[Queen]

Chikurubi Maximum Prison... Haa?

There is something called prison–industrial complex although Chikurubi Maximum Prision doesn't fall under PIC (i.e. prison–industrial complex).

But if it did then it will be a business. As simple as that.