Trade on the Streets, and Off the Books, Keeps Zimbabwe Afloat
This NYT article got me thinking about how a crisis like this might contribute to some understanding of how people respond to “degrowth”. Are there any positive or potential elements of community or a transition from capitalism to commoning amidst the tragedy and suffering of Zimbabwe?
“From 2011 to 2014, the percentage of Zimbabweans scrambling to make a living in the informal economy shot up to an astonishing 95 percent of the work force from 84 percent, according to the government.”
“Once one of Africa’s most advanced economies, Zimbabwe has rapidly deindustrialized and shed formal wage-paying jobs, forcing millions like Mr. Chitiyo to hustle on the streets in cities and towns.”