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That is true, but any government intervention will make it worse. Were Zimbabwe to become free (capitalist) then the hereditary land banks would not last long.
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They might. The market based on capitalist property rights does not destroy power and unequal bargaining positions and it could reinforce them. It could leave a long term disadvantage for the propertyless and advantage for the large property owners which simply maintains itself and even increases.
And political power will tend to follow with the economic advantage due to the taking of all land by a few.