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Nigeria Won't Get It Right With CAPITALISM alone. - Politics - Nairaland

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Nigeria Won't Get It Right With CAPITALISM alone. by menuBar(m): 10:14am On Jan 05, 2019
The beauty of the social science disciplines like sociology,anthropology,economics and political science is in it's resolve to identify and prescribe solutions to social institutional problems.

CAPITALISM is widely regarded as a system of economic production where the means of production are owned by those with access to power,prestige and wealth.The rest of the population lacking in power,prestige and wealth form the bulk of the population called the wage workers while the few who are wealthy are called the capitalists.

PREHISTORIC Africa( i.e before the invasion of Africa by Europe and before feudalism),largely practiced a homogeneous social system of hunting and gathering society.In this society,revenue was shared equally among members of a clan.

Nigerias POPULATION BEING ESTIMATED AT ABOUT 170,000,000 can't gain much with an annual budget of 8 trillion naira.If we take a hint from the industrialization era of Europe,when the cities began to get over populated because the people from rural areas migrated there in search for waged jobs,and the consequences such as inadequate housing,lack of proper health care services,poor working conditions etc,Nigeria can learn a lot from history.

My proposition is that the rural areas should be restructured to practice socialism while capitalism thrives in the cities with a budget of 8 trillion naira.Modalities on how this system will function can be carried out with the necessary support like a national conference.
Now i know many will have their say,please know that your knowledge might give birth to a new era in human history.

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