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Nairaland Forum / Nairaland / General / Politics / Cbn Threatens To Sack More Bank Mds (3655 Views)
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Re: Cbn Threatens To Sack More Bank Mds by manny4life(m): 10:06pm On Dec 05, 2010 |
orgasm: U.S. is a Capitalist economy and Nigeria is a Mixed economy, huh? Please come again. Can you please define "mixed economy" in this particular context? The last time I checked, a mixed economy is one in which both private and government both play important roles with regard to production, consumption, and investment. It's a mixed economy did not say one has control over the other and the last time I checked, the banking industry is 100% privately owned, I'm yet to see a FG owned bank, so that your "mixed economy" failed its test of reason on this one. Besides, don't confuse yourself, when they discussed about economies, its simply explaining how each part play a role in the allocation of scarce resource, production, capital etc pretty much everything on the macro economic level and you said it yourself, that does justify what laws are in place. A mixed economy does not call for government control of private organizations, but rather a shared responsibility between the both, perhaps intervention of the government when it’s needed. Again when you fire a CEO, you pretty much have an authority to decide day to day control of the company. A mixed economy “DOES NOT” call for control but rather swift intervention if need be. For your correction, the U.S. does not practice a 100% of Capitalism; there is some degree of socialism practiced as well. The U.S. uses to a certain degree a mixed economic system to balance its economic system. |
Re: Cbn Threatens To Sack More Bank Mds by bignaija(m): 7:51pm On Dec 07, 2010 |
na wah |
Re: Cbn Threatens To Sack More Bank Mds by AjanleKoko: 2:55pm On Dec 09, 2010 |
cecegorz: Na only bank? In my previous job we dropped an E1 at the home of the expat COO, for free IP voice and data. All at company expense. |
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