Reasons Why Africa Should Embrace Socialism Inorder To Develop. - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Reasons Why Africa Should Embrace Socialism Inorder To Develop. (3406 Views)
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Dollyak(f): 2:16am On Aug 22, 2016 |
Adaure4ever:The narrative 'White minorities must give up their ill gotten wealth for lazy Africans' has to be up there among the most ridiculous thing i've ever had the unfortunate chance of reading on this forum, and that's saying something.... How do we determine the people with unethical wealth? Where does this definition stops, especially with 3rd gen whitea minorities? This, in addition to the narratives about socialism screams of laziness to me. Most African countries would bankrupt and self implode before it starts. Venezuela is a perfect example of what Africa will be like if they dare adopt any form of socialism. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Jayceo(m): 3:15am On Aug 22, 2016 |
Adaure4ever:I see your Ideology. During your free time take out time to read this Nairaland post. A call to the youths. https://www.nairaland.com/3274457/calling-all-nigerian-youths |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Unemadu: 4:28am On Aug 22, 2016 |
i believe you are talking about communism and not socialism. China is even more capitalist than you think. Nigeria was actually more of a socialist country some years back but that didnt work either as all major industries were govt owned. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by WhoRUDeceiving: 6:02am On Aug 22, 2016 |
Story story. How are African countries going to embrace socialism or communism or any -ism or -cracy when most of them are still colonies held together forcibly to protect western companies and banks? You guys always receive the ball in an offside position and hope the referee will allow. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by mikolo80: 6:15am On Aug 22, 2016 |
Adaure4ever:I pray this never happens. How e wan even take happen sef Make i de work make baboon de chop impossican't |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by mikolo80: 6:18am On Aug 22, 2016 |
Adaure4ever:what did they do in Venezuela. The ignorance is much o |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by mikolo80: 6:19am On Aug 22, 2016 |
Adaure4ever:they were so brilliant. Yet nothing to show for the. Brilliance |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by mikolo80: 6:20am On Aug 22, 2016 |
Adaure4ever:don't fool yourself China is a capitalist state while India is socialist |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Nobody: 8:18am On Aug 22, 2016 |
Adaure4ever:it wont work out adaure4ever....African leaders will convert state assets to their personal belongings...it does have advantage only if African government can stop corruption willingly |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by ATERI(m): 10:20am On Aug 22, 2016 |
What Adaure4ever is saying here is not too different from the views being expressed in America through Trump and Sanders and in London through Jeremy Corbyn and Brexit. The youngsters that are instigating it have seen that between 1948 and 1972, every section of the American population experienced very similar and sizable increases in their standard of living. But between 1972 and 2013, the bottom 10% experienced falling real income while the top 10% did far better than everyone else. So the type of capitalism that neo-liberalism imposes on us is not fit for purpose. It was Keynesian policy and welfare capitalism that delivered the best result for the world up until the early 70s not trickle-down nonsense or globalization in goods, services and capital that was unleashed so as to devalue labour and the Unionised job market completely Banks, bankers and business leaders collude with the political elites around the world to enact the most draconian laws against mankind. Then 2007-8 crisis came but changed virtually nothing. If Robert Mugabe had turned the act of printing money into a policy, it would have been called voodoo economics, so what is quantitative easing? Well, it`s ok if it`s the West that is doing it. So the question is about how to tackle global inequality. The answer is well known by now: capitalism causes inequality, so it can`t be relied upon to solve it. The people that are beginning to think outside the neo-liberal box should be praised for doing so. Russia is respected around the world today not until she dumped blind and crass capitalism Of course, the way forward might be the mixture of the two ideologies. Somebody in Nigeria called it a little bit to the right and a little bit to the left. But the first thing is for all of us to accept that the status quo is not an option. Dr Martin Luther King said: " Communism forgets that life is individual, Capitalism forgets that life is social, and the kingdom of brotherhood is found neither in the thesis of communism nor the anti-thesis of capitalism, but in a higher synthesis. It is found in a higher synthesis that combines the truth of both " If this was relevant in the 60s, we need to take it more seriously today. The casualised economy that encourages global race to the bottom is unacceptable and that is what Anglo-American capitalism is all about. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by ATERI(m): 10:33am On Aug 22, 2016 |
Dollyak:Really? In other words, the merciful white man should be left alone to enjoy his loot in his majestic mansion from Nairobi to Congo? |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Nobody: 11:11am On Aug 22, 2016 |
ATERI:thankz, love ur intelligence sir. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Nobody: 11:13am On Aug 22, 2016 |
Cc: Lalasticlala and Mynd44 |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by ATERI(m): 3:01pm On Aug 22, 2016 |
Adaure4ever:You are welcome, my sister! |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by drss2(m): 8:21pm On Aug 22, 2016*. Modified: 9:06pm On Aug 22, 2016 |
op u need to go n do more research on socialism. socialism breeds laziness n mediocrity due to lack of reward n insentives. It discourages production of goods n services, thereby worsening d poverty rate n unemployment. compare n contrast eastern europe with western europe. wat u will notice is dat western europe is far technologically advanced dan eastern europe. unlike eastern europe western europe practiced free economy or capitalism were private citizens control economic aactivities. d more private pipul set up business, d more jobs ar created. more jobs means money in d pocket. more money in d pocket means more consumption. more consumption means more production of goods like agricultural n manufactured procducts. more production means more taxes for d govt. more tax for d govt means better infrastructure like roads, bridges etc. dat was how western europe outshine eastern europe economically even though they were on d same continent. in term of economic developement n technological advancement, eastern europe is a village. dat was why rate at which pipul from eastern europe struggled to enta western europe in d last 60 years almost trippled d migration periods to d new world wen columbus discovered america. u know why becos of too much hardship n poverty. d fastest way to poverty is socialism. wen eastern europe was under socialist russia, there was no incentive for pipul to venture into businesses n production. every means of economic activity belongs to govt. with govt at d center stage of production, poverty n scarcity of goods n services became d oda of d day. big govt will never translate to economic developement. america's current economic problems is fueled partly because of barack obama's big govt socialist policies. d fastest way to kill an economy especially a developing con3 like nigeria is socialism. case in point buari's govt. socialism is d worsest economic system on earth. even china with socialist political structure does not practice socialism economically talkless of mother russia, d birth place of communism (extreme socialsim). |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Nobody: 8:36pm On Aug 22, 2016 |
All that AFRICA needs to embrace is SINCERITY. Click www.nairaland.com/3238050/una-go-see-broom-stick |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by ChinonsoDike2: 8:54pm On Aug 22, 2016 |
You're out of your goddamned mind. I love how ideologues like yourself dress up these reprehensible social theories as something better than they are. You left out how implementing free market principles improved the standard of living in mainland China. http://www.businessinsider.com/how-china-went-from-communist-to-capitalist-2015-10 We've seen the result of Socialism from the Soviet Union to Venezuela. SOCIALISM DOES NOT WORK. It further increases the wage disparity between the elites and the serfs. Nigeria is already corrupt. Why give the corrupt government more power?! Capitalism is positively correlated with Economical growth and globalization. That alone makes it superior to socialism. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by Nobody: 10:20pm On Aug 22, 2016 |
Adaure, tell me you didn't got this inspirstion from me? Or one of my post on socialism at most. Good article though. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by jpphilips(m): 12:51pm On Aug 26, 2016 |
Adaure4ever:Socialism when your corruption is astronomical? Didn't you hear that China had a death sentence for corruption before Socialism worked? You guys should do more studying before rushing to open uninformed threads. |
| Re: Reasons Why Africa Should Embrace Socialism Inorder To Develop. by hackingdev: 1:03pm On Aug 26, 2016 |
Africa should do a thorough analysis of both capitalism and socialism before jumping at any. This will provide an opportunity for her to see the loopholes in each system and develop what best suit her people and environment. |
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becos of too much hardship n poverty. d fastest way to poverty is socialism. wen eastern europe was under socialist russia, there was no incentive for pipul to venture into businesses n production. every means of economic activity belongs to govt. with govt at d center stage of production, poverty n scarcity of goods n services became d oda of d day. big govt will never translate to economic developement. america's current economic problems is fueled partly because of barack obama's big govt socialist policies.