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Can't believe Nigerians who have experienced government failure every single day of their lives are rooting for more government control.
What gives?
What gives?
Was it not just yesterday we discussed how the success of the Nigerian entertainment industry (music, Nollywood, etc) has been due to a lack of government interference?
Before our very eyes, a new generation of successful Nigerians were moulded simply by making Instagram skits, making great music, influencing on SM, all by themselves, just by utilising capitalist tools.
Our tech industry is also booming organically and contributing massively to the economy (despite the government's failure, despite their inadequacies) all because young people had access to tools built by capitalists and decided to make things out of it.
I know it's easy to read up theories and get encumbered by the 'Americanization of things' (the world is a global village afterall) but our current realities should reinforce the basic idea that more government control of the means of production is a bad idea.
And it's not like it hasn't been tested out. The closest success stories for such ideas are countries practising socialist democracy (and somehow, these countries still recognise how important capitalism is).
Ughhhhh, this was just meant to be few tweets. What I am saying in essence is that the demonization of capitalism (an economic system that has proven to be successful and reversed the trend of poverty in a lot of countries) by theorists is unnecessary.
And that the alternative system being pushed with a promise of utopia is extremely unrealistic (and has failed over and over again).
