Opinion

Monday, 11 November 2019 06:16

The new anti-capitalism - Harold James

It should not be surprising that our era of rapid technological change has coincided with renewed skepticism of capitalism across Western countries. Yet this time is different, not least because of the rise of winner-take-all markets and a shift in the geographic center of the global economy. We are currently living through the most dramatic technological and economic transformation in the history of mankind. We are also witnessing declining supportfor capitalism around the world. Are these two trends connected, and if so, how? It is tempting to say that capitalism’s growing unpopularity is simply a symptom of Luddism – the…
Anyone who has access to a political barometer will see clearly that Aso Rock is quaking at the moment. The dusts the quake is provoking is so huge that it can block nasal passages. You only need to make use of the barometer and become Johnny Nash instantly. Nash? John Lester "Johnny" Nash, Jr. was an American reggae and pop music singer-songwriter who was best known for his 1972 hit song he labeled I can See Clearly Now. In the song, Nash acknowledged his erstwhile inability to visualize critical occurrences but proclaimed thereafter that, “I can see clearly now the…
I have lost count of how many houses of horror have been unearthed in various parts of the country in recent time, starting from the North before berthing, last week, in Ibadan, the Oyo State capital and famed largest city in West Africa. Apart from such houses being centres of cruelty and “man’s inhumanity to man” as Oyo State police boss, Shina Olukolu, was quoted to have said, all manner of occultist and satanic practices take place there. Only God knows how many destinies have been truncated, careers ruined, lives lost and homes wrecked by the evil operators of such…
In the 20 months since I wrote “Drafting a people’s manifesto” and “Further notes on the people’s manifesto” (February/March, 2018), a sufficient number of significant things have happened and are happening in our country, Nigeria, in the Nigerian Left, to the Nigerian Left and in the world to raise the level of the urgency of the broad suggestion I alternately called “draft” and “notes”. The use of these terms to describe my attempt was a cautious way of indicating that I was not, and could not be publishing a manifesto on behalf of the Nigerian Left. I could only suggest,…
When I set about writing this, two poignant quotes kept bouncing around in my head, which describe everything I want to express in this column. The first, by Martin Luther King goes thus: “Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.” The second quote, from a speech by US President John F. Kennedy at Yale University goes thus: “For the great enemy of truth is very often not the lie — deliberate, contrived and dishonest — but the myth — persistent, persuasive, and unrealistic.” These two quotes perfectly sum up my views on the…
After 40 years of neoliberalism, the verdict is in – the fruits of growth went to the few at the top At the end of the cold war, the political scientist Francis Fukuyama wrote a celebrated essay called The End of History? Communism’s collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and market economies. Many people agreed. Today, as we face a retreat from the rules-based, liberal global order, with autocratic rulers and demagogues leading countries that contain well over half the world’s population, Fukuyama’s idea seems quaint and naive.…
Wonders will never cease in this most wondrous and entertaining land. As they say it is one wonder per one day. When you are not hearing of some women forming The Mothers of Yahoo Boys Union, you are hearing rumours of a departing governor hurriedly granting state pardon to a recently convicted husband-killer who was immediately shipped out of the country. As soon as the news hit the airwaves of a Lebanese huckster who was hurled down from the ceiling of his luxury pile with his pouch of juju strangely intact, Okon’s brains went into over-drive gear about how to…
Like many progressive intellectuals, Bernie Sanders traces his vision of economic paradise not to socialist dictatorships like Venezuela but to their distant cousins in Scandinavia, which are just as wealthy and democratic as the United States but have more equitable distributions of wealth, as well as affordable health care and free college for all. There is, however, a country far richer and just as fair as any in the Scandinavian trio of Sweden, Denmark and Norway. But no one talks about it. This $700 billion European economy is among the world’s 20 largest, significantly bigger than any in Scandinavia. It…
The impact of colonial rule on sub-Saharan Africa continues to be the subject of intense debate and controversy. Barely a year goes by in the UK without a public figure igniting a furor by arguing that colonialism somehow benefitted the people it oppressed. But our new book, “Authoritarian Africa: Repression, Resistance, and the Power of Ideas”, paints a very different picture. We re-evaluate the political legacy of colonialism and find that it had a profound impact on African political systems. The colonial era strengthened the power of “Big Men” – powerful local leaders – over their communities. This undermined pre-existing…
Here are a few things we’ve learned about millennials this month: We don’t have time to relax or think, but we do like to sleep. We’re less interested in television than our parents. And after destroying vacations, weddings, car commuting and other traditional activities in a well-publicized rampage, we have turned our attention to the basilicas. Or rather, away from them. Apparently, we’ve stopped going to church. The data comes from the findings of two surveys released this month. Analyzing 2017 data from the American Time Use Survey, economist Michelle Freeman of the Bureau of Labor Statistics found that while…
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