Capitalism+is+defective,+Nyembe,+Post



=Capitalism is defective=


 * By Maurice K Nyembe**

Post, Sunday April 02, 2006
I wish to pay tribute to The Post Press Freedom Committee for having invited Dr Blade Nzimande. As Webster Malido stated, there is need to give coverage to alternative ideas regarding how we should move forward as a society. The ideology of capitalism is undoubtedly a defective one and only works to serve the interests of rich countries and their puppets holding power in poor countries. Capitalists' so-called "development interventions" in poor countries are nothing more than an investment by and for the ultimate benefit of the West. Look at what is happening in the international trade arena - despite countless commitments to drop the unfair subsidies being given to their farmers, western countries have fallen way short of implementing this - they are now talking of implementing this in eight years' time, which is simply ridiculous. What hope do our products have of favourably competing in international markets over the next eight years? And mark my words, nothing will happen even after the eight years.

Marianne Fischer-Boel, EU agriculture commissioner blatantly stated after the WTO meeting in Hong Kong in December last year that their main interest in the talks was to defend European interests. In other words to keep the status quo, vis-a-vis how global trade is currently organised. Given the imbalances in this area, is it morally right to keep things as they are? Doesn't the virtue of fairness have a place in our world?

Nay countrymen and women... we cannot continue to accept an ideology that so blatantly disregards the plight of the poor and disadvantaged, an ideology that subtly promotes the exploitation of weak countries by and for the benefit of the rich. An ideology that makes the rich richer and the poor poorer.

It's time we revived the great ideals of our fore-fathers who fought our liberation struggles...and to take control of our own destiny. An ideology that allows for the fate of millions of people in Africa and other poor regions of the world to be determined by the stroke of an outsider's pen cannot and should not be accepted. Let us begin to explore alternatives to the defective capitalist ideology.

Maurice K. Nyambe


 * From: http://www.postzambia.com/post-read_article.php?articleId=8365**

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