Comments by "" (@orboakin8074) on "ReasonTV"
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As an African (Nigerian) it is so refreshing to see a fellow African address the issue of poverty here objectively and accurately. We don't have poverty or development problems because of colonialism but largely because of government corruption, terrible socioeconomic policies (like socialism), poor institutions, and other factors like bad geography. During the independence period from the 50s till the 60s, many post-colonial African leaders made the terrible decisions of abandoning the economic, political and social models left by the Europeans here. They undid things like democratic rule, liberalism, capitalism, property rights, better education standards, and civic nationalism. This was done due to lingering resentment of colonialism and also the rabid indoctrination into leftwing ideology that many of these "leaders" got in higher education. This led to social unrest, economic disruption and loss of life due to corruption and political instability that still hinders Africa to this day. Examples are in Tanzania where Julius Nyere, an avid Marxist-Leninist, began his programs of African socialism (Ujamaa) with good intentions but they ultimately ruined the economy, caused massive poverty, and led to increased authoritarianism in Tanzania. The country only began improving once he stepped down and his policies were undone. Another example is in my own country where after our independence in 1960, we had a brutal civil war and military rule for several decades. Controlled economy replaced our capitalist model and we experienced massive unemployment, poverty, insecurity, increased debt etc. This was all ended once we returned to democratic rule in 99 and onwards. President Obasanjo and subsequent governments liberalized our economy and reformed it via privatization and this led to reducing our national and foreign debt, created many more jobs, and reduced inflation.
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