Monday, June 5, 2023

USA Africa Dialogue Series - on Chop-I _chop-Capitalism or NBUNTU Capitalism.

In Chop I chop capitalism or live and let live capitalism or welfare capiutalism,  no employee would earn more than three times the least paid worker, at last in government.  sector, this i would like to extend to the private sector,  in nigeria where some chief executives earn as much as 200 millon  naira a year with minimum wage at 120,000 nara a year. its obscene.
already the  group of African CEOs have called for common good capitalism ,the Americans are calling for stake holder capitalism. this is just saying there is more to a business than te returns to the share holder. as advanced by milton friedman of the economics department university of chicago. we africas have always been our brothers keeper and so the  the word   MBUTU  meaning a person is a person through another person or  I am because you are and so  MBUTU CAPITALISM>

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