This website uses cookies to ensure you have the best experience. Learn more

Globalisation And The Contradiction Of Peripheral Capitalism In Nigeria.

9693 words - 39 pages

GLOBALISATION AND THE CONTRADICTIONS OF PERIPHERAL CAPITALISM IN NIGERIAINTRODUCTIONGlobalization will benefit, globalization is good and it will bring even development to various economies. These are what is heard on the corridor of neo-liberalist, lauding and glorifying the concept as if it is a demi-god.But do not be deceived, for globalization is not what it sounds like. Looking back to the periods of 1979, it is recallable that the ideas of globalization could be attributed to the trade policies of the Thatcher administration in the United Kingdom; summed up as thus:Privatization of states assetsCuts in public spending, particularly through dismantling of welfare states"De-regulation" of labour marketLiberalization of trade, which is forcing countries to open up their markets for foreign competition.The basic focus of these policies was however, the increase or maintenance of capitalist profits through increased exploitation of workers and undeveloped countries (Said Adejumobi, 2001).In the academic world, globalization has become a phenomenal point of discussion. As Frederick Jameson describes it, the "untotalizable totality" weighs in deed, on contemporary scholarship like incubus (Jordi Martell, 2002) .As phenomenal as it is so has it generated much contention.Guillen (2001) argues that observers and theorists of globalization have variously argued that the rapid increase in cross-border ,economic, social and technological exchange is civilizing ,destructive or feeble. But then, whichever way, when it comes to peripheral capitalist states, there is much contradiction.However, those that argue in favour of globalization emphasize that globalization is bringing a new unprecedented opportunity to the world, an opportunity that would engender greater prospects of development and technological advancement .Thus, is globalization really happening? The question is so put in that, the concept per se seeks to promote global economy, integration, and trade liberalization .It tends to promote advancement in socio-economic cum socio-technological development. Yet; the global economy clearly shows a lucid and stunning disparity in the economy of developed and developing nations. So globalization is not happening, what is happening is exploitation and domination of economies. Therefore, globalization is just a euphemism for neo-colonialism. Hence, it is deducible that globalization is the highest stage of imperialism. Since according to Lenin, "imperialism is the highest stage of capitalism", my idea here is that imperialism has taken a new shape, a new form - "globalization". I am sure that wherever Lenin is now, he will give a smile in concordance with this fact.Sociologically, the notion of globalization has become a torn in the flesh as everywhere around the world, it has been resented at .Its evil has being refuted, constantly; anti-globalization organizations, Greenpeace, Friends of the Earth rally round to condemn globalization. Revealing that...

Find Another Essay On Globalisation and the Contradiction of Peripheral Capitalism in Nigeria.

Contradiction Between the Theory of Evolution and the Bible

1171 words - 5 pages bible. Even though Darwin took his this theory back before he died, his works still affect us today. He left an eternal effect. The contradiction of the bible and the theory of evolution began when Darwin wrote The Origin of Species. Darwin, who was a naturalist and companion, boarded the HMS Beagle in 1831-1836. In his journey, he collected mockingbirds, finches and others animals from Galápagos Island. While collecting, he started to notice

Huck's Contradiction in The Adventures of Huckleberry Finn

1869 words - 7 pages Huck's Contradiction in The Adventures of Huckleberry Finn       In Mark Twain's The Adventures of Huckleberry Finn Huck was a boy who thought very little of himself, but had a huge impact on others.  His moral standing was based on what is easier, right or wrong.  He lived the way he wanted to live, and no one told him otherwise.  He had the adventure of a lifetime, and yet he learned along the way. Although Huck

INTERNATIONAL LAW AND THE CONTRADICTION OF AUSTRALIAN POLICIES

2965 words - 12 pages "INTERNATION LAW AND THE CONTRADICTION OF AUSTRALIAN POLICIES"Since 1992, the notion of mandatory detention for unlawful citizens seeking asylum for political, racial and economic hardship was legislated by the Commonwealth Government of Australia. Subsequently, Australia's domestic policy relating to this matter has resulted in a state of cruelty towards refugees and unsympathetic to their circumstances. Furthermore, the policy, highlighted in

The Jefersonian Era of Contradiction

918 words - 4 pages The Jeffersonian Era of Contradiction When assessing whether Thomas Jefferson's performance in presidential office contradicted his philosophical utterances when he was not in office, one finds that though Jefferson meant well for the young country, in order for him to improve the countries stability and strength, he had to compromise many of his personal convictions and beliefs. Thomas Jefferson was the third president of the

With reference to the concepts of Post modernity discuss "24" in terms of its contradiction in narrative, genre and representation

3347 words - 13 pages With reference to the concepts of Post modernity discuss 24 in terms of its contradiction in narrative, genre and representation.This essay will discuss the broad concepts of representation, narrative and genre in relation to the theory of Post modernity.The text I have chosen to illustrate the points raised in this essay is a series that is currently running it's third season on TV called 24, broadcast by Fox Television and created by Robert

The Issues of Breast Cancer in Nigeria

1616 words - 6 pages breast cancer as she recommends all women do the same. The issue of breast cancer is fast becoming a major one. There is a huge hole to be filled in the area of breast cancer awareness in Nigeria. An article posted in the ‘The Daily Trust’ titled, “Breast Cancer amongst us” claims “Nigeria is one of the many places in the world where breast cancer and other life-threatening diseases are discussed in whispers, if at all discussed” (Ade, 1

The Evolution of Women in Nigeria

1516 words - 7 pages Throughout the centuries, the roles of Nigerian women have continuously evolved. During the pre- colonial era, women in Nigerian tribes were not only child bearers and wives, but also free adults. They played critical roles in food preparation, weaving, pottery, and the economy. However, the impact of British rule in Nigeria made a significant shift from the pre-colonial to the post- colonial era. The influence of the Catholic Church, Western

The Potential and Promise of Nigeria

4464 words - 18 pages In order to fully grasp the concepts, issues, and developments that will be covered in this research paper, I have included background information on Nigeria. This will help you to grasp the main concepts, issues, developments and proposals that will later be relayed in this paper. Nigeria is a creation of European imperialism. Nigeria, a British political construct, is located on the Atlantic Coast in West Africa and is bordered by Benin

The economy, people and land of Nigeria

979 words - 4 pages IntroductionNigeria is a country located on the coast of western Africa. It has an area of 356,669 square miles (923,768 square km). It is bordered to the north by Niger, the east by Chad and Cameroon, the south by the Gulf of Guinea, and to the west by Benin. Nigeria is not only large in size--it is larger than the U.S. state of Texas--it is also Africa's most populous country. However, Nigeria's most diverse feature is its people. More than

The Push and Pull of Lagos, Nigeria

624 words - 2 pages Lagos- is city, which is located in the coast of West Africa. Lagos is the most populous city in Nigeria. In this essay I am going to critically examines push and pull factors in Lagos. Main Body: Economy Lagos is Nigeria’s industrial, commercial and financial center, so Lagos in comparison with other cities in Nigeria has higher income. And in Lagos there is large stock of oil. Oil production, which began in the 1950's, increased

Shell Oil and the Exploitation of Nigeria

2206 words - 9 pages Shell Oil and the Exploitation of Nigeria      Nigeria has been a country in political turmoil for a long time. The country was created in 1914 under British colonial rule and at that time it was considered a protectorate. It was not until 1960 that Nigeria received independence from the United Kingdom. One of Nigeria's problems politically is that it has over three hundred different ethnic groups. The three largest

Similar Essays

The Principles Of Contradiction And Sufficient Reason

1958 words - 8 pages Leibniz writes in Monadology that his Principles of Contradiction and Sufficient Reason are the basis of the theories found within the piece. While it can be said that the principles alone are rudimental, one may find that, in conjunction with the Principle of the Best, the Predicate-in-Notion Principle, the Complete Concept Principle, and the Principle of the Identity of Indiscernibles, the group of axioms cement a highly convincing argument

The Contradiction Of Chivalry And Courtly Love

911 words - 4 pages The Contradiction of Chivalry and Courtly Love Two conflicting disciplines are prevalent throughout Arthurian Legend; that of chivalry and that of courtly love. The ideal of each clash throughout the medieval tales, and it is impossible to interfuse the two models for society. Chivalry is a masculine code, an aggressive discipline, whereas courtly love is based upon women - their needs, wants, and desires. The consistent problem if Lancelot

Nerve Regeneration In The Peripheral Nervous System (Pns) Of Mammals

643 words - 3 pages INTRODUCTION Nerve Regeneration in the Peripheral Nervous System (PNS) of mammals PNS neurons in mammals have a capacity to regenerate and re innervate the target. However functional recovery varies, depending on the type and location of injury, age of the neurons and other factors, but the recovery is never complete. An overview of the regenerative response Following an injury, in the distal nerve stump a series of degenerative

Contradiction In The Turn Of The Screw By Henry James

1079 words - 4 pages he wants to say or he is saying to contradictory things at the same time” (Ibid). Nevertheless, in The Turn of the Screw, ambiguity does not have relationship to what Wilson and Samuels claim to be the nature of an “ambiguous” work, but rather the opposite. It is precisely the evident contradiction what allows an epistemological ambiguity, in which “no one is really sure of what is happening and the narrators are of dubious reliability” (58). Works Cited “The Ambiguities of Henry James” by J.A. Ward