Kenya's brutal capitalism

[RVtitem]

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While Kenya ranks lowly on the human rights record, the practice of democracy and equitable distribution of the national cake according to the latest Mo Ibrahim report on African governance, it is the epitome of the capitalist system of governance.
The concept of capitalism may not be so simple, but the long and short of it is that it works for a handful at the expense of the majority.
In general terms, capitalism is characterised by private ownership of businesses which, in turn are driven by the quest for profit. Some of the attributes of capitalism include the exploitative wage labour and capital accumulation; a system through which, in most cases, quality becomes a casualty as profits override any other considerations.
Experts acknowledge at least three forms of capitalism; State Capitalism, Welfare Capitalism and Free Market Capitalism.

www.standardmedia.co.ke/m/article/2000218578/kenya-the-epitome-of-the-capitalist-state

[Empedocles]

While Kenya ranks lowly on the human rights record, the practice of democracy and equitable distribution of the national cake according to the latest Mo Ibrahim report on African governance, it is the epitome of the capitalist system of governance.
The concept of capitalism may not be so simple, but the long and short of it is that it works for a handful at the expense of the majority.
In general terms, capitalism is characterised by private ownership of businesses which, in turn are driven by the quest for profit. Some of the attributes of capitalism include the exploitative wage labour and capital accumulation; a system through which, in most cases, quality becomes a casualty as profits override any other considerations.
Experts acknowledge at least three forms of capitalism; State Capitalism, Welfare Capitalism and Free Market Capitalism.

www.standardmedia.co.ke/m/article/2000218578/kenya-the-epitome-of-the-capitalist-state

There's an interesting book titled Why Nations Fail: The Origins of Power, Prosperity, and Poverty.

I'd recommend it to get an insight on Kenya.

[Georgesoros]

Study Singapore's capitalism and the advances that they made. Also, Korea's capitalism. Kenya's is very messy, there's no order, which may lead to high disparities in haves and have nots.

[Kim Jong-Un's Pajama Pants]

While Kenya ranks lowly on the human rights record, the practice of democracy and equitable distribution of the national cake according to the latest Mo Ibrahim report on African governance, it is the epitome of the capitalist system of governance.
The concept of capitalism may not be so simple, but the long and short of it is that it works for a handful at the expense of the majority.
In general terms, capitalism is characterised by private ownership of businesses which, in turn are driven by the quest for profit. Some of the attributes of capitalism include the exploitative wage labour and capital accumulation; a system through which, in most cases, quality becomes a casualty as profits override any other considerations.
Experts acknowledge at least three forms of capitalism; State Capitalism, Welfare Capitalism and Free Market Capitalism.

www.standardmedia.co.ke/m/article/2000218578/kenya-the-epitome-of-the-capitalist-state

There's an interesting book titled Why Nations Fail: The Origins of Power, Prosperity, and Poverty.

I'd recommend it to get an insight on Kenya.

I got my hands on it yesterday.  I hope to read it soon.

[MOON Ki]

Capitalism in Kenya is very simple, as none other than the president has explained: meza mate or kula nyama, and for the latter one has to be well placed.

[RV Pundit]

Our brutal capitalism is responsible for world success in fighting poverty. Kenya despite not having any mineral or oil have done so well thank to embracing this brutal capitalism. TZ is an example of what not do economically and we should not envy them.