Super User

Super User

In 2003, the literary critic Fredric Jameson famously observed that “it is easier to imagine the end of the world than the end of capitalism.” For the first time in two centuries, he noted, capitalism was viewed as both destructive and irreversible. Waning faith in the possibility of a post-capitalist future has nurtured deep pessimism.

This prevailing despair evokes John Maynard Keynes’s 1930 essay “Economic Possibilities for Our Grandchildren,” in which he warned against the “two opposed errors of pessimism.” The first was the pessimism “of the revolutionaries who think that things are so bad that nothing can save us but violent change.” The second was the pessimism of reactionaries who view economic and social structures as “so precarious that we must risk no experiments.”

In response to the pessimisms of his time, Keynes offered an alternative vision, predicting that technology would usher in an era of unprecedented abundance. Within a century, he argued, continuous technological progress would elevate living standards – at least in the “civilized” world – to 4-8 times what they were in the 1920s. This would enable his generation’s grandchildren to work a fraction of the hours their ancestors did.

The short-term employment theory for which Keynes is widely known was part of this larger vision of technological utopia. In his view, running the economy at full capacity was the quickest route from necessity to freedom. Once we achieve this goal, the economic “dentistry” that preoccupied Keynes would become redundant. Our attention could then shift to “our real problems,” those of “life and of human relations, creation, behavior, and religion.”

Although Keynes found Karl Marx’s ideas incomprehensible, his vision of a post-capitalist future resembled that of Marx in The German Ideology. Marx regarded capitalism as a means to address the problem of production, while communism was viewed as a way to manage distribution, thereby eliminating the need for a division of labor.

Much like Keynes, Marx’s vision of the future championed the cultivated amateur, a role traditionally reserved for the aristocracy. Marx envisioned a society where one could “hunt in the morning, fish in the afternoon, rear cattle in the evening,” and “criticize after dinner” without being confined to the role of hunter, fisherman, shepherd, or critic. Like Keynes, he saw capitalism as an ordeal humanity had to endure so that the good life could be democratized.

Although Keynes and Marx viewed capitalism as a necessary evil, both opposed hasty efforts to abolish it or meddle too forcefully in its workings. Keynes warned against prematurely dismantling the capitalist system through wealth and income redistribution, while Marx believed that reformist attempts to humanize capitalism would merely delay the revolution. These rigid stances ultimately proved too extreme for the Keynesians and socialists who sought to establish Keynesian social democracies in the mid-twentieth century.

But despite their utopian visions of a post-capitalist world, Keynes and Marx had fundamentally different views on how to overcome the capitalist “monster,” stemming from their distinct interpretations of the system. For Keynes, capitalism was a spiritual deformation that had spread through Western civilization on the vector of Puritanism and would naturally perish once it was no longer needed. In an era of abundance, “the love of money as a possession – as distinguished from the love of money as a means to the enjoyments and realities of life – will be recognized for what it is,” a “somewhat disgusting morbidity” that one “hands over with a shudder to the specialists in mental disease.”

By contrast, Marx did not view capitalism as a psychological affliction; instead, he saw it as a political and social system wherein the capitalist class monopolized ownership and control of land and capital. This dominance enabled capitalists to extract surplus value from workers, whose only saleable commodity was their labor power. Capitalism, Marx argued, would not simply wither away; it had to be overthrown, but not before its creative potential had been fully realized.

Marx’s portrayal of capitalism as a creative force was rooted in Hegel’s dialectic and significantly influenced by Mary Shelley’s 1818 novel Frankenstein; or, The Modern Prometheus. Another source of inspiration was Goethe’s Faust, where Mephistopheles is depicted as a diligent executor of God’s plan for human redemption.

In many respects, today’s pessimism is more profound than the one Keynes identified in 1930. Leftist revolutionaries still long for capitalism’s downfall, yet they have failed to provide a viable political alternative since the collapse of Soviet communism. Meanwhile, conservatism has evolved into the “radical right,” characterized by resentment and chauvinism but lacking a coherent vision for a harmonious future. Neither side seems to offer a light at the end of the tunnel.

It is the absence of a redemptive vision that sustains, and partly defines, today’s prevailing pessimism. While Keynes and Marx believed in the emancipatory power of machines, technology is now widely viewed as a menace, even as our future remains deeply intertwined with it. Similarly, Keynes and Marx assumed that capitalism would collapse long before nature rebelled against its exploitation; we now face the existential threat of climate change, with little hope of a successful global effort to combat it. Most alarmingly, public trust in the ability of democratic systems to deliver meaningful progress is rapidly eroding.

Faced with a choice between parasitic capitalism and emerging neo-fascism, pessimism is reasonable. But given that neither the end of the world nor the end of capitalism seems imminent, the question remains: Where do we go from here?

 

Project Syndicate

I've long believed the only person who thinks a particular meeting is important is the person who called the meeting. 

Science backs me up. A meta-analysis of more than a decade of research shows 90 percent of employees feel meetings are "costly" and "unproductive" and that they're right: Employee productivity increased by over 70 percent when the number of meetings was reduced by 40 percent. 

Still, sometimes meetings are necessary. Maybe that's why smart leaders – and, as you'll see in a moment, leaders who look out for the best interest of their employees – prefer walking meetings.

Like Richard Branson, who likes to walk and talk because he feels walking meetings improve focus and lead to quicker decisions. Or like former LinkedIn CEO Jeff Weiner, who says walking meetings eliminate distractionsand make meetings more productive.

Or like Steve Jobs, who loved walking meetings, especially for brainstorming. (Legend has it he and Jony Ive finalized the design of the groundbreaking iMac G4 while walking around a flower garden.)

Research backs Jobs up. A study published in the Journal of Experimental Psychology found that over 80 percent of the time, people come up with more (and, more important, better) creative ideas and solutions when they walk as opposed to when they sit.

But that's not the only reason to take your meeting for a stroll. A study published in Nature Medicine found that walking approximately 8,200 steps per day makes you less likely to become obese or suffer from sleep apnea, acid reflux and major depressive disorder; weight loss tends to reduce the severity of sleep apnea and acid reflux, while exercise has long been known to improve mental health by reducing anxiety and stress. (More on that in a moment.)

The impact is even greater for people who have a BMI of between 25 and 29, or "overweight." While participants didn't necessarily lose weight, walking 11,000 steps per day cut their risk of someday having a BMI of 30 or higher – or "obese" – in half. 

And then there's this. A decadelong study published in JAMA Network Openfound exercising 45 minutes per week – with "exercise" including walking – makes you less likely to experience depressive symptoms and major depressive disorder. (The more you exercise the better, up to around 300 minutes per week; after that, the mental health impact doesn't necessarily increase.)

Add it all up, and yeah: Walking meetings make you – and whomever you walk with – more creative and a little healthier, both mentally and physically.

And may help you live longer: A 2019 study published in JAMA Internal Medicine found that participants who increased their daily activity by 2,000 steps, regardless of where they started in terms of step count, faced a lower risk of earlier mortality and a host of positive health outcomes, especially where heart disease and diabetes were concerned.

The next time you need to meet – especially with one or two people – make that meeting a walk and talk. You'll be more focused. More creative. More decisive. 

And you and they, will enjoy mental and physical health benefits in the process.

Which makes a walking meeting a great double-dip. 

 

Inc

Northern Elders Forum on Sunday came hard on President Bola Tinubu, saying the growing insecurity across the country indicated that the present goverment has failed to protect Nigerians just few months in office.

While declaring that enough is enough, the elders said Kuriga school children abduction is another tragic incident that highlights the growing need for improved security measures.

Spokesperson of the forum, Abdul-Azeez Suleiman, in a statement on Sunday, said though the forum welcomed the abducted children back with open arms, there is need ro emphasize the urgent need for proper medical and shock checks as they reintegrate into society.

The elders said: “The Northern Elders Forum firmly declares that enough is enough. The safety and security of our children should never be compromised or subject to negotiation. It is unacceptable for Nigerians, particularly those in the northern region, to continue living under such insecure conditions.

“Unfortunately, just months into the Tinubu administration, there have already been clear signs of failure in providing the vital aspects of security of life and property to citizens. This situation is deeply concerning and requires immediate attention from our leaders.

“While we celebrate the return of the abducted Kuriga school children, we must also recognize this event as a wake-up call for all of us.

“We cannot afford to become complacent in the face of such acts of violence and disregard for human life. As elders, it is our duty to protect and nurture the next generation.

The forum urged the government and relevant authorities to work closely with us in ensuring that “our children can go to school without fear.”

It added: “The safety and well-being of our children must always be a top priority. We also call for accountability and swift action from our leaders to address the security challenges our communities are facing.

“The return of the Kuriga school children stands as a testament to the resilience and strength of our community. Let us use this moment to unite and actively work towards safer conditions for our children and our communities.”

 

The Guardian

National Hajj Commission of Nigeria (NAHCON) has increased the fare for the 2024 pilgrimage to Saudi Arabia by N1,918,032.91.

In a statement issued on Sunday evening by Farima Usara, NAHCON spokesperson, said intending pilgrims have up to March 28 to make payment for the spiritual exercise.

Usara said the development was due to the forex crisis which Nigeria has been battling for months.

The commission had initially pegged the fare for this year’s hajj at N4.9  million.

With the N1.9 million increment, intending pilgrims who had deposited N4.9 million will now pay N6.8 million in total.

“However, due to late remittances of Hajj fare by those concerned necessitated adjustments, resulting in two date shifts with the final being 12th of February 2024. Recall that as at 31st December 2023, Naira was still at N897:00 to a Dollar at the banks,” the statement reads.

“These shifts unfortunately pushed the Hajj fare collection deadline to fall after harmonization of foreign exchange rates, presenting a new and significant challenge.

“What the harmonization meant in the Hajj fare equation was that in the face of global financial challenges, coupled with the new forex policy, Nigerian pilgrims would now be saddled with an unexpected increase in Hajj cost, despite having already paid the fixed fare of about N4.9 million, depending on the departure zone as approved by government..

“Considering the urgency of the situation, NAHCON was forced to explore various options, including encouraging State Governments and affluent individuals to intervene on behalf of their pilgrims. This window still remains open. This will compliment the intervention of the Federal Government that went the extra mile to support the Nigerian Muslim pilgrims in the discharge of their religious obligation. Commendably, government’s policy focus of bringing down the exchange rate has given the Hajj fare reduction a boost.

“The good news now is that with Naira having appreciated to N1,474.00 to a Dollar over the preceding week and after due consultation with stakeholders, coupled with NAHCON’s desire to ensure equitable spread of the Federal Government’s intervention to all the already registered pilgrims whose payments have been received, the Commission resolved that each pilgrim would now have to pay a balance of N1,918,032.91 in accordance with the current foreign exchange rate.

“Intending pilgrims that still wish to participate in the 2024 Hajj are by this release advised to proceed and pay a balance of N1,918,032.91 latest by 11:59 pm of 28th March 2024. The Commission will shut down its system by 29th March and no other payment would be accommodated after.”

 

The Cable

UN to vote on resolution demanding a cease-fire in Gaza during current Muslim holy month of Ramadan

The U.N. Security Council is set to vote Monday on a resolution demanding an immediate humanitarian cease-fire in Gaza during the Muslim holy month of Ramadan.

The vote comes after Russia and China vetoed a U.S.-sponsored resolution Friday that would have supported “an immediate and sustained cease-fire” in the Israeli-Hamas conflict.

The United States warned that the resolution to be voted on Monday morning could hurt negotiations to halt hostilities by the U.S., Egypt and Qatar, raising the possibility of another veto, this time by the Americans.

The resolution, put forward by the 10 elected council members, is backed by Russia and China and the 22-nation Arab Group at the United Nations.

A statement issued Friday night by the Arab Group appealed to all 15 council members “to act with unity and urgency” and vote for the resolution “to halt the bloodshed, preserve human lives and avert further human suffering and destruction.”

“It is long past time for a cease-fire,” the Arab Group said.

Ramadan began March 10 and ends April 9, which means that if the resolution is approved the cease-fire demand would last for just two weeks, though the draft says the pause in fighting should lead “to a permanent sustainable cease-fire.”

The vote was originally scheduled for Saturday morning, but its sponsors asked late Friday for a delay until Monday morning.

Many Security Council members are hoping the U.N.’s most powerful body, which is charged with maintaining international peace and security, will demand an end to the war that began when Gaza’s Hamas rulers launched a surprise attack into southern Israel on Oct. 7, killing about 1,200 people and taking some 250 others hostage.

Since then, the Security Council has adopted two resolutions on the worsening humanitarian situation in Gaza, but none has called for a cease-fire.

More than 32,000 Palestinians in Gaza have been killed during the fighting, according to the Gaza Health Ministry. It does not differentiate between civilians and combatants in its count, but says women and children make up two-thirds of the dead.

Gaza also faces a dire humanitarian emergency, with a report from an international authority on hunger warning March 18 that “famine is imminent” in northern Gaza and that escalation of the war could push half of the territory’s 2.3 million people to the brink of starvation.

The brief resolution scheduled for a vote Monday “demands an immediate humanitarian cease-fire for the month of Ramadan.” It also demands “the immediate and unconditional release of all hostages ” and emphasizes the urgent need to protect civilians and deliver humanitarian aid throughout the Gaza Strip.

U.S. Ambassador Linda Thomas-Greenfield told the council Friday that the resolution’s text “fails to support sensitive diplomacy in the region. Worse, it could actually give Hamas an excuse to walk away from the deal on the table.”

“We should not move forward with any resolution that jeopardizes the ongoing negotiations,” she said, warning that if the diplomacy isn’t supported, “we may once again find this council deadlocked.”

“I truly hope that that does not come about,” Thomas-Greenfield said.

The United States has vetoed three resolutions demanding a cease-fire in Gaza, the most recent an Arab-backed measure on Feb. 20. That resolution was supported by 13 council members with one abstention, reflecting the overwhelming support for a cease-fire.

Russia and China vetoed a U.S.-sponsored resolution in late October calling for pauses in the fighting to deliver aid, the protection of civilians and a halt to arming Hamas. They said it did not reflect global calls for a cease-fire.

They again vetoed the U.S. resolution Friday, calling it ambiguous and saying it was not the direct demand to end the fighting that much of the world seeks.

The vote became another showdown involving world powers that are locked in tense disputes elsewhere, with the United States taking criticism for not being tough enough against its ally Israel, even as tensions between the two countries rise.

A key issue was the unusual language in the U.S. draft. It said the Security Council “determines the imperative of an immediate and sustained cease-fire.” The phrasing was not a straightforward “demand” or “call” to halt hostilities.

Before the vote, Russia’s U.N. Ambassador Vassily Nebenzia said Moscow supports an immediate cease-fire, but he criticized the diluted language, which he called philosophical wording that does not belong in a U.N. resolution.

He accused U.S. Secretary of State Antony Blinken and U.S. Ambassador Linda Thomas-Greenfield of “deliberately misleading the international community” about calling for a cease-fire.

“This was some kind of an empty rhetorical exercise,” Nebenzia said. “The American product is exceedingly politicized, the sole purpose of which is to help to play to the voters, to throw them a bone in the form of some kind of a mention of a cease-fire in Gaza … and to ensure the impunity of Israel, whose crimes in the draft are not even assessed.”

China’s U.N. ambassador, Zhang Jun, said the U.S. proposal set preconditions and fell far short of expectations of council members and the broader international community.

“If the U.S. was serious about a cease-fire, it wouldn’t have vetoed time and again multiple council resolutions,” he said. “It wouldn’t have taken such a detour and played a game of words while being ambiguous and evasive on critical issues.”

Friday’s vote in the 15-member council was 11 members in favor and three against, including Algeria, the Arab representative on the council. There was one abstention, from Guyana.

After the vote, Thomas-Greenfield accused Russia and China of vetoing the resolution for “deeply cynical reasons,” saying they could not bring themselves to condemn Hamas’ terrorist attacks in southern Israel on Oct. 7, which the resolution would have done for the first time.

A second “petty” reason, she said, is that “Russia and China simply did not want to vote for a resolution that was penned by the United States, because it would rather see us fail than to see this council succeed.” She accused Russia of again putting “politics over progress” and having “the audacity and hypocrisy to throw stones” after launching an unwarranted invasion of Ukraine in February 2022.

The resolution did reflect a shift by the United States, which has found itself at odds with much of the world as even allies of Israel push for an unconditional end to fighting.

In previous resolutions, the U.S. has closely intertwined calls for a cease-fire with demands for the release of Israeli hostages in Gaza. This resolution, using wording that’s open to interpretation, continued to link the two issues, but not as firmly.

 

AP

WESTERN PERSPECTIVE

Russia stages major airstrike on Ukraine; one missile enters Polish airspace

Russia struck critical infrastructure in Ukraine's western region of Lviv with missiles early on Sunday, Kyiv said, in a major airstrike that saw one Russian cruise missile briefly fly into Polish airspace according to Warsaw.

Moscow launched 57 missiles and drones in the attack that also targeted the capital Kyiv, two days after the largest aerial bombardment of Ukraine's energy system in more than two years of full-scale war, Kyiv said.

"There were two preliminary hits on the same critical infrastructure facility that the occupiers targeted at night," Lviv's regional governor Maksym Kozytskyi wrote on the Telegram messaging app.

The strike used Kinzhal hypersonic missiles, which are harder to shoot down, he added, without identifying the facility.

The energy ministry said equipment caught fire when a critical energy facility in the Lviv region was attacked, causing it to lose power. It was unclear if they were talking about the same facility.

Air defences destroyed 18 of 29 inbound missiles and 25 of 28 attack drones, the air force said.

There were almost no details about what had been damaged, but the targeting of critical infrastructure could indicate Russia is trying to keep up pressure on the energy system after its strikes caused widespread blackouts on Friday.

The energy ministry said Ukraine, which has been exporting power in recent weeks, had sharply increased imports of electricity and stopped exports on Sunday after attacks on the energy infrastructure.

Several explosions rang out in Kyiv in the early hours as air defences destroyed about a dozen missiles over the capital and its vicinity, said Serhiy Popko, head of Kyiv's military administration.

There was only minor damage from the attack, he said.

Small groups of people huddled for safety underground in a central Kyiv metro station in the early hours, some of them sleeping on camping mats.

Moscow has been pounding Ukraine for days in attacks portrayed by Moscow as revenge for Ukrainian attacks that were conducted during Russia's presidential election.

The wreckage of a downed Kh-55 cruise missile was found in a Kyiv park, officials said.

"For the third pre-dawn morning this week, all of Ukraine is under an air alert and has been advised to seek shelter," U.S. Ambassador Bridget Brink posted on X.

Russia's defence ministry did not immediately reply to a request for comment.

POLISH AIRSPACE

Poland's armed forces said a Russian cruise missile launched at the region of Lviv had violated Poland's airspace.

"The object entered Polish space near the town of Oserdow (Lublin Voivodeship) and stayed there for 39 seconds," it said on the social media platform X. "During the entire flight, it was observed by military radar systems."

Poland's army spokesperson, Jacek Goryszewski, told reporters that the missile travelled about 2 km (1.2 miles) into Polish airspace before returning to Ukraine.

There was no immediate comment from Russia. Warsaw said it would demand an explanation from Moscow.

Polish Defence Minister Wladyslaw Kosiniak-Kamysz said Warsaw would continue to support Ukraine both militarily and on the humanitarian side.

 

RUSSIAN PERSPECTIVE

Ukrainian forces lost up to 360 troops in Avdeyevka area over past day

Ukrainian armed forces lost up to 360 military personnel, two tanks, and five armored combat vehicles in the Avdeyevka direction per day, Russia’s Defense Ministry reported.

"The enemy lost up to 360 military personnel, two tanks, five armored combat vehicles and nine cars. During the counter-battery battle, the following were hit: a US-made M777 howitzer, an Akatsiya self-propelled howitzer, two Gvozdika self-propelled artillery systems and a D-30 howitzer," the ministry said.

Donetsk area

The Ukrainian military lost up to 300 troops, a US-manufactured M113 armored personnel carrier and an M119 howitzer in the Donetsk area over the past day, Russia’s Defense Ministry reported.

"In the Donetsk direction, after active fighting the Battlegroup South units took more advantageous positions, defeated the enemy in the areas of the settlements of Kleshcheyevka, Krasnoye and Kurdyumovka of the Donetsk People's Republic, and also repelled a counterattack by formations of the 80th Air Assault Brigade of the Ukrainian armed forces in the area of the settlement "Krasnogorovka, Donetsk People's Republic. The Ukrainian Armed Forces lost up to 300 military personnel, a US-made M113 armored personnel carrier, 3 vehicles, a US-made M119 howitzer, a D-30 towed gun and a field ammunition depot," the statement said.

Kharkov region

The Russian military destroyed up to 40 servicemen of the Ukrainian armed forces, as well as Vampire and Mars multiple launch rocket systems (MLRS) in Kharkov region, the Russian Defense Ministry reported.

"In the Belgorod direction, Russian units continue to carry out measures to identify and destroy sabotage and reconnaissance groups of the Ukrainian armed forces in the border regions of Ukraine. As a result of fire damage to manpower and equipment of the Ukrainian armed forces in the areas of the settlements of Potikhonovo and Zemlyanka of the Kharkov region, up to 40 military personnel as well as Czech-made RM-70 Vampire multiple rocket launcher and Germany-made Mars Mars multiple launch rocket system were destroyed," the ministry said.

South Donetsk direction

The Battlegroup East forces have improved the tactical position in the South Donetsk direction, the Ukrainian army lost up to 140 military personnel over the last 24 hours, Russia’s Defense Ministry reported.

"In the South Donetsk direction, forces of the Battlegroup East improved the tactical situation and inflicted fire defeat on the formations of the 31st brigade of the National Guard of Ukraine in the area of the village of Urozhaynoye, Donetsk People’s Republic. According to the ministry, enemy losses amounted to up to 140 military personnel, two armored combat vehicles, five cars, a Polish-made Krab self-propelled howitzer and a Rapra anti-tank gun," the report says.

Kupyansk direction

The losses of the Ukrainian armed forces in the Kupyansk direction reached 140 servicemen and the M777 artillery system over the past day, the Russian Defense Ministry reported.

"In the Kupyansk direction, units of the Battlegroup West defeated the manpower and equipment of the 14th, 32nd mechanized and 57th motorized infantry brigades of the Ukrainian armed forces in the areas of the settlements of Sinkovka, the Kharkov region and Terny, Donetsk People's Republic, and also repelled three enemy counterattacks. The losses of Ukrainian armed forces consisted of up to 140 military personnel, a tank, two pickup trucks, a US-made M777 artillery system, an Msta-B howitzer and two Gvozdika self-propelled artillery systems," the ministry said.

 

Reuters/Tass

Western deception has been with Africa forever.

1493: Pope Alexander VI issued a papal bull, Inter Caetera, proclaiming the right of Spain and Portugal to enslave Africans and own the land. They were subjects. They stole your people and your land.

1885: Africa was a Dark Continent. It required colonisation to become civilised. Europe would bring change and civilise Africans. They stole your raw materials and truncated your self-development.

1940: When over a million Africans fought in Europe, North Africa and the Far East during the Second World War, the West convinced them they were dying for freedom and democracy. But where in Africa do they receive freedom and democracy? Indeed, Apartheid was inaugurated in 1948 in South Africa.

When will this deception come to an end? So, Gabon and Niger were democracies before the 2023 coups? You must be using the wrong dictionary to define democracy. Cameroon under the invalid Paul Biya is a democracy? You must be confusing the Mali Empire with the modern country of Cameroon. And the presidents who rule for as long as they want practising democracy?

You need a little education.

Recent developments in Africa’s political space, particularly the growing number of military takeovers, have informed fresh queries around the expressions of neo-colonialism in Africa and the commitment to liberal democracy as the ideal political model for the region. The point of reference for these queries is the ceremonial reactions from the acclaimed “champions of democracy” in the West, who waste no time issuing condemnations at every instance of “democratic failure” on the continent without any actual commitment to ensuring that power indeed lies with the people. Not only have these champions of African interests – the United States, Britain and France – touted democracy as the best system of political organisation to achieve political stability and economic prosperity in Africa, but they have also prosecuted wars, allegedly in its defence, that have cost millions of lives and destabilised entire regions. However, it is not enough to accuse our benevolent friends in the West of hypocrisy without providing compelling proof of double-dealing in delivering their duties as democratic crusaders. After all, in a democratic setting, all are innocent until proven guilty. 

As a philosophy of government, democracy has existed since the Greco-Roman times. However, its foray into Africa can be traced to the eve of independence when Britain and France introduced forms of local representation as concessions to indigenous demands for independence. Thus, from 1959, parliamentary elections and other democratic institutions started to become commonplace on the continent. But, as it would turn out, this democratic experiment, which formed part of the third (global) wave of democracy, was to be short-lived – derailed as it was by fluctuating Western interests on the continent. 

Guiding Western interest in Africa from the 1950s was the ideological war between the West (mainly the US) and the Soviet Union. The “Cold War”, as it came to be known, was the first incident to unmask the real intentions of the West for post-colonial Africa. In their quest to emerge as the world’s sole superpower, the US and the Soviet Union, who actively strove to undermine each other’s influence by, among other things, advancing their political ideologies around the world, turned to Africa as another important frontier of conquest. While the Soviet Union armed African revolutionary movements against their Western colonial overlords and provided support to openly communist governments, Washington concluded that, to effectively check the spread of Soviet influence on the continent, it was more expedient to enthrone biddable leaders in African states than it was to woo them with any ideological arguments or economic incentives.

Anxious to ensure power was handed over to reliable politicians, Britain and France became eager participants in the US policy in Africa. Together, the US and its allies targeted venal local strongmen, preferably with military backgrounds and authoritarian tendencies, who, in collaboration with its intelligence agencies, ousted legitimate/democratic governments. Notable victims and beneficiaries of this plot included (in the former category) Kwame Nkrumah of Ghana, Patrice Lumumba of Congo DRC, Sylvio Olympio of Togo and (in the latter category) Idi Amin of Uganda, Mobutu Sese Seko of Congo DRC and Gnassingbé Eyadema of Togo, to mention a few. Consequently, thirty-three African countries that achieved independence between 1956 and 1970 became authoritarian immediately or not long thereafter. 

Another demonstration of the complete disregard that the West has for democracy, peace/stability and human rights in Africa is its willingness to engulf the entire region in conflict so that it can achieve its “strategic interests”. Once again, we begin from the Cold War era where, having recently come out of a highly destructive war in Europe (in 1945) and being cautious of engaging in another, the West and the Eastern Bloc turned Africa into the site of their proxy wars. In southern Africa, where the US considered both Angola and Mozambique as areas of “strategic interest”, Washington armed the 200,000 Portuguese conscripts, who went on to fight a protracted war against local nationalist revolutionaries, with imported weapons, which included defoliants and napalm. In Angola, the US, in cooperation with Apartheid South Africa, backed the National Union for Total Independence (UNITA) against the country’s (Soviet-backed) leading national liberation front, the Popular Movement for the Liberation of Angola (MPLA). There were also similar cases in northern Africa where Sudan was funded and armed by the US against Egypt and Ethiopia, who had also pitched their tents with Moscow. These conflicts and the resultant proliferation of arms saw the loss of millions of African lives from war and famine and a general destabilisation of the region. 

While the West cannot be said to have been directly involved in all the occasions of transition from democratic to authoritarian rule, in more than a few instances, the leaders of newly independent democratic/multi-party African states seized the opportunity of Western patronage to quickly switch to one-party/despotic rule. In other cases, it was the corruption, resource mismanagement, “tribalism”, patrimonialism, clientelism and imperialism perpetrated by a Western-backed ruling political class which formed the basis of military takeovers (coups). Nevertheless, in this atmosphere of quasi-democratic rule, full-fledged despotism, military rule and Apartheid – where national resources were siphoned by kleptocratic regimes and millions of Africans either became refugees or died as a result of civil wars, hunger, and human rights abuses – our Western “friends” were content to look the other way if the government in place proved itself an ally of Washington.      

Perhaps the most glaring example of the West’s democratic hypocrisy in Africa was its age-long support for the highly racist and politically repressive Apartheid regime in South Africa. Like the French, who were able to cajole Washington into believing that they were fighting communist-backed insurgents in Algeria, the South African Apartheid regime, for forty years, posed as the last bastion against communists in Africa – an attitude that was able to secure a steady flow of Western arms. This, alongside the West’s tacit approval, allowed for one of Africa’s most despicable shows of human debasement, carried out in the name of imperialism and racial superiority. After all, as President Ronald Regan remarked in 1981, South Africa was “essential to the free world in its production of minerals we all must have”.  

The end of the Cold War changed Western attitudes towards Africa. Without the Soviet threat, the West leaned more towards development diplomacy and foreign aid regimes as the main thrust of its foreign policy in Africa. Foreign aid to Africa, however, turned out to be a Trojan horse. Already saddled with the task of building vibrant economies while also harmonising the aspirations of the different ethnic nationalities which characterised them, African countries, especially in Francophone Africa, also had to grapple with the undermining economic and political agreements they had been coerced into signing with their erstwhile colonial overlord as a condition for independence and continued patronage. To make matters worse, some African countries were, at the end of the Cold War, either fighting or had just come out of civil war. This, combined with the widespread corruption and mismanagement of national resources which characterised Africa’s tyrannical governments, put many African countries at the mercy of international monetary agencies (the International Monetary Fund – IMF – and World Bank) and their financiers whose aid they were now heavily dependent on. 

At first, these Bretton Woods institutions were content to grant loans/aid, at debilitating interest rates no less, to authoritarian leaders who used them to perpetuate themselves in power and, in return, provided the former with mineral and other economic concessions. However, without the Cold War pressures, more emphasis was placed on the liberalisation and capitalist/free-market aspects of US foreign policy to guarantee return on investments. Soon enough, Structural Adjustments Programmes (SAPs) were introduced as a precondition for further loans/aid. Said adjustments, which demanded limited government intervention in the public sector, i.e. removing government subsidies in energy (fuel/gas), education and health care, brought untold hardships to already suffering populations. And as research has shown, poverty and non-tax revenue make for the ideal democratic environment. In other words, “When the government is not beholden to citizens for its funding, there is less accountability and less reason to democratise” (Tilly 1990). Instead, leaders simply use the “free” funding from natural resources (oil) and foreign loans/aid to buy enough support to remain in power. 

Judging from the various expressions of Western interests in Africa over decades, it goes without saying that the West simply pays lip service to ideologies when convenient. Although many Africans might not object to the cynical pragmatism that has always guided Western foreign policy in Africa, I dare say they will not stand for the continued lies and hypocrisy that have characterised Western reactions to African developments. Even if the above-described instances of Western hypocrisy in Africa were to be argued to be in the past, it is a living past for Africa.  

Africa, today, still has authoritarian governments in place whose political repression and human rights abuses go on unchecked by our democracy and rule of law-loving friends in the West. After being siphoned by kleptocratic governments, our commonwealth still finds its way to Western banks, where it sits and improves the local economy. Western interests continue to impoverish Africans and destabilise their regions. So, Africans are today saying to the West, its diplomats, presidents, and the other agents of its propaganda: “Your gambit in Africa is up. Our people are awakened!”   

The West has sold you a fake product called democracy. Africans, your vote is not a sign of democracy. It is no more than a deception. There is no democracy without accountability. You are just voting thieves to power. There is no democracy without transparency. You are just using your votes in support of crooks and thugs. There is no democracy without good governance. Your vote is facilitating theft. Maybe you are waiting for your turn to steal. There is no democracy without development. Your vote is moving you back to the Stone Age. Even early humans knew when to replace stones with iron during the Stone Age. Africa, you don’t have a democracy. Anyone you have not appointed cannot disappoint you! Citizens are being deceived, and they are deceiving themselves. Organise yourselves at various levels and think of alternatives to democracy or, at the minimum, how accountability and transparency will form the core of your democratic practices. Your lifetime president is not a Democrat. He is an authoritarian kleptocrat far worse than the combination of Doris Payne, Stephane Breitwieser, Simon Leviev, Veerappan, Derek Smalls, Vincenzo Peruggia, Bonnie and Clyde, Natwarlal, Carl Gugasian, Frank Abagnale, Anna Sorokin, Albert Spaggiari, Jesse James, Anthony Strangis, and Bill Mason. Do you know these names?

Traditionally, when founders start a business, the first thing they seek is financing, even before mastering the numbers. They mistakenly believe that generating the first sales indicates the liquidity and health of the business.

I have known companies that generate up to $5 billion in sales but, behind the scenes, lose half or more of that in operational expenses. Sales are important but not the true indicator of the cash the company has.

Cash is the lifeblood of companies. It is the fuel that propels them forward and helps them grow. You can keep a company moving with operational issues or a deficient strategy but without cash, the game is over. So, how can you bring your enterprise to optimize and grow its cash flow to avoid coming to a halt?

Often, when founders approach banks or investors, it seems like they speak a different language because what matters to financers is not how much has been sold but how much cash flow there is.

Therefore, the best time to approach investors is when the company is stable and you don't have cash problems – they will see your balances and know you are ready to inject that money into growth, since you don't need to use it to pay off debts.

To understand your cash flow, you need to know everything about your cash conversion cycle, which is, the time it takes for every penny invested in your company (whether in production, sales, marketing, etc.) to come back to your pocket.

The longer your cycle, the more time it takes for that capital to return to you, and the greater your cash flow problems will be. This happened to the technology company Dell.

When Michael Dell started his company in 1984, he ran it in the typical way a business operates: He deposited cash to get inventory to produce computers, assembled them, sent them to a distribution center, and then waited for customer sales.

Dell took between 60 to 90 days to see his invested capital return. In a short time, he ran out of cash, and as a result, was on the brink of bankruptcy.

Michael Dell, along with Tom Meredith, quickly reconfigured this model: They gave customers the opportunity to design and configure computers according to their wishes and once they paid, production began.

This way, Dell reduced its cash conversion cycle from 63 days to minus 21 days, having enough capital in advance for production.

The more you know about your cash flow, the more options you'll come up with to benefit your company. Simple strategic changes can make a huge impact, like reducing costs or increasing your price by 1 percent, according to cash flow expert and co-founder of Cash Flow Story, Alan Miltz. 

How can you prioritize cash to favor your cash flow? Consider models that utilize recurring payments (such as monthly subscriptions used by streaming, phone, and service companies), prepayments (like Dell, Tesla, and Threadless), or memberships (like Costco).

These models ensure enough oxygen to be strategic and seize opportunities when they arise.

After coaching CEOs for more than 10 years, I've learned and emphasized to business leaders the importance of having at least three months of working capital in cash to anticipate any eventuality.

It is time to master the numbers so that cash is not one of your main concerns but instead becomes a catalyst for your growth.

 

Inc

The abducted Kuriga schoolchildren in Kaduna State have been released by their abductors.

The state governor, Uba Sani, announced their release on his verified Facebook page in the early hours of Sunday.

The governor did not go into details of their release, but commended President Bola Tinubu, National Security Adviser, Nuhu Ribadu, and the Nigerian Army.

He wrote, “In the name of Allah the Beneficient, the Most Merciful, I wish to announce that our Kuriga school children have been released.

“Our special appreciation goes to our dear President, Bola Tinubu, for prioritizing the safety and security of Nigerians and particularly ensuring that the abducted Kuriga school children are released unharmed. While the school children were in captivity, I spoke with Mr. President several times. He shared our pains, comforted us and worked round the clock with us to ensure the safe return of the children.

“Special mention must also be made of our dear brother, the National Security Adviser, Nuhu Ribadu for his exemplary leadership. I spent sleepless nights with Ribadu finetuning strategies and coordinating the operations of the security agencies, which eventually resulted in this successful outcome.

“The Nigerian Army also deserves special commendation for showing that with courage, determination and commitment, criminal elements can be degraded and security restored in our communities.

“We also thank all Nigerians who prayed fervently for the safe return of the school children. This is indeed a day of joy. We give Almighty Allah all the glory.”

 

Daily Trust

Nigeria Police Force on Saturday confirmed that six of its officers were killed in an ambush in Delta state.

It also disclosed that six other officers are missing in action.

The ambush happened in Ohoro Forest, Ughelli North Local Government Area (LGA) of Delta.

This was contained in a statement on Saturday by the Force Public Relations Officer, ACP Muyiwa Adejobi.

“The bodies of six (6) of the slain officers have been recovered after a fierce search conducted by a combined team of police officers and other security outfits.

“The Force is focused on the search for the other six (6) officers; while all their families have been duly contacted,” the statement said.

Adejobi gave the names of the deceased officers as Abe Olubunmi, Friday Irorere, Kuden Elisha, Akpan Aniette, Ayere Paul, and Ejemito Friday.

He also identified the missing officers as Onoja Daniel, Onogho Felix, Emmanuel Okoroafor, Joel Hamidu, Moses Eduvie, and Cyril Okorie.

According to the FPRO, following the development, the Inspector General of Police, Kayode Egbetokun, “mandated the deployment of all necessary resources and personnel to apprehend those responsible for this senseless killing of our officers”.

This, he said has “led to the arrest of five (5) suspects in connection with the preceding incident and the killing, who are currently volunteering information necessary for the rounding up of all the perpetrators”.

The development comes days after 17 soldiers of the Nigerian Army were killed in Ughelli South LGA of Delta State.

 

Daily Trust

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