The development of capitalism in Africa has led to the enrichment of a tiny handful but no such fortune awaits the working class. 'Nigeria's economy is worth $510 billion (£307 billion), by far the biggest in Africa, officials said after a long-overdue recount that gives it continental bragging rights but does little for the near 70 per cent of its citizens living in poverty.' (Times, 7 April) This development is typical of how the system works world-wide - affluence for a tiny minority, poverty for the majority. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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