Nigeria Essay

The Nigerian economy is most by all odds a organized political economy similar to that of the United States. The termination political economy examines the transactionhip between politics and economics in modern societies. Specifically, this relationship consists of a key alliance between the giving medication and the economy which are manipulated by the capitalist categorise in tack to serve all of their own interests. The capitalist carve up however set up be further broken down into a ruling class that holds the greatest power ot only among its military establishmental branches, but in any case the business and finance sectors.This is seen in the American society, specifically in the neoliberal policies implemented by the capitalist class system which wishes to privatize and deregulate different markets in effectuate to continue to prosper. Yet, this is not the same as the Nigerian State has ownership over everything. The Nigerian military government and its elite ruli ng class have come together to stimulate a powerful force hat has exploited people, land, labor, resources and markets.The class structure created by the Nigerian governmental system is the fundamental cause of their peoples poverty, and the planetary political economy produces an increase in unjust social relations in class, race, and even ecological systems. As Nigeria consists of a wealthy class which seeks wealth by any means, it is hard to see how a province like this can evolve much more until corruption is interpreted out of everyday elationships of the upper class.However, there is great hope at the same time, because Nigeria is a country that has wise(p) to make positive changes and learned from many of these changes, such as the democratization of the Nigerian state. Nigeria has learned to align and deal with many of their depicted object issues, therefore if necessary changes are do in order to diversify the wealth produced by the exploited economy. The national ca ke can be shared to benefit the social order of the society as a whole.