PNG in Light of Capitalism

PNG in Light of Capitalism

Joined: May 9th, 2006, 2:34 am

June 19th, 2006, 2:20 pm #1

The debate between socialism (belief in equality in distribution of goods and services) and capitalism (creation of class system in society) is far from over. In fact the battle of ideas is intensifying. International agencies, including the United Nations, the International Labor Organization (ILO), the Food and Agricultural Organization, the World Health Organization and reports from NGO's, UNESCO and independent experts and regional and national economic experts provide hard evidence to discuss the merits of capitalism and socialism which impact the socio – economic structure of developing and developed countries.

Comparisons between countries and regions before and after PNG got independence provide us with an adequate basis to draw some definitive conclusions on PNG’s economic performance: growth, employment and poverty. After thirty years of independence PNG, as a nation state emerging from the transition period to capitalism ( as evident by our class system created primarily of corruption) is more than adequate time to judge the performance and impact of our capitalist politicians, privatizations, free market policies and other restoration measures on the economy, society and general welfare of the population.

Whether we know it or not, over the past 15 years of the transition to capitalism in the world, almost all basic industries, energy, mining, communications, infrastructure and wholesale trade industries have been taken over by European and US multi-national corporations and by mafia billionaires or they have been shut down. Our political leaders have been blind folded and have fallen victims from the effects of this global capitalist movement. This has led to massive unemployment and temporary employment, relative stagnation, vast out-migration and the de-capitalization of the world economy via illegal transfers, money laundering and pillage of resources globally and within PNG. This answers the question of why PNG (or developing countries like Botswana) is not developing and has gone backward or as been declared failed states despite of being rich with natural resources.
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BV
BV

June 19th, 2006, 9:52 pm #2

Your observations are spot on, wantok. Capitalism is not the answer to questions regarding equity and development.
Papua New Guinea is to develop its own methods for dealing with its own problems and the idea of handing its resources to international stewardship makes no sense at all.
Colonialism and its imperialist ingredients left behind a half-baked potpouri of greed and exploitation.
Colonialism also left behind a residue that somehow stifled the Indigenous brain.
Remove this residue, flex your own Melanesian muscle and develop your own political and social system. The economy will follow this restructuring.
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Anonymous
Anonymous

June 20th, 2006, 1:25 am #3

Our leaders ARE developing their own PNG methods for handling all this. They're STEALING!!!!

I only said that tongue in cheek. The point is that we long ago started developing "PNG ways" to handle things but since nearly all our leaders are coconuts, their "PNG ways" are to blindly apply western concepts. So everything is now totally screwed and getting worse by the day.

Incidentally, what do YOU think are "PNG ways" for solving our problems?
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BV
BV

June 20th, 2006, 5:47 am #4

Not for me to suggest that which is your responsibility. I do not wish to reintroduce colonialism.
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hanua lohia
hanua lohia

June 20th, 2006, 7:21 am #5

Your observations are spot on, wantok. Capitalism is not the answer to questions regarding equity and development.
Papua New Guinea is to develop its own methods for dealing with its own problems and the idea of handing its resources to international stewardship makes no sense at all.
Colonialism and its imperialist ingredients left behind a half-baked potpouri of greed and exploitation.
Colonialism also left behind a residue that somehow stifled the Indigenous brain.
Remove this residue, flex your own Melanesian muscle and develop your own political and social system. The economy will follow this restructuring.
Now we are talking, that is my idea
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Kataa
Kataa

June 20th, 2006, 9:19 am #6

To BV and the rest, thanks for the views expressed. At least we discuss some ideas of such.

To BV, i belief you need to look more indeptedly as to why colonialism exists. Inotherwords, we have to ask what causes colonialism and analyse the concepts of colonee and the coloniser in view of capitalism and socialism spectrum at the broader level because PNG is part and partial of the global movment both economically and politically.
We are feeling the real,pinch of some deeper underlying debates in inequality currently addressed in most countries.

...any more???
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Kataa
Kataa

June 20th, 2006, 10:26 am #7


BV, My edition was not about capitalism as a solution to the problems we have in PNG.We are feeling the pain of capitalism( class system developed from corruptive practices) in PNG.I belief you have not understood the concept of capitalism and socialism.

Halapim Tasol...
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BV
BV

June 20th, 2006, 9:41 pm #8

Oh?
You are free to believe what you believe. I won't try to alter your perceptions of what I know, believe or understand.
Perhaps I have not explained with enough sagacity.
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Ralph Hamilton
Ralph Hamilton

June 20th, 2006, 10:30 pm #9

Gads BV,
you are letting the side down old chap.

By all means reintroduce colonialism. That way, I can have someone to polish my boots the way I like them. It is just too darn difficult to do them myself.

Now. Does "Bwana" really mean stupid? eg. Yes Bwana. No Bwana.

Ghuckle gurgle......Ralph.
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Manginatin
Manginatin

June 21st, 2006, 1:49 am #10

Whats ur point, Ralph? Stop being a sarcastic freak, if you have something to contribute to the topic do so, otherwise shut your hole and read on. I believe this topic is of no interest to you and you seem to be pushing ur nose in.

Manginatin
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