Nigeria Essay

The Nigerian economy is most definitely a structured political economy similar to that of the United States. The term political economy examines the consanguinity between politics and economics in modern societies. Specifically, this relationship consists of a key alliance between the government and the economy which are manipulated by the capitalist straighten out in gild to serve all of their feature interests. The capitalist class however can be further confused down into a ruling class that holds the greatest power ot wholly among its military governmental branches, but also 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 order to continue to prosper. Yet, this is not the same as the Nigerian State has self-command over everything. The Nigerian military government and its elite ruling class have come togeth er to create a powerful ability 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 global political economy produces an improver in unjust social relations in class, race, and even ecologic systems. As Nigeria consists of a wealthy class which seeks wealth by any(prenominal) means, it is hard to see how a demesne like this can take much more until corruption is taken out of everyday elationships of the top(prenominal) class.However, there is great hope at the same time, because Nigeria is a country that has learned to make positive changes and learned from many of these changes, such as the democratization of the Nigerian state. Nigeria has learned to adapt and deal with many of their internal issues, therefore if necessary changes are made in order to commute the wealth produced by the exploited economy. The national cake can be shared to ben efit the social order of the society as a whole.