As Namibia prepares to mark 34 years of independence on 21 March, the nation can be getting ready to carry its seventh Presidential and Nationwide Meeting elections in November.
Absent from the present debate of what constitutes a greater authorities than the one we at present have is the political and financial system that Namibia ought to comply with with a view to remodel the nation from a growing nation right into a developed nation.
Namibia is ruled by a socialist motion, Swapo, utilizing a failed Soviet Union fashion of governance inside a capitalist Structure.
The failed Soviet Union fashion promotes centralised financial planning.
As co-founders of a soon-to-be established capitalist political celebration, we’re right here to argue for a extra capitalist-oriented political and financial system as a viable different to the socialist governance system we at present have.
OPPORTUNITIES
Capitalism is considered as an exploitative system that thrives on the exploitation of the working class by demanding most output and with minimal wages.
Given Namibia’s excessive unemployment price and the abundance of labour, capitalism turns into a scapegoat when employees complain about low salaries. Nevertheless, this isn’t completely true.
Not like socialism, capitalism thrives on innovation and creates extra alternatives available in the market place which leads to financial progress which, in flip, has a number of knock-on results.
When governments open doorways of alternative and prospects, entrepreneurs thrive and compete, resulting in extra innovation and financial competitiveness.
One instance is the emergence of taxi hailing companies in Namibia (much like Uber).
Conventional taxis have their professionals and cons.
For instance, commuters who don’t have private transport within the type of a non-public automobile must flag down a taxi on the town which typically must be full earlier than it drops you off at your vacation spot.
Alternatively, their fares are thought to be comparatively reasonably priced.
With the emergence of taxi hailing companies, prospects now have a alternative, to pay extra for a service tailor-made to their wants or to take a standard taxi.
This can be a results of capitalistic considering the place enterprise persons are allowed to innovate.
In a socialist economic system, politically related people would have the ability to exert their affect on the powers that be by lobbying to have taxi hailing companies strong-armed out of the market in favour of conventional taxis, which frequently fail to innovate and enhance companies for his or her finish customers.
SOCIAL SERVICES
The present authorities supplies for social companies akin to healthcare and training and in consequence these companies are probably the most underperforming within the nation.
“In 2023, the training ministry acquired N$16,2 billion from the nationwide finances which constitutes 22.5% of the whole nationwide finances”, New Period of twenty-two December 2023 reported.
Regardless of such beneficiant provision “at the very least 75% of candidates who sat for the odd stage Grade 11 nationwide examinations in 2023 didn’t qualify to proceed with tertiary training or to Grade 12”, The Namibian of 11 January 2024 reported.
The hospitals within the nation are additionally a significant concern and are experiencing an exodus of medical practitioners (some who have been even sponsored by the federal government for his or her research) to the non-public sector for higher compensation and a greater work surroundings.
These are amongst examples of why we, as a capitalist political celebration, consider a capitalist-oriented economic system is healthier than a socialist-oriented one, not solely in precept, however in follow as nicely!
As we put together for elections in November, Namibians ought to debate the kind of political and financial system that can remodel Namibia from a growing to a developed nation.
- Penda Negonga is {an electrical} engineer by coaching, businessman, and co-founder of the quickly to be established capitalist political celebration that intends to rework Namibia right into a First World nation.
- Angeline Shilima is a trainer by coaching and co-founder of the quickly to be established capitalist political celebration; nappaparty@gmail.com
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Supply: namibian
