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Capitalism or Socialism: The Rational Choice

Published online by Cambridge University Press:  01 July 2024

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My subject is an examination of the alternative economic and social systems which are open to Third World countries. In order to keep this discussion within reasonable bounds I must make certain assumptions. It is important that these should be clear before I begin : for if the assumptions are not shared, then much of what I say will be irrelevant. Fortunately, my assumptions are not very controversial— at least within Africa.

The Assumptions:

My first assumption is that any discussion about the appropriate economic and social organisation must, for the time being at least, be conducted within each nation state, and the decision must be made exclusively by the people of that nation.

Secondly, I take it to be axiomatic that all the peoples of the Third World desire to govern themselves, and want their countries to be completely independent of external control. This does not rule out the possibility of political or economic links between two or more countries; nor does it exclude a possible voluntary merger of sovereignties, provided that these things are agreed upon after discussions based on the equality of all participants.

Thirdly, I shall assume that, to everyone in the Third World, the present degree of poverty, and the general lack of economic development, is completely unacceptable. We have to increase our production of wealth so that we may increase the level of our collective and individual consumption.

My fourth and final assumption is that our struggles for independence were national struggles, involving the rights of all the inhabitants. We were not aiming to replace our alien rulers by local privileged elites, but to create societies which ensure human dignity and selfrespect for all.

Type
Research Article
Copyright
Copyright © 1974 Provincial Council of the English Province of the Order of Preachers

Footnotes

1

Address delivered at Sudanese Socialist Union Headquarters, Khartoum, 1973.