"For what Ricardo foresaw
was the end of a theory of society in which everyone moved together up the
escalator of progress. Unlike Smith, Ricardo saw that the escalator worked with
different effects on different classes, that some rode triumphantly on the top,
while others were carried up a few steps and then were kicked back down to the
bottom. Worse yet, those who kept the escalator moving were not those who rose
with its motion, and those who got the full benefit of the ride did nothing to
earn their reward. And to carry the metaphor one step further, if you looked
carefully at those who were ascending to the top, you could see that all was
not well here either; there was a furious struggle going on for a secure place
on the stairs.”
—The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers by Robert L. Heilbroner.
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| *Oluremi Tinubu |
Remi Tinubu’s outburst on the seeming side-line
of her hubby, Bola Tinubu, by the Muhammadu Buhari administration illustrates
the existence of an acrimonious struggle for dominance by actors in the
political space. It connotes the very fact that the poor masses of Nigeria
