Restructuring of Kenya's Political Economy: a Case for Social Justiice!

Good Essays
Which school of thought do I subscribe to in political economy? If I dismiss the current conditions under which production or consumption is organised in Kenya, then what alternative do I offer? These are questions that I face every time I state that it does not matter whether its Uhuru or Raila in state house, Kenyans will continue suffering unless the current economic order is restructured. My view is that non of the two can willingly lead restructuring of the economy because they are beneficiaries of the status quo.

As I mentioned in my recent post, I am a libertarian social democrat. I believe that the private sector should and can be facilitated thrive, but with strong involvement of the democratically established state in tempering with untoward tendencies in the free market economy, so as to redirect productive resources to achieve socialistic ends.

In line with this, my view is that the fundamental economic objectives that should be pursued in building a socially just Kenyan nation revolve around restructuring of: the growth of the country's economy; the distribution of the country's wealth; the ownership of the country's resources; the control of the country's resources; and the utilisation of the country's resources

In commitment to social justice, a new breed of leadership should unfailingly pursue restructuring of the economy to ensure that economic activities in Kenya serve the needs and interests of the whole population. The economic objectives should be that every family has the capacity to feed, clothe and house itself, which in turn implies that every family has access to remunerative employment that is capable of providing these things. Food, clothing and shelter are the cornerstones upon which the belief and commitment to economics of social justice must rest.

Growth of the economy, which refers to the rate at which it increases its output of goods and services, will have to be increased and maintained at a substantial rate since

You May Also Find These Documents Helpful

  • Better Essays

    Political economy

    • 2655 Words
    • 11 Pages

    political economy, branch of social science that studies the relationships between individuals and society and between markets and the state, using a diverse set of tools and methods drawn largely from economics, political science, and sociology. The term political economy is derived from the Greek polis, meaning “city” or “state,” and oikonomos, meaning “one who manages a household or estate.” Political economy thus can be understood as the study of how a country—the public’s household—is managed…

    • 2655 Words
    • 11 Pages
    Better Essays
  • Better Essays

    Political Economy

    • 1066 Words
    • 5 Pages

    research. Current issues in the world system generally have been analysed by economic or political aspects. However “the polity is much more influenced by economic developments than many political scientists have admitted, and the economy is much more dependent upon social and political developments than economists in general have appreciated” (Gilpin, 2010 : 25). Therefore, Political economy combines political and economic theory to evaluate states and societies. In addition regional studies give…

    • 1066 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Political Economy

    • 4988 Words
    • 20 Pages

    need to understand the global financial crisis, which erupted in 2008, as a systemic crisis, a crisis of a capitalist accumulation, a crisis of over accumulation and overproduction. Such a crisis gives us concrete examples of the inherent battles for social surplus produced by workers and accumulated by a capitalist class. This is a crisis of a capitalist greed that is forever in search of possibilities to exploit and accumulate, through whatever means possible, be they be legal or not, be they moral…

    • 4988 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    political economy

    • 2027 Words
    • 9 Pages

    Taylor “Principles of Scientific Management” Management’s principle: secure the maximum prosperity for the employer and the employee Aim for high excellence and permanent prosperity Maximum prosperity for employee: higher wages + develop worker to highest maximum efficiency to get highest quality of work Max prosperity for employer and employee should = management Scientific management: these fundamental interests are the same since both benefit from each other (long term) Employer (high…

    • 2027 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Political Economy

    • 844 Words
    • 5 Pages

    Approaches to study of Politics Falls under Political Science We’re made to do the impossible Summary 1 paragraph will do. Provide the insight -Data -Theory used -approach used - use other references to prove your point 3 x 5 Surname all caps first name email address mobile number On approach deals with different meaning of politics Political Science What is Politics & its scope ? Banned words Politics is dirt Politics is nothing more than a means of rising in the…

    • 844 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    6 Political Economy

    • 13945 Words
    • 52 Pages

    UNIT 6 POLITICAL DEVELOPMENT ECONOMY OF Structure 6.1 Introduction 6.2 The Global Divide 6.3 Poverty of Income Comparisons 6.4 Global Social Reality: Essentials of Maldevelopment 6.5 Agenda of the Political Economy of Development 6.6 Some Important Aspects of the Political Economy: Theories of Development 6.7 Capital Accumulation: Role and Limitations 6.8 International Capital Flows 6.9 Role of the State 6.10 The Counter Revolution in Development Economics: The LPG Package…

    • 13945 Words
    • 52 Pages
    Powerful Essays
  • Good Essays

    International Political Economy The first chapter of the text deals with the fundamental nature of international political economy (IPE) and some analytical issues related to its multidimensional character. Chapters 2 through 4 are the core chapters of the text that explore the history and policies associated with the three dominant IPE perspectives, namely economic liberalism, mercantilism, and structuralism. These theoretical tools are useful in understanding many political, economic, and social issues…

    • 11488 Words
    • 46 Pages
    Good Essays
  • Powerful Essays

    A Review Paper of International Political Economy Of Michael Veseth Syville S. Sebastian BPS 4-1 Prof. Adam Ramilo “International Political Economy (IPE) is the rapidly developing social science field of study that attempts to understand international and global problems using an eclectic interdisciplinary array of analytical tools and theoretical perspectives” -Michael Veseth. The domain of International Political Economy is expanding beyond issues such as, international trade, international…

    • 1798 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Assignment Title: The Political Economy of Pakistan Submitted By: Ali Gohar Jamali Reg no: 0917104 Class: BS (SS)-7 Submitted to: Mr. Akbar Saeed Awan Subject: South Asian Studies Dated: 8th October, 2012 Introduction Economic and social outcomes in Pakistan have been a mixture of paradoxes since the country came into being. Pakistan, once a regional economic power in 1960’s could not realize its potential and fell behind its East Asian fellow countries. Politically, religious…

    • 3012 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    What Is Political Economy

    • 1113 Words
    • 5 Pages

    What is Political economy? * No widespread agreement of what; but understood in three ways- those who see PE as an interaction of existing disciplines, those who see it as a set of questions, and those who see it as a method of analysis: Interaction of existing disciplines: * Starting point is that as capitalism develops politics and econ becoming increasingly interdependent. * Not only interdependence of domestic pol and national econ but also international pol and global econ…

    • 1113 Words
    • 5 Pages
    Satisfactory Essays