THOUGTHLESSNESS PART 2

Every man's brand is his pediggree of thinking capacity.The best logic of survival is to sustain what you think and once your thoughtfulness has set into pace the innertia force or motion,a rational goal getter cannot impair the daring stances of dreamland actualisation.The thinking capacity is the ultimate verve of a becoming and the standard gauge of actual motion and then reality managent.The way we think that impulse is the way we act and since notion goes before motion,the true portraiture of what we think is apparently reflected in what we do.We cannot control the outcome of our action whatsoever but we can control what we think. A man's destiny is tied to what he thinks,especially upon sighting a need with the resolve to proffer solution to societal challenge and once graffittis are drawn and images clarified,still through polished thinking capillarity.There is no barrier to the actualisation of destiny,once they are tied through the law of action to the ministry of purpose and ministry of mission.

THOUGTHLESSNESS PART 2

Every man's brand is his pediggree of thinking capacity.The best logic of survival is to sustain what you think and once your thoughtfulness has set into pace the innertia force or motion,a rational goal getter cannot impair the daring stances of dreamland actualisation.The thinking capacity is the ultimate verve of a becoming and the standard gauge of actual motion and then reality managent.The way we think that impulse is the way we act and since notion goes before motion,the true portraiture of what we think is apparently reflected in what we do.We cannot control the outcome of our action whatsoever but we can control what we think. A man's destiny is tied to what he thinks,especially upon sighting a need with the resolve to proffer solution to societal challenge and once graffittis are drawn and images clarified,still through polished thinking capillarity.There is no barrier to the actualisation of destiny,once they are tied through the law of action to the ministry of purpose and ministry of mission.

THOUGTHLESSNESS PART 2

Every man's brand is his pediggree of thinking capacity.The best logic of survival is to sustain what you think and once your thoughtfulness has set into pace the innertia force or motion,a rational goal getter cannot impair the daring stances of dreamland actualisation.The thinking capacity is the ultimate verve of a becoming and the standard gauge of actual motion and then reality managent.The way we think that impulse is the way we act and since notion goes before motion,the true portraiture of what we think is apparently reflected in what we do.We cannot control the outcome of our action whatsoever but we can control what we think. A man's destiny is tied to what he thinks,especially upon sighting a need with the resolve to proffer solution to societal challenge and once graffittis are drawn and images clarified,still through polished thinking capillarity.There is no barrier to the actualisation of destiny,once they are tied through the law of action to the ministry of purpose and ministry of mission.

THOUGTHLESSNESS PART 2

Every man's brand is his pediggree of thinking capacity.The best logic of survival is to sustain what you think and once your thoughtfulness has set into pace the innertia force or motion,a rational goal getter cannot impair the daring stances of dreamland actualisation.The thinking capacity is the ultimate verve of a becoming and the standard gauge of actual motion and then reality managent.The way we think that impulse is the way we act and since notion goes before motion,the true portraiture of what we think is apparently reflected in what we do.We cannot control the outcome of our action whatsoever but we can control what we think. A man's destiny is tied to what he thinks,especially upon sighting a need with the resolve to proffer solution to societal challenge and once graffittis are drawn and images clarified,still through polished thinking capillarity.There is no barrier to the actualisation of destiny,once they are tied through the law of action to the ministry of purpose and ministry of mission.

THOUGTHLESSNESS Part one

We are what we think and that is my best adage and you might think otherwise.We pull down ourselves or raise up our artistic ability by what we think and that is a gospel that even ages cannot deny.
We are what we do because we are what we think and given the axiom that the latter begat the former signifies the strategic but overaching impulse buying and domineering effect that thoughtfulness has over action especially the law of action and the extant impetus that drive them.Apparently,based on the pedigree of salvo fired,you become what you think and that spiritual force,no rational theory living or dead dare an attempt to deny.
 We cannot become what we hardly thing and the true passport of dunghill plummet,can not be lampooned always being thoughtessness and the pikestaff is as crystal as the nacre and the crystal waters.You cannot rise above what you think and we are not making referring to traditional or habbit formative thinking here and almost everyone except lunatics,cannot disaggree with that.

GROWTH AND DEVELOPMENT ; INDUSTRIAL REVOLUTION pat one

Obviuosly,there can be no doubt that development is by necessity evolved to fill a natural vacuum begging for a n institutional redress,in a pragmatic attempt to revamp social and economic standard of living of the people.The biggest impulse ever contrived in modern history for all time still remains the industrial revolution of the 18th and 19th century respectively.This in real terms,altered the cultural landscape of the western civilization.
However,it must be noted that social and economic demand riding on  the heels of  necessity was instrumental to its success and this signifies why political ,social and  economic values tend to change when  the need for technological values,also change.The great Britain was the birthplace of industrial revolution,beginning from the seveenth century ,at the  county of Lancaster,of a landmark event whose transformations  that later spiraled worldwide took Europe by storm.The textile industry provided the lead and being transformed by mechanisation and industrialisation that was begun in people s home known as the cottage industry .In the 1700s,a series of innovations ,prompted an ever increasing productivity,that required less human energy and manual operations and was spurred by the mass production technology provided by Adam Smith during the same period.
Moreover,the invention of spinning jenny by James Hargreaves-1722-1778 that enabled to produce multiple spirals of threads simultaneously..History has it that by times of his death,there were over 20,000 spinning jennies spread over great Britain.When Samuel Compton -1753-1827,came he was able to improve on the innov

ations of spinning jennies  with his spinning mule as well as later emergent machines. The power loom  which mechanised the process of weaving cloth,came in 1780s  been the invention of  Edmund Cartwright 1743-1823,This moved the world closer to fulfilling the dreams of Adam Smith vision of mass production  and made possible the mobilisation of the mordern fruits of  technology .
While evolution in the iron industry also played a vital role with the vital inventions of  Englishman Abraham Darby I678-1717in the early 18th century which discovered a cheaper way of  producing cast iron through a coke fueled rather using a charcoal fired furnace. An inexpensive process was first developed for mass producing steel,with the invention wrought by Henry Bessemer a British engineer ,in which both iron and steel became significance resources that made mass production possible form aplliances , tools and machines,infrastructure,buildings, to ships,cars among others.However,the biggest invention of the industrial revolution and unarguably was the invention of Thomas Newcomen 1664-1729,that was used primarily to pump water out of

mines.When in 1770s,came the Scottish inventor James watt to improve on the works of Newcomen,the most profound stage was set to usher in industrila revolution in an unprecendented way.
Obviously it is clear that societal and cultural  values change as technological mode evolves making possible to advance the practice of development and the standard of living respectively.Growth can spurned according to the extant salvos of technologiy and development can be formed when they are sustained and further commercialization of  its  efficiencies is improved.The practice of development though tied its apron string nvetheless can deny the extant values that supplanted it.It should be noted that the voyage of culture existing and  its nherent productivity found in people homes was was subsquently mechanised and commercialised to provide and promote this mass development of the later era.

A COLLECTION OF ESSAYS

                                           
                                        A  COLLECTIONS OF  ESSAYS

CHAPTER- 9---FAFOWORA VS. MADUNAGU; SEEKING FOR IDEOLOGICAL FREEDOM

In reply of postscript of May 26 written by Dapo Fafowora in The Nation campaigning for the adoption of market neoliberalism

This axiom is undisputed for all time :that freedom is the salvation of man under sun and the commonwealth and godfather of all social progress and human civilization is the ideological freedom .It cannot be so successful to achieve its desired ends unless intellectual freedom is leveraged to transplant it from the nursery and preserve it into the main field .When they mature culture is reborn and refined which is the mother earth of all progress and the foundation of the universe .How so great if we adore them and we shall preserve our civilization for all time or launch imprecation that may take eternity to cure when abhorred. It is the greatest challenge in mortal history-indeed it is the greatest battlefield of freedom –author.

 It is imperative to note that a society or a nation evolves based on the existing capacity of her economy and the available competence and core competence respectively needed to mobilize mass development cannot exceed this capacity rigidly motivated over time by wiles of nature and human instinct .

The development of human capacity , mainly human capital and human resources using these changing caprices predetermines the extent and the ratio of capital development that can be mustered over the long haul .Development therefore , no matter how small or big cannot go beyond the pedigree of social capacity at a time .

 However , inasmuch as it is pivotal to mass development , without development ideology or ideological freedom , the uniqueness and the quality of capital development which is the totality of mass development at a time cannot also be sustained over the long run . In stead of long term sustainable mass development , or capital development , capital underdevelopment roosted by increasing development mortality had become a lasting patrimony in the developing territories .

In one of my previous posted articles ‘the concept of capacity building and economic development ’ l categorically shed light and appraisal on the mobilisable proportion and importance of capacity building and unrivalled influence on not just economic development but sustainable economic development and the ire effect and imprecation of brain drain over Africa .

 Similarly , in my two books ‘Neomarxism : How to conquer world Poverty ’slated for publication in America and especially its African version ‘World Development Ideology and the Age of Microfinance ’(note:ebook version available } I also shed light on the effect of ideological subserviency over Africa ,diagnosing and proffering solutions to world wide economic crisis while using Africa as a case study , to nail the poser once and for all .

 I also believed this is the first time in history in which development system is proposed for each territory of the world based on prevailing local macroeconomic climate .In my successive studies , even it is plainer to a layman or casual observer that the problem of Africa today or most developing territories is lack of ideological freedom .In these researches ,I highlighted the rise and fall of African civilizations and successive ones .

Today , after the fall , no attempt had been made and accumulated complacency [bibliomania sis ] encouraged the latter triumph of slave trade , the outburst of successive neocolonialism and relentless blind patronage of modern neoliberalism . No development ideology, nothing! Why? Even where we have some philosophers and economists or some good thinkers coming up making a giant stride like south western Marxism popularized by great Awo, they seem to be basically pro-west like Edwin Madunagu or a Neoliberal advocates like Soludo, Sule Lamido or Dapo Fafowora .

It is certainly clear that the gain of erstwhile banking reforms had be come moribund and effect unsustainable. Even the newly rescued banks according to AMCON will take 10trillion naira to be liquidated rather than 1.5trillion naira needed for recapitalization .The banking system is in a colossal mess. The economists and the policymakers are the major bane and bone of contention .This ilk’s hardly think out of the box .No one thinks clearly nor get rid of this bias .

 To liberate African minds from the yoke of western ideological trap had become an arduous task .Even when their scientists and economists have been trying hard to relinquish and jettison past moribund theories which led to previous boom and burst mainly from the great depression of the 1930s to the past meltdown, our so called --African avangarde are still stuck in between , eating the excreta of dejected western moribund theories and proffering them as solutions to deter our nightmare . The worst part of this mess is that even a slight modification of these theories had been hard to come by.

The best we had was southern Marxism and effect not sustainable with the successive generation .Madunagu is an unrepentant Marxist .I have known him for long as media incendiary probably more than a decade now when I was still a vendor , before taken on journalism and writing as next target ,though we never met . A friend of mine was a core aficionado and is still very fond of him .He had so many followers like this guy and bequeathed nothing but trash to them .This guy hardly believed there were other intellectuals in the country that were far better than him . HE USUALLY CALLED HIM FATHER –‘ baba agba’ in Yoruba meaning somebody unbeatable and a leader in the field . All attempts to convince him he was no brainier sounded like the hoot of the raspberry .Fortunately , he is a scholar of repute and have strong sense of history .

Anyway , we can not take that from him .But my worry is that he would have been very good original luminary if he had challenged Marx AND contributed immensely to expand or refine Marxism in this country, besides being good historian because he is the nation’s no.1 Marxist and knows the terrain very well in and out .

THE FALL OF SOVIET UNION
 It is particularly interesting to note that the propagation of ideology must be preceded and succeeded by a good sense of intellectual and ideological freedom .The crash of Soviet Union came as a result of lack of intellectual freedom for the people of the old Bolsheviks .

 Hence , people were alienated from social ,political and economic freedom reserved only for the elite class who enjoyed the boon of ideological freedom .With the emergence of Stalinism , Marxism was heartlessly raped for good three decades and capital development was attained at the risk of intellectual freedom .It is the greatest empiricism in modern times as far as dispersal of ideological freedom is concerned .That in a society where ideological freedom is ensured , intellectual freedom sown over all citizens must be allowed to roost and distribute the gain of great charters of liberty over all .This was experienced by the Anglo-American or western Europe beginning from the Renaissance era and tirelessly keep mustering its steam for a good five centuries persistently clining even in the post-industrial age . We can imagine the kind of challenge a society without ideological freedom is facing talk less of an embedded disability potential entrenched in a socioeconomic system via the distribution of ideological freedom over all .

That is the ideology must be absorbed and fully imbibed over all irrespective of demographical differences prior to evolution of capital development so as to sustain ideological freedom –this is intellectual freedom .If the framework is abused , mass development could be strangulated which requires muses from the people for its success

.This remains a tall creed in the great charter of liberty .That a society to be liberated through ideological freedom must be mandated to also imbibe the fruits of intellectual freedom prior to explosion of capital development .This defines the essence of development cycle in a cameo which should be repeated by every successive generation so as to maintain and sustain growing antecedence of human civilization . Inability to adhere to this creed , better explains why democracy ,neoliberalism , nationalism , Marxism and the gains of economic freedom had failed woefully to materialize or yield result in most developing societies . 

The great soviet society did attain this up to a time and capital development attained was not sustained with the next generation due to abuse of intellectual freedom .70 YEARS LATER led to its fall. It is necessary to observe that local tradition usually grows or patronizes new ideology use so slowly .But when intellectual freedom is entrenched in human tradition via psychological behaviour , ideological freedom can grow so quickly with mass development and then capital development nurtured as cycle graduates and flow sustainable .

NIGERIA IS A FERTILE GROUND for ideological freedom especially in the south where mass enlightenment is a bit higher-a proof that intellectual freedom can be cultivated as the sole insulator of ideological freedom being the baseliners in the great charters of liberty . WESTERN NEOLIBERALISM : A SINKING SAND Madunagu’s unbridled and blind support for Marxism would not help Nigeria or developing countries in any way without rethinking Marxism and refining Marx to gain required aptitude and eligible standard for adoption .

That is an imperial fact .On May 26 ,2011 , I read ‘Searching for new Economic Perspectives ’a post script written in The Nation by Dapo Fafowora—a veteran essayist and young Nigerian mind making waves in this arena which informed the kernel of this article. I noted with rapture and bamboozle his erudition and perusal which exhumes the unworkable antecedence of socialism in most part of the world where it was adopted and how it was overtaken by Neoliberalism .He noted China , India and entire BRIC countries forming this nucleus and thus concluded that the model should be adopted for the Nigerian economy while declaring null and void the efficacy of socialist model .In my new book [African version ] .I call this mentality and prejudice ‘Biblio Myopia’ not common to developing countries alone .Mentally enslaved people hardly think out of this Pandora box of repression and especially we-- blacks are confronted with this problem as the most culturally subservient race .This stigma continues to confront us .

These men and we have similar features -- ideologically famished minds. Unfortunately , a Nigerian was calling for the adoption of the same model that led to great depression and the meltdown that thoroughly thrashed 5 out of 7 American investment banks into dungeon of obscurity .AIG , Merrill lynch , Bears Stearns , Lehman brothers and U.S. mortgage banks --Fannie Mae etc.all fell without remedy IN THE FOURTH QUARTER OF 2008 .A period in which MILLIONS OF Americans were bankrupt and homeless and countless marriages crumbled .

 When the sub prime crisis took the world by storm in 2007 , not many knew it would lead to credit crunch of this magnitude that detonated the toxicity in 2008 .On September 15, 2008 ,Lehman crashed with the largest bankruptcy filings in U.S. history .Then Merrill Lynch ,the largest stockbrokerage company in the United States also went bankrupt and was bought by Bank of America .The same banksters behind the economic holocaust and the new depression with no financial education even though claimed otherwise , are still being looked upon , teaching people everywhere , proffering solution to the crisis they perpetrated .AIG ,Fannie Mae and Freddie Mac are still mired in depression , in serious trouble and haunted by the crisis .

Today , Warren Buffet a notorious criminal and the world leading bankster, running the world largest Ponzi scheme empire is still being courted by government to help proffer solution to the nagging crisis mustered by their empire .Seeking help from a bankster who helped midwives the crisis is unfair and who sold the toxic mortgages known as the derivatives to government , pension funds and investors around the world , after rating the same sub prime mortgages AAA through Moody -an agency he controls [like Wells Fargo , General Electric , American Express and Gold man Sachs ] can be regarded as a fraud .According Robert Kiyosaki in the new book –Unfair Advantage , he regarded selling sub prime debt packaged as AAA prime debt a ‘fraud ’.Yet his companies have received billions of dollars worth of bail out fund from government after the crash .

 Is it not unjust that somebody behind the world largest Ponzi scheme empire is still being regarded as the smartest investor in the world ? Millions of homes are now under water , worth less than the mortgages .Retirement funds in America is short of 6.6 trillion dollars according to Kiyosaki and Boston college report 2010.These looses would leave Americans unsafe after retirement .In just one month alone August 2010 , approximately 108 billion dollars worth of defined benefit pension plan assets of the top 100 biggest corporations recorded monumental loses .

This means millions of Americans who contributed to this pool are in serious trouble of unsafe retirement and may not receive the guaranteed paycheck for life .Besides , the university of California retirement system –Calsters that was unfunded by half a trillion and engaged in risky investment , the Californian government pension agency ,Calpers –a public retirement pension system that accounts for 1.6million public employees ’health and pension benefits was also in serious trouble having lost more money than all others combined.

 The spill –over effect of the successive financial contagion even in the immediate post –meltdown era has not yet abated .What a rascal we would be if it is adopted! Fafowora himself in the post script concluded that – ‘‘currently , three European countries-Greece , Portugal and Ireland have asked the EU for financial bail out to avoid falling into economic depression .The British coalition government has introduced savage cuts in public expenditure to reduce its huge budget deficits ’’ I believe these are short lived measures and inadequate options .Madunagu was right to interrogate the quality of Neoliberal free market , he proposed to liberate the nation from economic quagmire .

 Then I burst to laughter a bit when he said ‘‘ So far Nigeria has been able to ward off a depression ’’I can ’t understand Fafowora linking it to a surge in unreliable oil income .Are we not in depression already or now in a country in which 15 million graduates are not employed and unemployable and 90 percent of the people are below poverty if we use UNDP poverty profile and not world bank poverty line concept .Great trouble is imminent if we adopt western neoliberalism hook line and sinker .Although , I quite disagree with Madunagu as a remorseless Marxism in most cases , but he was right to lampoon Fafowora ’s ignoble doses ‘with a populist passion ’ or any such ‘was bound to fail ’.

Truly speaking , it was a total failure in almost all developing countries .And mind you , market socialism not of the type preached by Madunagu had always been the savior .During A. Lincoln era besides the civil war [1861-65] James Garfield ’s 100 days in office and Kennedy ’s 1,000 days in the white house , the attempted introduction of U .S . green backs during the period to the era of Roosevelti an New deal that ended the depression at the end of world war 11 but disapproved and branded as national socialism by the supreme court in addition to Clintonian boom of the 90s –the golden age of U.S. economy
An era that created more than 22 million jobs and over 500billion dollars as surplus piled up in the treasury cannot be whisked away in a jiffy . The Marshall plan introduced during the end of the second world war to liberate Europeans from the miseries of the war cannot be forgotten but they blinkly unearthed some of its hidden potential

They same banksters behind the land speculative crisis of the 1830s were behind the great depression and who also profited immensely from the finance of world wars 1 & 2 helped induced the meltdown .During the depression, thirteen thousand banks crashed in America prior to establishment of FDIC in 1933 and from the end of the second world war till the 70s inflation not employment blanketed the nation. At the root of this problem ,the Fed .stood as the major catalyst of American economic crisis .

 It would be surprising to note that American government did not have nor own a central bank because the Fed .does not belong to it .The private Wall street bankers owned the institution established by Woodrow Wilson in 1914.Here is an institutions that was created in violation of article 1 section 8 of the constitution which restricts delegation of the right and power to create money and regulate its value beyond the congress or o other body .Despite the fact in 1935 supreme court ruled against delegating this power to another authority , it acted contrary instead against the law .

By the time the President eye opened to the ponzi scheme , it was too late .A full trained Professor of Law-a senior intellect was deceived to defraud his country .The Federal Reserve Act gives private bankers the American sovereign powers and the most important of all powers .According to Stephen Lendman in the ‘Grand Theft America :The untold story Of global economic crisis’, is the one most of all that governments hardly relinquish which is the power to print money and control its supply .This is the greatest calamity ever bequeathed to ADAM Smith philosophy of free market .Not only control its supply but also determine its value or price its scarcity mainly through federal fund rate manipulation and through changes in the monetary policy .

It is graphically absurd to charge government interest on its own money and later returned the same flat with no interest to owner ,creating money out of nothing and mortgaging the future of generation yet unborn . When on June 4 , 1963 , with the Kennedy issuance of the executive order [EO] 11110 , it gave the authority to the President to issue currency, ordering the treasury to print U.S.treasury notes replacing the Fed . notes and attempted a process to let government owns its money and resided with the power to print money and not Fed. banksters .

Several months later he was killed and Lyndon Johnson took over government to reestablish the Ponzi scheme to the glory of the Banksters and continue with the statusquo of fraudulent monetary policy shift , contracting and expanding interest with no government regulation and oversight control while the taxpayer foot the bill .Does it make sense to create money out of nothing transferring wealth to the banksters from the people ? When Nixon came , in August ,1971 closed and ended the gold window which once backed local currency , suspended its convertibility into metal beginning a new dawn contrary to Breton Wood core provision.

 Few greedy men had mortgaged the posterity as faith in the dollars declined on the altar of profligate policies and unbridled corruption . According to Lend man half a century later after the great Jefferson statement ,Lincoln narrated his vision : I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country ….corporations including bankers have been enthroned and an era of corruption in high places will follow , and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the republic is destroyed .

’’The Fed today is the world largest Ponzi scheme . It is the most fraudulent central bank in the world controlled by greedy banksters who were behind the killings of three American presidents for trying create one .Economist Michael Hudson and critics Stephen Lend man in their critics of meltdown reconstruction efforts had regarded EESA ‘cash for trash ’as a give away and not bail out .It indicates simply transfer of public wealth to the few banksters and insiders –a sort of financial coup d’etat and the largest and the most inequitable kind since the 19th century. That is why I have contended that inequality of wealth leading to reguflation causes inflation.

.The critics lamented this inequality and were angry at the amount of deceit and relentless fraud going on in the system .Having dished out junk of all sorts –structured finance or SIVs ,credit default swap , securitized mortgages , student loans , collateralized debt obligations such as car loans , credit and corporate debt , special purpose vehicles [SPVs] repackaged arcane and commercial papers and more later resorted to costly hedging ,when the bubble burst to socializing losses at the expense of hapless taxpayers .

 This enriched the fraudsters to cripple the economy .A system that rewarded criminals and crashed industrial capitalism replacing it with the kleptocrats .Little wonder Jefferson regarded the banking institutions as far ‘more dangerous to our liberty than our standing armies . Already , they have raised up a money aristocracy that has set government at a defiance. ’He further noted : the issuing power should be taken from the banks and restored to the people to whom it properly belongs ’.

There is a great deal of secrecy going on in the Wall Street . Some have blamed the universal banking model as the real culprit but indeed not really . In the banking crisis of 1930s the reform advocates during the period blamed losses on the reckless behaviour of securities’ affiliates of commercial banks .The universal banking model which entertains full gamut of both retail and wholesale ends of the chains offering services across diverse sectors and regions was scrapped with the emergence of Glass Steagall Act of 1933 repealed in 1999 which stipulated and enforced legal separation of commercial banking and investment banking .

But during the period subsequent perod have shown that those institutions without a security arms had a much greater threat and tendency to fail .Whether both studies are good and reliable or not is a matter of intellectual debates with the emergence of great meltdown .It is inadequate to link the problem really to lax lending practices , poor savings , poor credit rating , credit crunch and poor regulation .This happens everywhere .

These are secondary inconsequential factors . This indicates that the system is the problem and inadequacy entrenched in the neoliberal free market would keep crisis reappearing unless new model is evolved .How can few private banksters and greedy individuals in the country mortgaged the right to central banking of a sovereign and most powerful nation like America to their own parochial ends ? What they did not know is that inflation and recession are twin arms of inequality of wealth.

What a calamity will we caused our nation if adopted ! .About 13,000 banks crashed during the depression and was speculated that in a decade about half or more of 9,000 banks would soon go if the present model persists. We should not be a rascal to adopt this moribund theories here in Nigeria. Not many knew that even before the laws of the market were discovered by Adams Smith ,some scope of communism and extensive practice of unrefined market socialism not really the sort preached by utopian socialism was endorsed in Europe .

A long barren medieval abetted this practice . Moreover, this lasted from the late medieval for instance for good 800 years in France even after its revolution of 1789 [ref.Robert Heilbroner: Economic Revolution, pg.137,shaping of western civilization explains the mood of the era ] .The Renaissance movement that started in Italy became the sole catalyst of modern free market which began in Britain and lucre was the sole motivator .The trenches of disillusionment he noted with neoliberalism in the 70s and 80s and its total failure was due to ongoing ideological rivalry of the period or so called cold war a period in which it was reborn and resurrected by P.M. Thatcher in G. Britain and President R.Reagan in America . They adopted the philosophy of Adams Smith followers-Fredrick Von Hayek and Prof .Milton Friedman .When Soviet union fell , democracy and political freedom [ not economic freedom ] swept the world like tidal wave –a major reason behind its growing patronage and increasing world poverty prevalence 

AS UNFINISHED REVOLUTION MARXISM SUFFERS DAMAGE OF IDEOLOGICAL DISCIPLESHIP
But the problem here is that Karl Marx had no ideological disciples like Biblical Jesus , Prophet Muhammad or like Adam Smith ,whether in support or in opposition of the baseliner model .Smith had masters before him . Thomas Mum ’s mercantilism came before him and free market existed before him fully entrenched in human tradition left unexplored We also have people like John Law and the share trading of Mississippi company .When he came he reorganized this field of economics and had a large followers who succeeded him consistently polishing his thoughts .For instance , from the classical economics to neoclassical economics that produced the like J.B. Says among others to people like Joseph Schumpeter or historical giants like Milton Friedman ’s monetarism and Hayek , the world had become a better place to live ushering in unprecedented prosperity whose views were heavily adopted and respected around the world .Though Nobel laureates in economics are awarded on annual basis contributing their quota , broadening the study , many more challenges and hurdles however still remain to be mounted .--- The Keynesians and the era of macroeconomics were also influenced by classical economics ’s theory of larger market , mass production , division of lab our , laissez faire etc. [ref.later study on macroeconomics ] .

 Whereas Marxism suffers drought in this regard .Besides Engel , I barely knew or read about a prominent philosopher or many of such expanding this field of thoughts --Marxist economics .Practically none . Yet, it is the sole alternative study and the most reliable to spread wealth evenly ,or near evenly to ensure universal prosperity and banish poverty if well refined . The utopian socialists before Marx or prior to 1848 European revolution were prominent historical figures who mentored and indirectly influenced Marxism and Bismarckian nationalism, drawing inspiration from the failure of the revolution .

 I believe that lack of disciples in the development of this field and the nature of stiff resistance meted out to opposing schools especially during Stalin era strictly accounted for the fall of old Soviet . Several countries that adopted it like Cuba or China couldn’t survive solely with it. And even Cuba would cave in sooner or later to free market deceit like China because lucre is a deceiver .The reason is simple : Marxism was regarded as ‘ unfinished revolution ’because many details and grievances were left unexplained and unsettled .Several principles that should form the nucleus of Marxist Scriptures guiding the transition of social institutions towards the communist homeland were not expatiated and clarified . In ‘Adam Ulam: The Unfinished Revolution ’Ulam noted ‘‘How different will the better world of socialism be from the old one of capitalism? Marx and Engel have notoriously little to say about the wonderful new world their criticism and theories imply ’’ 

So much references were made in regard to the nature of capitalism compared to skimpy evidence of socialism .The Marxist world of Western Europe in 1880 fell mainly to Engel but his view was not that vastly different from his great companion .When he died in 1895, Ulam concluded ‘‘the canon of Marxism was frozen and vital questions of socialist role in parliamentarianism of the nature of transition from capitalism and of socialism itself remained to be fought over by revisionists and orthodox Marxists ’’As noted by an American ‘ain’t no disciple gat no appeal ’. I want to believe the anticlericals that form the nucleus of the reformation of the 16th century by the nature of their roles were socialists The Martin Luther king Jnr.Malcolm X. Rosa Parks among others who redefined American values , racial equality and the course of black history were no less socialists in the modern sense .

Little wonder, the permission obtained by Edgar Hoover from the U.S.attorney general of the period to ransack and scrutinize King’s private life found out shockingly he was no communist but indeed his action showed otherwise .If there were disciples shortly after Marx and Engel to polish this ideology , it could have been a more powerful force in mortal history .The role of ideological disciples [ as opposed to mere followers] is to maintain and sustain the tempo vital in the distribution of ideological freedom transplanted by early golden age thinkers in the field .Darwin also had great followers like many of the world great religion founders. 

DARWIN ’s LONG STANDING HISTORICAL COLOSSUS

Charles Darwin had a good history to draw from .According to Robert Wright -the author of Moral Animal , he noted after the Origin Of Man ,a great revolution began with the emergence of an increasing body of natural researches beginning from historians like John C.Greene and intellectual reactionaries such as William Hamilton ,George Williams ,Robert Trivers and John Maynard Smith encouraged the deepening that occurred thereafter in the study of evolution .

This broadened the instinct of evolutionary biologists opening the long withheld mysteries behind the social behaviour of animals and man .Wright concluded when he noted the existing defects that two epoch making books such as E.O.Wilson’s Sociobiology ,(1975) and Richard Dawkins (1976)-The Self fish Gene’ which spoke relatively little about the influence of human behaviour no doubt contributed their quota to increasing global appeal of Darwinism . The study of Darwinism or evolution is by no means peculiar to Darwin .Charles Lyell is the pioneer in this field had already advanced the study prior to or as at the time that Darwin started his thesis drafting 35 pages and expanded it to 230 pages later. While Newton discovered the laws of nature and dominated the 17th century ,Darwinist thesis on the evolution of man also competed during the period .Jean de Lamark (1744-1829) had earlier challenged the immutable fixity of species envisioning a comprehensive evolution from worm to man using the theory of acquired characteristics to explain the evolutionary process .Karl Marx also applied this to social sciences that social institutions were constantly in the process of change .

The thesis started from 1840s upward . In his ‘Progress ,its Law and Cause ’Herbert Spencer applied this to all phenomena. Whether commerce , Production , social development , language ,science ,literature and art all undergo simple evolution. This I described as ‘development cycles’ which rests largely on the institution of freedom .The social Darwinist who adopted this philosophy utilized its belief to justify the golden age of colonial expansion and Darwinism was enforced to justify imperialism of weaker race [i.e. blacks] .That colonies were instrumental to the survival of great powers .The philosophy of the aggressors-Marxists , Bismarckian nationalists and social Darwinists may not serve well Africa because it was meant to keep us as a perennially defeated race . The resistance and loggerheads between Darwinists and creationists till date serves to broaden the horizon and study of natural selection spreading intellectual freedom beyond initial scope that could have moved even Darwin in his grave today .

 The successive development created so many schools of thoughts and later refined their world view such as the belief of social Darwinists .On the other hand , in the Greek society , Several branches of philosophy such as Epicure , Stoicism and existentialism were evolved .But by the nature of their evolution had finished their assignment booking a place of pride I n the world civilization ’s history - It is necessary for ideology itself to evolve like every field of human study , it has promoted .This eradicates the irregularities and shortcomings involved in the original context for the benefit of universal welfare . 

THE SOCIALIST MOVEMENT VS. THE SOCIALIST ENTERPRISE. 

The socialist movement debuted as an intellectual and ideological institution in the 19th century . This created a means to counter the problems posed by rising tide of industrialism and launch protest against liberalism .Socialism as a word and ideology first appeared in 1833 and 1839 respectively .It simply re-emphasized the need to return to pre-liberal traditional society that once existed prior to explosion of industrial revolution .They were concerned with the social challenges created by industrial evils and the inherent trespass on right of man .That a society exists for the benefit of all its members as advocated in the middle ages ..They opposed the free market powers of the individual bourgeoisies which they believed had prompted social misery of industrial workers. They advocated social cooperation ,state capitalism and planned economy . Even though they could not cope they represent a rising conscience against the evils of capitalism .

 In France , count of Saint Simons (1760-1825)a bold aristocrat held sway who also fought alongside the patriots during the American war was the first to realize this challenge. Rene Joseph Proudhon (1809-1865) a self professed anarchist of French peasant stock also consolidated socialist influence in France .He was hostile to state and opposed private property .Robert Owen (1771-1878),a successful textile industrialist believe in good education and a good working environment would lead to human progress .Simon’s most vocal critics –Charles Fourier distrusted all centrally planned authorities and believe large bureaucracy would certainly lead to anarchy .Nigeria should learn from this .Whereas Sismondi a swiss economist entertained a popular stance believed all class struggle occurred as a result of world scarcity of goods .He could have been a great Marxist economist had he being that popular with that viewpoint a world model like Smith. 

My view on Neomarxism is a bit similar to this ends. He believed that with the new means of mechanical production an increasing floodgate of goods if left unchecked would lead to class war far more incomparable to previous wars. In an attempt to gain market share over temporary market rivals , increased competition induced by increase marketing , would create lower wages and increase working hours which would in turn lead to economic crisis and internecine wars between capitalists and further ballooning artificial poverty . Isaiah Berlin commenting in ‘Isaiah Berlin : The Utopian Socialism ’noted ‘‘Fourier ’s indictment is the prototype of all later attacks on the doctrine of unchecked laissez faire ,of the great denunciations of Marx , and Carlyle , of Daumier ’s cartoons and Buchner’s plays ,no less than a communist ,fascist and Christian protests against the substitution of new forms of privilege for old and against the enslavement of the individual by the very machinery designed to set him free. ’’ When Charles X was expelled during the revolution of 1830s bringing the Louis Philippe to the throne of France ,socialism gained impetus once more reviving literary revolution .

A tireless succession of books and media freedom attacked social evils of the day and proliferated remedies .The Lamar tine or Cremieux softly liberal proposals ,and the developed state capitalist model expounded by Louis Blanc and semi-radicalist demand of Ledru Rollin or Marast .Blanqui and Barbes also proposed drastic socialist policy using their journal L’homme Libre endorsing abolition of private property or violent eruptions . Apart from Pecquer , Blanc and Dezami , other scholars , who followed closely either popularized ,altered and diluted their original thoughts and doctrines. With his Christian socialist ‘words of a believer ’Lamais --a catholic priest in 1834 , published his revolutionary ideas .Also In 1845 , the ‘Bible of Freedom’ appeared and was circulated by Abbe constant . Fourier ’ s disciple –Consider ant also gained popular appeal when he supported and declared in favor of the abolition of private property .

They lasted for a quite a while and later evanesced as a movement especially the Saint Simonists .Unfortunately, they later became the same capitalists,--railway magnates , rentiers whom they had lived for all time to preach against .The previous gains of ideological freedom nosedived in to obscurity as intellectual freedom developed volatility. Sharing and suffering the same fate as the Marxists .Can you imagine ? That is the power of lucre . They lived only to fulfill at least one out of their master ’s prophecy . Communist settlement was funded by the fourierists in America like the Oneida community that attracted popular American thinkers. They could not sustain the tempo and pressure in the defence of what they believed like the Capitalists .Time pressure was against them –an advantage that the capitalists had exploited to the full altering the forms of the society as they deem fit .The capitalists and the merchants after the overthrown of feudal lords were able to exploit not only the gains of intellectual freedom but its proven merit of better standard of living derived from the fruit of technology , tested and applied to advance the course of capitalist prosperity .The socialists who promised universal prosperity-a far better alternative have fallen far behind .Most especially , the socialists have been seduced by lucre, and according to V.Lenin , have sold themselves to the capitalists think not of the future of their children or grandchildren but they themselves. 

MARXIST SOCIALISTS VS .UTOPIAN SOCIALISTS

We know that the original pre-Marx Socialists and original pre-Bismarckian nationalists were conciliatory , peaceful ,evolutionary , pacifist and tolerant in the great liberal tradition .Robert Owen , Fourier and the rest were derogatorily regarded as utopian by Marxist socialists .They were so labeled because in binging about peaceful change without class war such as the Scandinavian socialist reforms .That they need not sacrifice civil liberties to get the job done . The pre bismarckian nationalists like Herder [1744-1803] in Germany and Mazini [1805-1872] prominent in Italy .And like their historical brethren failed woefully in the revolution of 1848 .

This failure erupted the iron and blood nationalism preached later by Bismarckian and Marxist socialists ,opening a new vista in modern history .The so called Machiavellian was nothing new but not until 1870s was it systematized effectively and never before the age of Stalin and Hitler was it practiced with such ferocity and coordination never seen before in mortal history .The iron and blood nationalism that followed after 1870s culminated in Nazi Germany and fascist Italy and also led to Soviet Russia advancing iron curtain from Europe to Asia. It instigated like social Darwinists both world wars and global crisis .In the great words of Cavour who accomplished Italian revolution ‘‘if we did to ourselves what we do to our country what a rascal would we be ’’ 

SOLUTION TO WORLD ECONOMIC CRISIS : A NEW DAWN

 Rethinking Marx and reforming Marx is the way forwards for a nation ready to develop or in love with this revolutionary idea .That is why I have taken my time to advance neomarxist free market economy , dual or meta-macroeconomics and neomarxism respectively for Nigeria .I briefly appraised them in my books. I wonder what the be if according to Madunagu, it is the BEST option for Nigeria .I believe we are in Neomarxist Era - not neoliberal era and the world economy if adopted will swing from neomarxism to post Marxism as humanity transit from modern age to golden age civilization . The ideals of neoliberal as may be relevant and neomarxism can be merged to create neomarxist free market as sole alternative to conquer world poverty .There is no alternative for both developed and developing countries .This I believed if adopted , Nigeria can grow quickly and we can do in 5 years what could have taken 10-15years to achieve under normal circumstances . We can begin with this platform and then leveraged subsequent unique models as entrenched in this package to usher in universal prosperity for nations that adopted it .Nigeria ’s problem today is lack of development ideology and not corruption or mismanagement as such which is secondary factor .We are in new dawn we must change our mentality and prepare for the adoption .

 BLOGER’S DIRECTION

Not many know that the essence of this blog is to advance the concept and practice of microfinance which is the centerpiece of neomarxist free market economy and neomarxism.It basically deals with strategic impact of the microfinance industry worldwide especially Africa which is to be by content , 60-70 percent for microfinance and 30-40 percent for general economic analysis .Though I posted the African Dilemma –a political essays , this original direction will remain .

It is sometimes expedient for consideration of general economic analysis to be exploited to better align them to dire need of microfinance in an economy .It is by this initiatives that we can weigh its utmost important and optimal effect in economic planning and nation building .References and exposition of macroeconomic models are also needed to compare with the new solution being proffered. It places more emphasis on the fact that foibles in the mainstream formal financial system cannot be resolved without reference to common men to be served by microfinance being the economy of the poor .

Our special reports , interviews and related articles dwell on this axiom We must assess the role of microfinance in poverty alleviation , grass root productivity , microindustrialisation and self empowerment and how relevant are the effect of government policies to their yearnings and plight .Microfinance through its unique free market model would be the beginning of a new dawn in mortal history and the battle to eradicate mass poverty is more than real with this micro financial model. We proffer solution therefore to world macroeconomic problems which I believe cannot be solved unless micro financial macroeconomics model is adopted .
We do not in any way discountenanced  capitalism but in the sharing of wealth if indeed the two ideologies can be compared provided Marxism is well polished and mordernised in line with twenty first century movement both are competitive and even exceed the former. Obviously our golden destiny is intricately tied and cannot be isolated in derision of  our collective patrimony.

CHAPTER--10       OUR GOLDEN DESTINY

The destiny of the nation lies in the hands of its  people .The reproach of a nation is the abuse of the destiny of its people and a sacrilege to the sworn oath and dignity of human existence .Therefore the glory of man is the fulfillment of his destiny –the very dignity of human existence .It is pointblank to believe destiny  can never be betrayed ,hindered,delayed and defaulted once discovered .Similarly it cannot be disputed that the very solubility of hardy climate lies in the fulfillment of destiny and the maintenance of the integrity of destiny .It is a poisoned chalice to believe so otherwise .

Everyone has a lot to offer in life and a slot granted in life to every human persons and that slot is the destiny of man –the very start and star  in every man without which a man is useless and life completely meaningless. Take it or leave it –that is the gospel truth .Why then are many suffocated and their stars meant for stardom sinking and destined ,primed and timed or computerized to fail? So it is simple and can be linked to  a slot not discovered making it  a wasted life and unprofitable lifetime.What is the profit of a man if a life he lived is a meaningless debris and for every meaningless life a lot more potentially precious souls are dragged into similar mud –a bad deterrent for good mores .To use our slot more effectively is to live by example and be a luminary for the gullible human persons in our society .

We are not what we are ,we are not what we are supposed to be until this slot has been uncovered and what we ought to be is what we are supposed to be once the slot is uncovered .Am I using my slot ?Are you using your slot ?I doubt we are ;for if we do ,the world would have been a better place long ,long long ago .It is pretty dismal that the world has come crashing down this way and opportunity bracket sinking in an alarming increase in the population of shambolic lifetime- trends.We are brought down to this lowest ebb as a result of this missing link-our inability to uncover our slots talk less of paying  its cumulative debt and assuming the roles and responsibilities granted by mothernature to every homosapien in their own generation .Taking up this responsibility having identified them indicates erosion  and stagnation of  this missing link ,giving us opportunity to fully harness our hidden golden destiny .Now let’s move on-to  take up the slot is as uncovering your purpose or discovering your destiny .It ‘s pretty simple.

Truly destined souls are spellbound,spendthrift-less and bombastic elements of a stickler .They are enthused by the discovery of their identity so to say colloquially . As the very star and the glory of man that many failed to uncover ,it cannot be hidden however from those who know its optimal value .Once you get hold of that ambition and vision ,you are not far away ,soaking  your burning cheeks for fiery dreams . This is possible only when you discover your destiny .It is the very essence of mankind .Our human value is  equivalent  to this discovery upon which we can affordably and prestigiously over time grow our self esteem .Otherwise building up self esteem without this platform amounts to self –fluke and a perennially derogatory human dignity. In this context true identity that is possible only here is equiproportional to the integrity of human person and the very glory of mankind .

Our destiny speaks volume about the integrity of our nation and the very goodwill of  the people and the way we go about achieving them .We are planted as earthlings to discover our purpose and the purpose lies in our ability to uncover  our stars –discover our destinies .To raise our capability with it and to begin the mission having formulated our goals and objectives and the vision and mission statement in addition to ambition needed to support the ministry that is saddled with the responsibility of belaboring  the tasky voyage and mission into fulfillment .

The discovery of destiny is the very or most practical step  to achieve our goals in life.Infact ,a far greater horde of challenge is our ability to nurture them through the twist and turns of hardy climate. That requires functional passion ,  enthusiasm and abiding faith and a host of core values that can stand the test of time and strengthen our hold and golden resolve .We are all in the ministry and race of meaningful existence and failure belongs to those who fail to realize their true essence in life .The main catalyst of a successful ministry and the purpose of pursuit deployed in the actualization of this destiny in summary is the level of faith exuded in the mission .Its vivacity is the very breath  of destiny and is quite an uphill task when compared to the discovery of our golden destiny   and what we are meant to do ,what we stand for and what we can do with quintessential resources at our disposal  and boundless potentials credited us as per capital as earthlings .Those who underestimate  its potentials often die out at this 3^rd state .The first state requires a sharp acumen  to discover   our purpose-our  very identity  as a people .The second stage mobilizes all resources  at our disposal to achieve it .

Most visions and ambitions tied to destinies die out a natural death  at this stage .Now , let’s move to third stage .It may not be easy to climb this success ladder and often a challenge for successful people and very difficult to maintain such status or what they have achieved .Managing corporate stardom identity-their very trademark  is often a challenge-a big shoe that the poor cannot wear .It takes a lot of not just hard work but smart work to stay on top of the ladder .The third stage requires radical adoption of maintenance and survival strategy –MSS].Those who hardly maintain their stand on top of the ladder are tormented rather by MSS Setback Syndrome –MASSY ].Understanding these stages  and  their  psychosocio-ecological importance in the life of every  pursuit artist would go along way to help man devise easy-get-away strategy that helps aid climbing of the ladder and the maintenance of the top status  without blinking an eye or spinning head on a vertigo .In this way , they are sure of battling the syndrome to a standstill.

In some of my motivational tips ,we share and touch the first two stages ,here we touch the last stage and what we can do to stay on top .Since it requires only three steps to get to the top  ,the fourth ladder  include or the head –the top of the ladder requires the extra-competence for the serving  artists .It is necessary to observe that a given knowledge bandwidth or a set of ideologues  deployed including targets,action plans and vision and  mission statements  and used in the first stages ought to be expunged for the convergence of new ideologues and core values  to help successful artist fight the syndrome .Anything short or less gives less upper hand   drive down competence of the artist in question . Is the same as saying priorities and plans change as artist grows on the ladder .

This newer  set of ideologues and vision of survival should be more than competitive and which requires more than competitive benchmark  to maintain lead  .That means -If you are or your competitor  or next competitors operating in the same industry  set a new target and you are aware or knew it is a fact I think selling higher target is the key. But what if other competitors find out ,they might be  forced by the same pride in you to increase or raise their target .Sure ,but once you know that it is important to set  two or three targets and make the first but least of the new target public that make it publicly  low if possible even  below that of your competitors and  make the remnants private but with higher targets and known only to you .In this way you can stay  above the competition and can become your most powerful trade secret.How do you get data or information from other competitors in the industry for you to set those higher , hidden ,thorough and convincing  targets ?This requires deep competitors’ and competitive intelligence

Another way  to battle MSS Syndrome  is to be competitive and keep raising your capability to the limit .Already this is common among successful artists ,businesses and determined people in general .But with a caveat to discover more unusual technologies  taking the industry by storm and surprise to competitors ,introducing  cutting edge products  to outmaneuver  competitors  that would take years for them to catch up .In the business  and great commerce of  artistic capacity  building , winning strategies cannot be shortchanged for anything .The maintenance of waning competencies  in a survival led strategy enterprise that is also poised to battle the syndrome would be a great disservice to the possible upsurge of newer technology  which could be counterproductive to the general welfare of such enterprise .

Climbing the success ladder  may not be that easy  as some thought ,maintenance is equally an excruciating pain in the neck of pursuit or ambitious artists .No one knows  what to do to fire the first salvo and hardly can anyone determine or tell  the outcome of cannonade nor its peculiar filigree .Our destiny tells the true story about us –it is our corporate stardom identity-CSI to the outside world If well exploited is the golden resource by its applied and tested effects  that later becomes man’s legacy long after a lifetime or the exit of its carrier .Even though man dies ,destiny never dies whether fulfilled or not becomes history and the legacy of the carrier never dies .In true sense discovered destiny worked out left behind and attained becomes a lasting legacy .

The destiny  of  mankind  is mystically tied to the forces of mother nature and nature respectively  as the destiny of every man is tied to the destiny of every man .Man is a keeper of his neighbor and the mantle of salvation of every man is interred in every man .Your asset is your neighbor even as you  are the asset and liability of your neighbor .The society is reproached when we are at loggerheads  with this objective axiom that civilized but belligerent people tends to lampoon. We are not immuned from the predicament of our neighbors and the eventuality or fatality of times that ties us together  and we can be equally as lucky as our fellow man .Therefore ,the  disaster of every man is ingrained in the disaster of every man .Man as gregarious flocks of animal ought to live and tread with caution with whatever it does –an aberration in modern society .No man is safe until his neighbor is safe and no man can have true rest with eyes closed until his neighbor has successfully done so .It is an understatement or the biggest litote of the century or the millennia to assume otherwise .In this context ,  universal  safety  is impossible .Our destiny is tied together irrespective of differences in custom ,race ,tribe and diverse cultural ,geographical and demographical barrier and we cannot escape this inalienable fact of human existence  .It is an incontrovertible truth that history and ages have failed to decipher .We cannot be deceived our salvation lies in the unity of mankind .

The word ‘destiny ‘ is theoretically and practically misconstrued and strategically a general ministry of man and an established natural law of meaningful human existence .It is devised  for problem solving  and human ability to help his fellow man surmount challenges including his society  of  problems  beyond their immediate capability. This explication is better  clarified when we refer to the word .Truly speaking for us not to be deceived , the destiny  of man is in the service of fellow man .As a general ministry of man it is not peculiar to any man .That the destiny of every man is in the  service of every reflects the extent to which human capability can control future hitherto uncontrollable events and the joint responsibility of mankind making effort toward this great service .It means human capability to control the risk of general fatality ,universal eventuality and prosperity  which are directly future related  somewhat uncontrollable events  whose risk in general does not exceed human capability to control its mystical phenomenon  .This is possible only  in the unity of mankind  unctioned in the public service and the distinguished service of the sworn oath of human existence .We are destined to survive together  and that is the greatest  mission of mankind in the accord of  mother nature  .

Therefore no man is destined alone to survive without the help of his fellow man .In this guise , man lives on a daily basis to  subconsciously  to observe the preservation of this oath of service . Unfortunately as bellyful and bellyaching as we are of this oath ,human sentiments and rational vacuity betrays us of our moral sense of responsibility and justice needed in the true observance of that priceless mission precious to the protection of our integrity as earthlings .Consequently ,the destiny of mankind  is polluted,smeared  and heavily misrepresented as we do utmost disservice to the great unity required to promote that universal ministry.Our destiny speaks of our time and our true destiny is collective destiny in contrast to diffussionist-critics  community which  subscribes to  parochial pursuit with propensity to preserve self-interest of these disgruntled elements as panacea to preservation of human freedom and wealth  maximization .Mordern capitalism as it were  over the centuries and till date  is still cunningly responsible for this degeneracy of moral psychedelism.In this regard ,we are not spared of the economic ,political and social storms bedeviling human society .This is linked to the polarization of destiny of man –a great disservice that strengthens its brawl on the missing general  unity of mankind .How do we return our lost collectivity ?As it is to return fugitives sent to exile and parched places of the earth requires return of this unity .

Empirical evidences abound that no man can survive on its own and infact self preservation and self interest cannot  truly survives without  preservation  of  social interest .I n other words , our  individual destiny on a per capital basis is possible only to the extent at which social interest  is amortized or collective destiny is amortized.We owe a lot to our mutual existence and environmental  welfare –a notion that social Darwinists have often lampooned  as the rantings of an ant-a derogatory remarks so remorseless as ages unwind their sails in the 21^st century .We have long betrayed our collective destiny in pursuit of ruinous parochial prejudices and the catchword often perennially is ‘’every man for himself and not destiny for us’’Until we return to the sworn oath of our existence ,there shall be no end  to the storm upon storm in the society of man .

As aspiring mind aspires and desires to climb the ladder as entrenched with its manifold headaches  and never ending  hardy climates ,it is apposite to observe that the tasky voyage of climbing the ladder cannot be merely possible without the service of fellow man including sterling capabilities needed in contributing time ,labour and sweat to the fortunate man on the success ladder .Succesful achievers have consistently indulged in the customs of stolen time needed for the general fortune of mankind tapping into the riches of the labour and sweat of the fellow men  at their service .It is this sweat  and cumulative time wisely invested is responsible to the success of these great achievers .But those who sow do not truly labour and those who labour do not truly sow and those who do not truly labour reap all.

To a larger extent ,they have amassed stolen wealth using this fraudulent method  heavily swindling the labours ,sweats and exploitation of quality time of vision-less laborers  and clueless mankind .The buccaneers and bilkers of egalitarian freedom hardly  desired for a change ,heavily bent on  protecting the statusquo ,not reinventing the wheel fiercely resisting the new order that might seek to challenge vested interest .Destiny is a first class at hand  if properly identified and uncovered by willing art  and as ambitiously aligned to future unpredictable events is the responsibility of those with sharp acumen .The purpose of universal human solidarity could easily accelerate attainment .We are not  what we are and what we claim we are is still shrouded in secrecy and a fickle until our purpose for living is identified .Until we identify our roots- the golden destiny Indeed ,collective efforts and recognition of the destiny of mankind calls for service and lies in the service of man to man –a unified common bond of our mutual existence .It appears insane for a particulalr group ,tribe or race of man to parochialise critical issues central to our dear mutual existence largely impugn social interest in favour of selfinterest driven human destiny .

The truth is –mortals are parochial paranoid and  irrational animals though sometimes rational enough to realize the  service of fellow man to every man critical to their success  and triumphant capabilities on the success ladder .Ever part of us  as individuals is destined for the larger part of the whole body of mankind –a position that might not be possible centuries and thousands of years ago  in America or the whole world .

 Cacophonously  one expects   that time is ripe –appointed ready for speedy harvest .  For the umpteenth time no destiny can be fulfilled without confession of the artist,divination , oracles ,incantation and the maintenance of  spiritual  and cultural efforts of thy fellow men .To the most grateful artist ,when it is fulfilled ,such cadence is noted with the satisfaction that goes with the aertist in question .To stop the bling-bling posturing in favour of human destiny –so to say which does not augur well in the true economics  of human safety and social interest preservation  or general welfare of mankind . The mobilization of the former must be so streamlined in its selfless service to observe the collectivism  and collectivistic  optimal  value of  wealth in the general  maximization of  destiny of mankind .To a larger extent ,one cageys relatively  so to say is mankind biggest Achilles heels and a blind sport .How do we mobilise   blandishment to quell this blench if need be  and the perpetual degeneracy of moral bland and  cultural apathy that defiles its zeal  and muster motive ?

Whatever strategies  we might use ,it must begin by focusing on measures needed to resolve all burning issues confronting mother earth in this coastline of  tumultuous challenges  that divide humanity and nature in general.I think the easiest thing to do is for humanity to learn sharing of wealth and the art of universal justice otherwise known as collective destiny can be supplanted after a certain level  of universal freedom  is attained at best .With the ideals of such type of freedom –a sort of egalitarian freedom that better reflects  an affirmation that larger spectrum of mankind has regained  zeal  to fight together and work for the fulfillment  of that great collective destiny .Even with that level of consciousness , it might not  even favour or work as we desire but understanding the theories of social interest and the dire implications of lack of mutual cooperation and public awareness  can do or has done a lot of untold damage to that collective destiny  that ought to bind as one indivisible entity  of  homosapiens .

Life is a complicated journey –a tasky voyage operating at a tangent that  intentionally  spares no one by the nature of its mystical powers full of complex risks  which requires mutual cooperation  and intense public consciousness for larger humanity to effectively manage the discovered purpose  of our collective goals  .When human excesses such as artistic abuse  arise out of  those men who have reached their prime and target in life or those satisfied with their comfort zones  as the case may be ,this jeopardizes  or endangers successful ends .Human excesses  is also regarded as artistic abuse as noted earlier not just a component item rather than artistic ingenuity that seeks to  maintain egalitarian minded and people oriented vision  and ambition . The loss of this charm often corresponds to the loss of human destiny  or by tradition is somehow detached  and without   this collectivism – general welfare of mankind .

Parochialism in this critical  sense though broadbased , one refers to  destructive parochialism  under artistic abuse that is illuminated by dishonesty , corruption ,mismanagement , and all sorts of character-social vices .Above all ,the inability of the rich ,the elite and the political class  to share  their wealth and commonwealth with haves-not and the less priviledge.This  high inequality of wealth can also be regarded as artistic abuse or its component  -a stark masquerading  of human parochiality  brazenly manifested in a never ending  bizarre saga of these disgruntled elements whose optimal goal is to mortgage universal progress , prosperity  and public justice and to betrays its preservation .The essence and beauty of universal justice cannot traded or shortchanged for anything –a missing link that they have exploited and devised to enrich their class .

The mode of capitalism is a sole contributor to increasing social vices worldwide unless capitalism crashes ,the attainment of collective destiny  would or might  remain  a mirage for eternity .We live in a nebulous enclave that indulges and sacrifices and delights itself in mortgaging general economic freedom for the beauty of vested interest as capitalism preaches self interest  and shall owed economic freedom .Then socialism –alternative to capitalism that came along since 1833 or thereabout did not help either  having crashed in the 90s for glasnost and perestroika to take its place for the collapse of old soviet  rather than proffering solution  aggravated instead  the miasma of hurdles into the pit of hell. Nobody protects social interest, no economic political ,social and cultural system did ,had we done so would have lived in a world free of crisis and wars .Understanding the  gravity   of social interest  and lack of communion between self interest often contaminated by artistic abuse and social interest if need  be can be a lasting panacea to this never –ending scourge of public malaise .

As men desire and struggle to climb success ladder ,artistic abuse and its inherent debased value is a factor though does not seem so the culprits of public justice who think otherwise having profited immensely from these inadequacies to boost their chances ,enhance their capabilities to rise above utopian class climbing this  ladder  of human destiny with artless ease . This plain old nightmare of a tireless storm and monstrous scenario has come to stay as the vogue or norm of modern profiteering racketeers ,moral dissidents and buccaneers  of public  justice  may not disappear from the earth .How so much possible again is a revolution and counter-revolutions?Only time will tell  as the posterity looks seriously dicey .This is because the rich are supposed to fund revolution or as the financier might be at loggerheads with the notion to terminate their superiority and the  possibility of collective efforts of mankind to fund their campaign and fulfill their discovered purpose .

The world is a lopsided arena and the utopian class requires a greater portion and rich pies of the great charter of liberty to succeed  .In synopsis , without ideological freedom and intellectual freedom ,and some level of economic freedom , revolutions and counter-revolutions may not work  and capitalism unknown to capitalists in general could be responsible as the seed of its own destruction .To rely on few petit- bourgeoisie ,not easily or broadly distinguished from the bourgeoisie could lead to a fatal failure and there is no need to reenact the great folly of the old Soviet and its theorists.Having a certain level of economic freedom for instance a growing level of this middle class is also vital but not a formidable ,and inevitable standard that may be corrupted by the same capitalists to which they owned allegiance with seared conscience unknowingly faced a bleaker posterity even though it can be a phenomenal weapon of the revolutionary campaigns.The working class and the trade unions having been alienated by the industrial reserve army or surplus population may not also succeed .This including the unemployed and under-unemployed  classical economists as coined by classical economists and Marxist-propagandists could pave the way for this degeneracy .

The possibility of success requires a clear cut sense of ideological freedom and high tonnage of intellectual freedom .It ‘s pretty simple ,the approach could be bloody revolutions like the  Jacobin terror during the French revolution of 1789 and the Bolshevik revolution of 1917 both counterproductive  or the tacit revolution of pacifism  -not as propounded   by the Utopian socialists and the failed European revolution of 1848 that produced the Marxist socialists and the German Bismarkian Nationalism of Iron and blood of the late 1870s whose philosophy like the Social Darwinists of the same era  culminated into the 1^st and 2^nd world wars .

A good sense of ideological  freedom  and a tolerable of economic freedom is needed to crystalize intelligent revolutions of their time .Citing a local sample, comes greedily to mind –how did IBB succeed in the palace revolution of August 1985 ?Although is a different ball game entirely dealing with a clueless bloody civilian-lackey  but it is also worth mentioning also that how did late S.Abacha succeed in similar scenario in 1993?So, to launch a civil-military-democratic regime-not military totalitarian regime now a thing of history , we require a palace revolution to make it work .The possibility of success also rest on the traditional piety such as Oath-Swearing Ifa divination in the Yoruba land with instant results or the consultation of local Nigerian Prophets coming to the rescue for its success. It may be absurd without an iota of sentiment-not derogating its instant effect-factor , the former is faster by effect and a caution to the proliferation of artistic abuse .Churches and mosques have been bought over by kleptocrats seduced with stolen money to politicize their acumen and shrouded in secrecy and lack of probity tends to malfunction compared to Yoruba traditional mystic practices or alternative.

As the theatre of absurdities unfold remorselessly and tirelessly ,it is clear that the fate of Nigerians might not change say in a thousand years to come or more. Even though as the best form of government , democracy   has failed Nigerians and like the military which wrought the marvel of the best infrastructural project in the nation’s history is not immune either and our hands are tied –where do we go from here ?Ifa divination is for a purpose it is meant to protect the crusaders of freedom-the crusaders of the palace revolution from the risk of death .Like a safeguard which western religion does not guarantee ,their life must be protected and nobody wants to die for nothing. That is the first requirement.

Another option, measure  or requirement  to start the palace revolution is to stress the significance of the legal freedom .Understanding the imperatives of court process and the strategic impact and the role  incorruptible judges  can play in strengthening this process after a given level of these forms of freedom have been attained is vital to accelerate its impetus on the nature of polity and politics of a nation  .This go a long way to liberate the utopian class from their challenges and lifelong bondage possibly the attainment of collective destiny in the long run. Unfortunately ,the entire Nigerian legal system is groaning under unprecedented level of artistic abuse or corruption making it impossible in most cases to get a credible judgement from the courts of superior jurisdictions. Even at that lengthy court processes too much adjournments say a land cases that may tarry two decades if not more could frustrate the motives of freedom crusdaers at trusting its credibility to delivers when it matters most. This is an option anyway quite uncharitable to the course and its patronage not encouraged .

It must be attempted however while open public protests of the crusaders under its protection charm is endorsed ,there is need for a media voice and sometimes based on the discretion of the crusaders stealthy distribution of its publication to the desired readers is also encouraged . It appears the incendiary propositions as noted above and somewhat mutiny inducing strategies is simply not vastly distinguished from the Arab Spring though with emphasis on bloodless revolts attempt at social reform. This is vital to protect utopian class and promote the hitherto sinking sand of collective destiny of the people . The problem lies not in our stars but in our thought process perpetually impaired to adjudicate the virtue of universal freedom.

                                MUTUAL  EXISTENCE AND  COOPERATION

In every gamut of human endeavors ,mutual relationship and cooperation with fellow man is a strategic imperative that is common all over history of homosapiens .It is catapulted by public consciousness of our environment .Mankind for ages not known even to his forefathers has worked assiduously and subconsciously towards attainment of the great destiny of mankind .However artistic abuse –a canker  has been equally responsible  especially the great setback mankind has experienced during the same period .

We must understand why public consciousness has failed and unable to live up  to expectation and disabled to  avert  this ever soaring decadence-a major bane of modern civilization. This still remains a big question mark in spite of avalanche of information saturation of the social psyche from the media and the phenomenal growth of science and technology  in the 21^st century  .To avert this shortcoming we require a strong social movement and the mobilization of social forces placed in appropriate position with the right logistics and social apparatus –non-state apparatus driven by visionary civil society .This works toward to universal justice .

Whatever we do  today has an implication negative or positive to somebody somewhere  tomorrow .Modern society as it were in the ancient goes round in that virtual or vicious cycle in a tireless spiral  .We reap tomorrow what we so w today and we reap today what we sow yesterday. Our characters of justice is shaped by this moral investment and our beleaguered mind ought to change as human rationality changes .This also marks a paradigm shift in human tradition that ought to change as millennia change. For the entire stretch of history ,this noticeable change phenomenon  hardly rubs off on the larger society unable to  fuel  or catalyze change in the dimension in which public consciousness  can take to avert this decadence . Here  goes the battle line drawn not in vain but in favor of palace revolution.

The role of public consciousness is to arouse total psychological ,ideological and economic  consciousness  or its moral awareness  of mankind in totality to the observance of collective destiny of mankind. It does not rely on media or mass media alone but the rate of information freedom diffused from community to  community .The privileged few all over the world has profited largely from the dungeon of psychological and ideological incarceration of the larger swathe of world population .Nigeria is not an exception and in this servitude of fear no one wants to die yet no one wants to suffer in vain that others might enjoy. IT’S AN ABSURIDTY  .That is the height of tragicomedy .For those who fight risk the life of death and for those who lay risk of life long bondage; for those who pray and plead ,the risk of rot may linger .Democratic movement betrays  the essence of public destiny and its gains eaten up by  artistic abuse. Its  inherent inadequacies ,mal-structure  embedded in its system is callously responsible for this rot .Africa is full of lack lustre pundits and their inablilty to mobilize social forces and dominate  natural forces so as to effectively sinking polity and stinking political dilemma gripping Is responsible for this mal-structure.

The struggle for  human survival is successful in the short run as long as the ministry of individual destiny is concerned and tend to decline in the long run as long as the general good of mankind is concerned .In other words ,self interest does not live long to survive entire mankind even by its aggregate per capital .To think otherwise is a fallacy and pales into insignificance ,the sovereign capability of  social interest  through the activity of public consciousness  to pay all social debts  and attain universal justice with ease.   No man can attain anything on his own without the capability of his neighbor .We are known for what we stand for and we live according to what we believe .

It is empirically proven a great majority of those who discover their destinies takes a longer period of time to do so .There is convincing evidence that most men apart from the predestinates or predestinists  takes a considerable long period of time to uncover their purpose amidst trials and errors or learning from mentorship prior to diffussionism .So ,self discovery process is a pretty complicated matter  but I doubt it is .

Remember the destiny of a man is attainable in the service of the  destiny of a fellow man. Man is tied in the intricate web chain and domino-effect of universal life survival in the same way he is tied ordinarily  to a fellow man .Sincerely speaking this bond is expressible in the strict sense of service .While some men sit in the comfort  zones  of their posh offices hibernating in hedonism, illuminated by Air Conditional effect ,driving posh cars ,masquerading with electronic gadgets ,peasant farmers under excruciating pain of subsistence farming are responsible for the growth and production of food and availability of food  that hedonists on a daily basis consume or rely upon for survival .It is naturally expedient to assume, based on  that  they account  for the larger swathe of domestic foods ,the society   produces  .Our destiny is strictly tied together by service but the bone of contention is –majority suffers for the few and their life not safe while they contribute on ly to the survive of the predators.

Like I have said ,to discover your destiny shouldn’t take much of your time ..Since destiny means problem solving ,look for a problem or challenge and proffer a solution like a math whizkid  and heypresto you are done .Be always eager to help other people solve their problems  You will be amazed at the level of your popularity .It would surprise you to discover that even  some  rich people do not  discover their purpose and plainly by being prejudiced become a burden to social system seeing the poor as mentally lazy and not fit to live .Still yet have tapped, sapped and drained their sweat , lab ours and stolen hours to enrich themselves .  We can say boldly and infact justified to say that the poor has contributed more to the development of human civilization and the world economy at large than the rich .That those who sow never labour and those who never labour reap all ,harvest all.

So much experience has been gained by learning from their lab ours and stolen times and without  learning from their sorrows and pallor working condition ,modern civilization would have been unthinkable .I think the crux of the matter -collectively they have failed to theorise and then practicalise their experience that is rich with creative imagination  but less of strategic thinking .Think of what you can do to help your nation, your community ,your society for a better nation .Think of what you are passionate for ,and deliver services in the most convenient and most affordable manner possible .

I deploy  a very  distinct approach and outlandish gesture in the definition of  destiny –a type that is unprecedented in most books that ve read on the topic .Why  do many scholars and elite get it wrong ?An approach such as this conceptualized cannot be seen on any book treating similar topic ………

                             HAVE YOU DISCOVERED YOUR DESTINY ?

All over the world hate is a crime even though we know  it not and everybody under its auction is certainly responsible for its outbreak. Sometimes it is used for the protection of   human status sometimes without reason or sentiment driven .Like a tumor ,it can soar also in attempt to protect human pride ,tribal ,national ,racial and religious pride .It’s kind of hydra headed monster  .Custom of envy is at the bedrock of modern civilization  .Unknown many is also partly responsible for giant strides of science and technology over the last five hundreds years .

As a matter of fact , universal progress has stalled by the same rate at which this crime has grown and probably worst form of artistic abuse ever contrived .I think it is .It is also responsible for the fact that  the  envy of  talented people  by those at the corridors of power or those with ability to help or the rich is certainly accountable for the underdevelopment of human society especially  in the developing society that requires skilled labour for exponential growth and bridge development gap.

Nobody loves a talented people in this part of the world and the opportune class in most cases  envy them.I think it is the same thing in all walks of life   .Nobody is spared  of this curse or crime even parents  are guilty of this crime subconsciously  or consciously killing their children talents or sometimes  without  knowing it.Imagine  we are  loosing  the best of doctors on a daily basis ,the best of teachers and in virtually every field of endeavors including the informal sector artisans .How do we break even ?The best of hands were never discovered  in all walks of life simply because somebody somewhere through the imprecation of hate crime is silencing beautiful songs that were never sung and beautiful voices that were never heard .

In the midst of this hurdle however ,a determined person ordinarily would not be cowed and once you can discover what you have or your unique ability ,make up your mind to face rough challenges ahead.It’s pretty simple once you discover yourself take control .Even if you couldn’t recognize it in time you would still get a clue of what to do.Sometimes people can tell you what you are  good at and you may not even notice it .In that sense with time and subconsciously ,you can become a force to reckon with ,highly valued everywhere you turn to –a gift to humanity ,a leading voice in your vicinity and beyond and a beautiful song in general to humanity .

Mordern society is full of its own self inflicted problems too sticky that we are glued to it without noticing and can consume our attention deny us of  our time and ability to develop strength to subdue them.Yet we have enough people to solve them .I make bold to say that capitalism has failed us and ostracized a greater population of people from bread basket  or be saved .One great man of influence or  is enough to use his  wealth for the success of self discovery process  , the   common man in like manner is able to use his environment or poor condition to attain it .Whatever we do human destiny must invariably works towards the accomplishment of universal destiny .When you take control of your destiny you get a certain level of satisfaction to carry on.

Collective destiny even though we know certainly is much more important but capitalism has destroyed its moral beautiful .This requires a structural reform of  macroeconomic system and the organizational mode of firms to make it satisfactory for general destiny to be attained. That it is advisable for career people  not to work or serve  themselves  till retirement building a lasting legacy contribute sharply to economic development  and satisfactory living .The integrity of human destiny easily assures until we are able to ensure how self discovery process promotes social interest ,there is no hiding place for mankind .Depending on the logistics put in place we are faced with diverse  choices. If the environment is good enough  ,it could be easily attained .

It’s easy to get choked up in the service of  a taskmaster –a lifelong serfdom that is the heritage of insensitive holoipoloi. Such indisputable axiom is alarmingly responsible for why a greater number of people across the world is  consumed in this intricate web of social quagmire.It already proven and determined that a greater population of people is destined to die without discovering that golden destiny.I see it so and it cannot be changed .This fact is settled  and  cannot be detached from this headlong servitude of salaried work worldwide and the indefatigable inundation of capitalism rendezvous .

Once you discover  yourself ,you make it a choice and a mandate to pursue and support it with VVL   mission libido then you make it a career as your life depend on it ,upon which you price your vision ,mission and ambition .Then you thumb trying and eager to climb the success ladder  driven with a high level of satisfaction and feeling of human dignity .Your self esteem rises the moment you exercise confidence in your discovery .Remember ,your self interest precedes your choice and like Ben Carson –a hugely popular world renowned neurosurgeon in his book –GIFTED  HANDS  commented;

‘’All the facets  of my career came together  then. First ,my interest in neurosurgeon ,second, my growing interest in the study of the brain and third an acceptance of my God-given talent of eye and coordination –my gifted hands that fitted me for this field .When I made my choice for neurosurgery ,it seemed the most natural thing in the world .We all have God-given talents ,abilities .Success in life revolves  around recognizing and using ‘’our raw materials’’.’’

You see interest first ,interest second ,and acceptance is more or less the combination of decision and commitment to the mission in question .Carson indeed is mystic soul who understand the occultic powers of human interest  and its mysticism and then cash in on the numerous  on the discovery process .There might be no difference in the discovery of your talent and the destiny –the former is the resource to achieve the latter and the latter is the challenge and the field of hurdles wherein it is deployed to be used for the mission of an artist.VVL THERAPY in the mission libido brings out the best of talents and destiny respectively .By referring interest twice ,there is a magical dimension of the VVL therapy to this item and a stable interest  is as the same as a functional   passion  deployed to drive the steam engine of pursuit. Making the right choice among competing needs and choices  can make a difference and change your life for the better …………………………………………………………………………………….

…………………………………………………………………………………………contd.

Having tried over ten thousands times and ten thousand diverse combinations of  ideas  utilizing syncretic imagination  and intensive reasoning ,Thomas Edison failed  but with the application of   creative imagination and instinctive faculty ,he succeeded and perfected the incandescent light bulb now a household name in the history of science and technology .That is how powerful  creative imagination can be .

It is a great asset that larger swathe of mankind has failed to explore and heavily squandered on a daily basis .This is what Edison used to transform the world and make name forever  for himself .Imagine if every one is like him we would have had over  7 billion incandescent light bulbs created with diverse  perspective or  7bilion diverse techies each per human inhabiting the earth .The world in which we live would have been a glorious mansion to live by now and a paradise today .Everybody has talent ,everyone has destiny but not everybody uses them .Preparedness  the key .

As a result of nonchalance , we have lost out many Bill Gates too  many to count , many Edisons ,Carnegies,Soyinkas,Awos ,Felas and a lot too numerous to count .Just because of sheer ignorance and our inability to recognize human we could hardly decipher what destiny means and requires and the ignoble modern structure of capitalism that distorted the whole picture has disatracted  .As generation come and go ,so people  die without bequeathing any tangible thing to their society .Of course it cannot be disputed as enthused by motivational  speakers that the graveyard is the richest field of the world –not the oil rich provinces of middle east and the tar sands and shale oil provinces of Canada and United States respectively .

                                  MENTAL HEALTH EXERCISE  AND SELF DISCOVERY

Knowing how to use your brain effectively  can be a major ingredient of a successful artist .It is far better than relying on mother-luck  or connection magic.I doubt it could be sustainable and our domineering capability over natural forces is accelerated by human abilities to think and gain mastery of events .In other world strategic thinkers rule the world .It is the sole compass navigating the world of impossibilities .As we use our brains ,we must also learn  how to use our mind effectively and turn our traditional mind into scientific resource  vital to dominate this vital resource and then  dominate natural forces  as required by the servants of vision hope .This is important to scale impossibilities  because both are extremely related and operate towards similar direction and goals.This enhances our capabilities to discover our purpose too quickly .Once you are stuck in the VVL mission  libido,it is easy to break through .

The use of creative imagination or the proper use of instinctive or intuitive faculty cannot be complete without this exercise –a life changing exercise often inimical to the environment in which it is cultivated .Gradually ,through dedication to the art of strategic thinking as one of the basic steps in the mastery of self discovery process and pivotal instrument of the mental health exercise  destiny virtual cycle -DVC, a willing art could  easily break even .Every human has a distinguished pattern  of tradition and ways of behavior and so understanding your  pattern of VVL  mission libido rapture  gets you easily tuned into  the VVL frequency and tireless spiral  .

This art enhances the self discovery process-SDP and helps nurture the post SDP  period onward to fruition .As far as DVC is concerned the wealthiest resource is strategic thinking especially in the climbing of success ladder .Creative imagination is potentially leveraged to only coordinate and authenticate a good study or an activity .Once a viable project is discovered , the practice of strategic thinking is ingrained or grafted to drive entire DVC .Creative imagination is better explored ,the moment you discover a problem ,it helps you uncover  problem solving techniques and social math quizzes that can be introduced or ingrained to tactically unbundle the problems  at hand.This  cannot be successful unless the master planner steps in and its role imperative and impeccable for the purpose of fulfillment. Once you stuck in this art ,roadmap towards is better imagined and attempted .

                         Strategic Thinking And Creative Imagination  In A Self Discovery Process .

The entire human life is interred in the landmines of self discovery process-SDP .So the psycho-social landmass of SDP must thoroughly scrutised and perused by a willing art withour rest until discovery is successful and complete.When you discover your strength  or talent-what you can do ,your limit of ability and where your talent fits when compared to the choice of your destiny ,a new life begins entirely .Sometimes people may  discover their purpose first and later their talents or for others it is pretty simple and immediate .Which ever comes when juxtapose that with your destiny I mean your potentilas with uncoverd problems on ground ,you bridge the shortfall by learning or grow your capability or competency level in tandem with the pending problems –a form of social debt that often requires our attention.

This requires setting your vision, ambition  and mission in  a discovered destiny This itself  candidly  cannot be detached as an  integral part of strategic thinking exercise and creative imagination .Human tradition and ways of behavior not vastly distinguished from the  approach except that these resources are been scientifically deployed to a philosophical goal of solving social  problems and catering for the amortization of social interest outstanding. Depending on the decision of the individual , the discovery can be turned  into a career with the benefits of its distinguished problem solving techniques. It be driven by subconscious powers –that is you just do it naturally and successfully without the force of coercion by external party.

Generally it is not proven yet which of these –creative imagination and the strategic thinking come first in order of sequence or precedence .But it is generally proven both are leveraged by necessity interchangeably or are consumed by  organic  purpose of intuitive or instinctive faculty .In most cases empirical evidences of mental exercise has shown vividly when you  are instituting a cause ,strategic thinking comes first ,often supersedes  creative imagination giving it sense of direction .But in the application, alteration and institution  of effect ,still under the former , the latter comes first .It is also necessary to observe the strategic imperative of thinking enterprise and creative imagination as pioneer elements that compose SDP as an internal basic psychological efforts of the individuals.

However , it feeds  on the specter of human activity available such as skill acquisition, apprenticeship, artisanship or similar efforts by the individuals .This is part of the learning process  and a material function of a dedicated artist that  is expected to drive SDP .Like is I said SDP is a continuous or perpetual process  cycle –a life time full of discovery and is envisaged to persist after a purpose is uncovered using creative   imagination to unfold new invention and ideas that can nourish diverse  problem solving techniques .Some may be engaged in that process without the option of prophetic powers ,a soothsayer soothsaying posterity, or a palmist or a stargazer telling human fortunes .These options are not mandatory and they  can  complement SDP since not all individuals have an occultist platform .Even if they do ,majority may not be interested .

Strategic thinking is a broad range  road map and long range views  and polished thought with long term planning outlook of battering war and crisis to a decisive  ends.This principally uses human mind and thoughts  to skillfully and scientifically artifice good logical conclusion as fulfillment of purposes of intended ends .While instituting a cause and a course of action ,creative imagination functions only within its logical premise .In a concise analysis , we aptly observe the following  words as suitable in a  proper definition. Words such as strategy , creativity, imagination, and thinking. Require proper dissection.

Here we go-Strategy according to Oxford Dictionary Of Current English is ‘’a plan designed  to achieve a particular long term aim or the art of directing  and planning a military activity in a battle or war. ‘’.Two, the word Creative ‘is the ability to produce or producing new and original ideas , or resulting from newness or expression.It means innovation, inventiveness, or ability to generate new ideas.Imagination as the act of imagining or something imagined not real is to form a bright picture in the mind to suppose or have an idea especially mistakenly without proof –an hypothesis .Imaginativity implies formation of an imaginary pictures or things-an artistic forms of expression deployed at producing new form of innovation .Thinking simply means thoughtfulness, reasoning –the act of human thought to produce  an idea as factory of innovation and creativity .It is the mother and best form of human and psychological therapies ever known to man .Practically and theoretically ,it has no comparison.

Going by the above definition and moral appeal without an activity ,a struggle a research process ,a study and knowledge inquiry involving activities of mental exercise ,their use of objective computation and problem solving cannot be impossible because they come in handy once self discovery process commences. We cannot say for sure in the order of sequence which part of this mental exercise  comes first as driver at every berth of human traditional activity and problem  solving  project . But  one  is  sure  which comes first in the application of  effect and then cause .This is much more important. Should we use the nomenclatures  as embodied  and implied , creative imagination of course does not  function alone but within the chronological order and logical premise of strategic thinking . Strategic thinking is the broadest and held within its confine a stranglehold of self discovery process and the  apex  moral prerogative in the destiny virtual cycle-DVC.

It could be absurd to assume that enthusiasm can function without passion and faith but to some extent .In that sense a form of immature enthusiasm or irrational enthusiasm or spatial enthusiasm with root in the space. Until it  is well organized with root in the ground  following its order of sequence –faith ,passion and enthusiasm or irrational enthusiasm or sensation ,it could be dangerous .Its  potential advantage however  lies in open up Self Discovery Process with itself feeding on an activity or a knowledge search .SDP generally opens up the mental exercise and in most cases ,it happens subconsciously-that is they are not planned especially in the predestined elements .We experience and experiment it too  easily on a daily basis but they become meaningful or valuable when a certain level of human progress is experienced .It cannot be disputed yet we are baffled by it and we hardly know it nor interrogate what happens at every inch of the interval .

So irrational or unrefined enthusiasm can be fed by study ,a research  etc feeding and opening  up the   SDP .This is magical feat that happens so easily to us even in mind recess and after a considerable level of success or progress has been achieved ,both creative imagination –CIM and strategic thinking -STI  are leveraged in the order of precedence . First,  CIM as the pathfinder or truth-finder comes up first to apply an effect which opens up the new innovation or introduction of new initiatives and direction .A study under sheer enthusiasm driven by moral inquisition can identify a problem during the course of research but cannot introduce a solution not to talk of  devising  a problem solving technique .This is not possible without the absolute potency and superiority complex of  CIM .Even with this solution  itself hypothetical requires an intensive moral auditing that questions economic sense or its viability .This is left to strategic thinking to determine fully engaged in another round of study .This broadens the somewhat earlier sallow study that requires polishing questioning and critiquing and challenging the quality of imaginary artistic solution provider .This also including the quantity of solution responses and expected impacts but also come out with a better alternatives and detailed plan –a long term reasonable plan of action of how such economically viable solution can be introduced and also adopted in transit from its spirituality of mental exercise including action plans to solve the problems whittled down to a tangible evidence . So strategic thinking encourages ,regulates and coordinates all components assets of a mental exercise bridging between SDP till fulfillment ,bringing out their best potentials , giving them direction and absolute competence over chaos climate that DVC ordinarily intends to overcome  .

As creative imagination explores the fields of study throwing up one solution over the other and subject to  critiques of a pathfinder ,it is the role of the broad planner to further and broaden  the research  activity and see how relevant they are in the strictest sense of  the study including coordination of the irrational sensation into the next level. Over time ,CIM sometimes reduces in momentum  especially in a climate in which experienced policy makers and strategic thinkers are found to quickly correct glaring imbalances in the mutation or propositions  .In a matured climate as SDP advances or in a  post-SDP period CIM tends to give way or declines in relevance as creative competencies grow learning  from applied principles and empiricism and strategic thinking assumes stronger role. Hence the broad planner , is the most important resource in the destiny fulfillment chains DFC/DVC  applying effect for every discovered purpose ….

                           GOOD SAYINGS FOR THE WALK OF DESTINY .

The long walk towards self discovery is worth taking .Our welfare and epochmaking and intent-profiling  politics largely depends on it –the very identity of mankind  under sun .If we are wise at it we benefit forever and if we scoff at it we suffer dearly  the consequences that  generations to come would invariably live to tell the ugly story .It is more than what we see or notice during our struggles of Self discovery .

Self discovery uncovers your person but not possible without SDP  .I n this context , SDP is a process of fulfillment building and fulfillment capacity-building ,encouraging and strengthening your discovery -a process of freedom vanguard ,image making devising, strategic  reputation building ,per capital brand building and general capacity building of the individual competences as leeway to undertake talent discovery or destiny discovery and unleash a viable project laden with effective problem solving techniques .SD  in general  reveals who we are ,what we are and what we shall be or intended be or meant to be  and where we are headed or desired to be .It can be perfected through its process that begins or opens up  by SD leveraging  itself under influx or coercion of unpolished enthusiasm .We discover who we are when  we desire to be transformed and a transformation of what we are is a function of what we make it and what we believe tied to VVL benchmark .

Self discovery –a lifetime perpetual exercise breathes new life into human drive transforming the individual or gives birth or rebirth to transformed individuals. First , self discovery uses human will and psychological assets such as emotion to interpret and breathe  waves  of  new life into a formerly misinformed and malformed but later  an informed mind .This transformed element is a major beneficiary of the process  that can alter status position ,boost life standard and human identity forever and a disrepute if otherwise impugned .Those who live a satisfied life and everyone who is fulfilled is one way or the other  a mutual beneficiary of the early mutation period of SDP .By mere incorporation in to the  early mutation –where you uncover your purpose] of the  process ,a satisfied life not necessarily affluence predisposed has been their lot .No regret no remorse for the past  but it must be a glorious  memory .That is what you called a satisfied life  on the basis of the artist in question but when subject to critique by third party assessments ,ratings could be mixed .

We are what we are today because of the previous choices we made years ago  and it may also determine the status of our generation to come .It is no guarantee of future self that may come with better  and more rational choices .Our identity today  is a reflection of our past  choices and signifies that the only panacea to human change in the  nearest  future is how far he or  she can go altering those choices and decisions. We cannot be better than our past unless we have changed the present for the future. The long walk towards freedom is the long walk toward self discovery. It optimizes the search  of all homosapiens  for a true identity .We cannot afford to play false with  the central determinant of  human universal progress. At this valley or mountain man is worse off or well off as the case maybe.

We are the reason for the existence of our nation and the beautiful bride of a city set on the hill. We are responsible for its integrity only if we discover the   very meaning of our existence  in our true calling for nation building .The glory of a nation we know lies in the history of a nation and the glory of history lies in the richness and richest mines unfolded in  the discovery of the  destiny of its people .We cannot see more than what we desire and we can only take actions according to the choices we make .Until every man can fight a good fight of faith in that great course in which they believe in ,until  one can battle the teething problems facing mankind as a whole ,there shall be no solution to the general problem  of mankind   .We fight according to the choices we make according to our belief and capability and we banter according to what we know .It is the limit of human stardom –that no man can rise above he knows .

To succeed in our voyage of self discovery ,requires learning massive learning ,consistent research ,extensive reading and listening to informed people and perpetually engrossed in intensive study with the possible favour of  a slight caress  of mother-luck .This could be tasky voyage   depending on the climate of learning including public criticism  laden with strategic thinking ,intuitive faculty and creative imagination at its best .With time ,the long walk towards self discovery would be successful.Man in general as  the artist in question  and determinant  of the nature of universal justice society desires  could be a burden,a liability as well as an asset in this regard .The road to self discovery is a  long but short cut path towards our universal destiny and a panacea to total human freedom  .

The integrity of human person lies in the freedom of human person which itself is interred in how  successful  self discovery can be.The walk of destiny is a long walk of freedom .Self discovery brokers freedom and only freedom alone can it give to  an enslaved mind .Man is battling with lifelong bondage and a prisoner of thought in the ambivalence of arts .OUR GREAT  WALK  IS LIKE A WALK IN THE PARK ,a promenade in the public square. It is a long walk full of nightmares in the great busy and lonely streets that we grew up with .Our experience in a typical  stroll in the park or in the street of the alien or of our acquaintance is the same as a long tiring walk of freedom .The great journey of self discovery like human life is devised by mothernature to be traveled only once by  every artist in question .Unfortunately ,this most precious journey is a journey that most men as sojourners in a strange-earth never btake in a lifetime.

It is tied to our potential utility as credible homosapiens and precious earthbound creatures oriented to advance our purpose on earth.-a journey that most men under sun subconsciously cursed themselves never to take .Everyone who detest egalitarian norms and charitable gesture  and impugn  eleemosynary predilection  in the great search for universal justice falls into this category knowingly or unknowingly making life worse than they met it.It is common all over the world .Imagine the majority  poor who falls into this category –a double tragedy including a growing population of the rich and the elite-how pitiable are they ?

Given the growing rate of perpetual inactivity ,modern society is worst off and numerous social  unmet challenges  escalated like wild fire .Man does not know more than he can chew and even what he know truly well can be denied a breathing space .Thus ends up with protecting   his status quo –enslaved  mind and most people died in that condition unable to break that modus operandi and consanguinity .Does it profit for mankind to be imprisoned by his ignorance of the very ministry or calling assigned to him?Of course we  agree  Man looses and die in that ignorance and buried in the trash of history .When he dies ,he dies with that great skills and potentials  that may not be bestowed or found in the next generation and even beyond .Although the next generation may be lucky to discover this destiny yet may be unlucky to be bestowed with same competences as the previous generation who fails uncover that great destiny .

This is what I call ‘’The failure of shared destiny’’ OR ‘’The cost implication of Destiny payback ‘’.So many people are living someone else  life without living their own life due to such implication. When there is a  clear cut  out standings of destiny payback or cumulative debt of unfinished  work of a  previous generation ,it is left to the coming generation who might be lucky to uncover their purpose and  might also be lucky to pay this debt .This is called ‘’Destiny Pay Back Chain Cycle ‘’-DPBCC –that the debt of a failed generation is paid by the previous generation but unfortunately failure persists when two thirds obligation of every generation failed to be prosecuted and debt piled up. Since every generation has a duty and saddled with main role of generational transformative  process-GTP  ,the main challenge is how to overcome  this cost implication. Consequently ,the long tiring walk towards freedom that most never lived to complete ,keep setting back  development process or GTP and piling upon outstanding .

The only panacea  to amortize the DPBCC out standings is  destiny  pay back and then destiny payback insurance DP assurer – a condition in which  successive  generation  who discovers their purpose live long enough to pay this debt of a previous squandered generation  .  That means their own might be sacrificed or set aside for such fulfillment and consumed in the payback process. Man ‘s destiny sometimes in this context can be make-believe  and most men may be living someone’s life .There is no cause for alarm in such discretion ,that is problem solving .So it is justified to say  that the fate of everyman is tied in the fate of every man or neighbor .

A vast number of people from generation to generation  is caught in this huge mess of destiny payback.The drag is tiring and sometimes it could even be roll over to decades or thousands of years or from first to second or third generation or so to say several times depending on the circumstances from one age to the other . Those who discover may not even be lucky to complete the task at hand left to another generation to discover again and fulfill . So three generations in this instance  is involved in the hypothetical payback cycle.Note that the pile up is the problem –social debt or out standings  left unpaid by cumulative obligations of previous generations .

We can see that individual destiny is a  fluke or a fickle and collective destiny better accommodates a lasting pedigree for the survival and progress of man .For it to attain relevance must work hard towards the protection and promotion of the latter to which in most cases , the self interest doctrines that supplants it  to a larger extent  also  tends to betray.As a collective thing its artifice  that  rests  largely on the DP process is  also justified by it .Perhaps, the  3^rd  generation  that is fortunate to uncover the destiny may be lucky also to finish or get the work done .But if the 2^nd generation in DPBCC  were lucky to get the work done –not just merely uncover it and the 3^rd generation with less burden chooses to halt its continuity ?In that circumstance I call it Destiny Pay Back Downturns –DPD-a great contributor also to general destiny guillotines Cycle –DGC.DGC-a cycle of destiny destroyer - is a leeway or brother to the burial ground that word greatest motivational speakers have said or described as the richest territory of the world and not the richest mines of the middle east .

A vast number of world population die on a daily basis haunted and hunted   down with no remedy in most cases  in this cycle or directly by DGC .In this high destiny mortality zone, people hardly uncover their destinies once you fail in the discovery process and you are past 50 years your lost heritage and identity may not be recovered as trapped forever  in the DGC .If you do or lucky you may not get the great work done having wasted more than half of a lifetime.That ‘s why predestinists are quite lucky people to have discovered their mission quite much earlier.Our destiny is tied together and no man is an island or a monopoly of knowledge .Always remember every atom of knowledge  a man has is given for the transformative process-SDP] of mankind golden destiny .It is general property of the process even  though are squandered by majority who thought those knowledge are for ego-stripping  and pride hunting. It doesn’t really matter whether some people particularly control it at a time  but the little you have you can share .The easiest thing for a man who is lost in the discovery process  to uncover his purpose is to develop  passion for something especially sharing of knowledge to transform  mankind .It’s pretty quite simple .Don’t you get it ?

If we do this ,we simplify subconsciously the self discovery process and save our selves theft of  time associated with DGC-often a lifetime byzantine that many may not solve. We  are the salvation that we earnestly wait for and desire .We are the change that we  seek  and the favour of change belongs to the work at hand and the work that gets done .We are the very paradise and heaven  that we long to live .It is right there inside us and the main problem is how to get them out .Our  golden destiny and its mantle is our collective wealth and a common resource as a universal apparel to  clothe ourselves  as mankind in the walk of destiny as the great walk of freedom .It is more than good walk in a park in which humanity as one indelible and indivisible element of the family of man work together for a purpose in the great ministry of self discovery and destiny fulfillment. That is one great treasure in which we all subscribe to –an enduring value that can stand the test of time .

This alone is the ministry .Let us not be deceived and this ministry of salvation  unknowingly popularly known as civilization of mankind in which we all have been called to serve.Mankind in general  subscribe to this creed and every man woman ordained as priests ,clergies ,prophet  and prophetess ,monks and nuns in this great service .No divisible element, no monopoly of knowledge ,no inferiority complex and no yawning gap between the rich and the poor as to the socializing ethics through which they are meant to be deployed. Indeed ,it is a long tiring walk of freedom .Every man is suppose to know where he belong ,knowing fully well ,how to use his instincts to tell which direction he should go at a time .This is possible without the help of a soothsayer ,a stargazer , a palmist ,and prophet or through inward divination or sheer diabolic incantation of oracles. It communicates  deep down to the depth  within us .This helps save the dying souls and touch us deeply including fellow men  around us and those with immediate need .

Infact ,for everyone who is lucky to discover his or her purpose ,also requires egalitarian efforts of the third parties ,to actualize those dreams OR SOMETIMES OR TO A LARGER EXTENT exploitative by the artist in question  or probably , revisiting the pains and pang of the pre-diffusionist era or infusionists  pattern  predating the predated.Where apprenticeship complaints of  intimidation and repression are ignored , might not save the adherents  but  further  cry out intensively  offers a lasting relief  .  .It is a common trend  which we are all  living witnesses  and this trend is what I call –Destiny Coalition aggression  or Destiny Exploitation Convergence –DCs/DECs Destiny Discovery Repression DDR . Almost every artist in question is a culprit of some sorts and once diffusionism   starts to apply is bound to multiply aggression and repression  .This term cannot succeed without Destiny Consensus in which contended arts and consensus partners  have decided to help each other in the form of partnership, associates and a host of other philanthropist gestures .This happened after uncovering their purpose.Its  merits include-;Inspire each other ;accelerate the calling ;reduce pursuit-mission cost ;provide logistics and create enabling climate for the destiny fulfillment.  

These are the objectives of destiny consensus in which like minds and people with same interest have decided to influence each other positively taking a common stand ,having uncovered their purpose ,working towards  the achievement of their goals. It is beneficial and  open to all mankind as destiny participants especially in a conference of thoughts though   much more beneficial to the diffusionists with a higher level  of economic freedom and  to a lesser extent the infusionists  with less economic freedom who still more or less undergo apprenticeship, or as salaried workforce may be pent up or bent to struggle till retirement to live on pension .Under a  standard norm of destinology , it is regarded as  a wasted life when measured by time values and competency impact depreciation  .The infusionists are gutted  in spiritual serfdom  and psychologically imprisoned on the  acrimonious edge of destiny coalition aggression of the capitalists  and the humiliating precipice of a career life.Not all humanity are freed we know it is a gospel truth . A salaried workforce is a typical sample  and the worst  form and the most humiliated element of the infusionists-repressed league-IRL ,  much less of an  artisaned –apprentice  expected to gain freedom in the immediate future .

Consequently with the alarming growth of the infusionists repressed league –IRL ,most especially  the salaried workforce therefore indicates  that  a larger spectrum of mankind potentially squandered in a lifetime  is consumed by  destiny payback –DPBCC or high destiny mortality chain effect –HDMCE/HIDEMOCE .Almost every man is involved in the omnibus program me of DEC and still a major platform for skill acquisition , competence building  ,career moulding  and  a mysterious means of achieving  one own callings under sun .By the mere virtue of modern slavery ,every man is poised to achieve living and probably attain his purpose . A destiny team so to say a destiny actualization  team –DAT is a word  that modern capitalists now refer to as incorporation ,a firm,or a company or at best in a broader perspective can be called a capitalist consensus or an imperial consensus –a worst form of destiny consensus .

DAT communities functioning under imperial consensus  worldwide are modern slaves –a repackaged form of old slave trade and the most ideal medium to polish human competences  and uncover one’s purpose specifically for the most sensitive arts, visionary ,ambitious  and objective minds .To assume imperial consensus simply indicates that DAT works under pressure or willing duress to execute the vision of the capitalist –owner of the firm whose goals and vision are worshiped as gods and adopted as the very vision of the team ,struggling day and night through the investment of their  time ,its value and competences to fulfill ; in exchange for  stipends  and short lived remuneration. Every member of the team no matter their position is expected to devalue their self esteem, downgrade their life essence  and thus promotes  the integrity ,dignity and selfworth and reputation of their employers .They are jailed subconsciously as prisoner of conscience to do so and as prisoner of liberty  blindfolded to the fact of seeing the truth of  diffussionism as it were destroying a solid foundation that they would have laid for a lasting legacies while working for themselves .

Almost all the entire race of mankind functions under convergence of destiny coalition and destiny coalition enterprise respectively .We are created to compete to attain whatever we desire .For those not yet uncover their purpose or talent , the enterprise is a vital platform to work and slave-laboring to gain optimal skills and core competencies with which to defend themselves . These are the major requirements to begin with in the long tiring walk of freedom-that is entrepreneurship is the key  .This long walk strengthens capacity building such as knowledge acquisition , technology transfer  and competency developments .There must be an avenue to achieve in this general struggle empowering educational institutions , apprenticeship and artisan retraining and a host of other platforms to promote this context .This boost the capacity of the self discovery process –SDP.

SDP opens the channel for the development of entrepreneurial skills of  the great and potential achievers using the platforms to develop those skills and competencies needed  as may be suitable for the pursuit of their calling and thus achieve their destinies. Prior to apprenticeship  or after or even  during honing of skills ,the process  may be protracted and could mature or  accelerate using the impetus of necessity in any  of SDP interval periods  before or after .Such technology transfer happens only in most cases  in a destiny  coalition enterprise .

For those who properly understood the place of every man in history ,it is a natural law ,the convergence is required to last for a time and at maturity of certain competencies ,under-grooming ,fusion has to give in for a diffusion and breaking away of destiny coalitionists leaving the original men of destiny to continue his mission by reequipping new hands while letting go old and matured hands .So, maturity of competences and poor condition of service or maltreatment  of workforce can cause breaking away from destiny coalitionists. Critical issues such as contractual disagreement ;poor remuneration ;expiration of apprenticeship period or its tenure of service ;falling out of destiny coalitionists ‘ring with the disgruntled infusionists ;welfare threats of service against the infusionists are some of the worst militating and humiliating factors that accelerate break away of difusionists  and possible disintegration and contraction  of  coalitionists community . 

The contraction of the previous generation  and community of the deviationists or coalitionists ordinarily leads to the formation of new league of coalitionists as previously repressed infusionists revisit similar offence with which they have been humiliated by the previous gang of coalitionists –capitalists on the society at large  .The expansion of the new DCCs is to be led by these new diffusionists who broke apart citing the above humiliating factors who make bold the declaration about the new direction of the history of their people ,nation and society .They tend to advance the general destiny enterprise than the majority non diffusionists –an insensitive and non-objective followership. Irrespective of later deviationism and increasing cost of destiny payback ,diffussionism offers a meaningful platform  as destiny actualization vehicles  for great discovers of purpose and at maturity tends to pay back and reduce guillotines ‘s effects and its stampede on mankind in general.

As DCC expands ,SDP recruits also exponentially grows ,more people theoretically are suppose to discover their purpose as they face challenges in that great institution of formative age and formative justice –GIFFJ/GIFFOJ.Sensitive minds,rational wills  and objective arts profited largely  from this platform which are basically scarce resources in the developing countries  .It is a matter of necessity  that as they perfect their skills and mature in competencies using the humiliating factors ,ordinarily condition has to give way to diffusionism.This allows  new  generation of capitalist-coalitionists to emerge as they acclimatize to eat same excreta as the previous generation of DCCs.

At appointed time ,a man may looses satisfaction in the enterprise and ready to quit service .or due to some noted factors above , expansion accelerates and  old guard unwinds  for the new guards to continuously repeat  same error in similar fashion .This is destiny coalition cycle –DCC  -a  magical spells  under which the world entire labour-force is consumed  and thrived .

The entire race of mankind is remunerated    under  its reward system .The essence of diffusionism is for the splitting away of disgruntled elements for the production of new vision ,new destiny and rolling over of destiny in its terms of originality mongering under its injection of fresh blood  .This does not exclude its ability to contract and expand destiny payback .Such rise and fall is determined by the  rise and fall of new population of diffussionists  as the battle for the soul of freedom gathers pace   worldwide.  They are theoretically supposed to function under a conducive climate but in real terms or in practice it is not supposed to be so and the exploitation of hardy climate and inconvenient ecology is required for the exercise .

In the DCC  community ,for those who uncover their purpose and are satisfied with the competencies needed  to fight in  a hardy climate ,they  are hardly known to squander times and seasons to revenge   diffusionsm and then start a new lease of  life .A society is as sterile  as the level of its general destiny management profiling puts in place as a principal resource for the revitalization and reconfiguration of destiny enterprise .At low level of diffussionism , institutional and universal progress is stalled and the need for socio-economic change is frustrated and goon of destiny payback piles up its indebtedness and grow beyond control  even as an endless burden  and dire imprecation for future generation .This cannot be cured nor prevented  unless through rapid diffussionism  boosting mobilization of rapid technology transfer   .More importantly ,there should be a balance because at too high level of diffussionism , the entire enterprise of DCC community  stands the risk of  collapse .Indeed,the destiny of every man lies in the hands of every man and the rate of diffusionism will  tell how much of tomorrow is saved today for the beauty of same posterity.  

Diffussionists invariably believe it is to their credit that  the world trade has exponentially expanded  as they race towards safety of comfort zones and a without them is a world of slavery .As they equally dispatch their arts across the globe ushering in world freedom making the world a better place,new mantra of change bankrolls old vista .But as they grow older ,a new level of serfdom is added to the burden as they revisit similar offences  with which they were formerly humiliated on a new generation of infusionists  and world continues in that vicious cycle that has come to stay .There is a high level of unit destiny enterprise  or individually pursued destiny –a strong belief entertained by the diffussionists prior to becoming imperialists like old guard and imperial grand old master developing war of nerves as new generation of DCC community revisiting similar offences on new generation of infusionists  .

In a conference of destiny consensus parties comprising of pressure groups, political parties  , Civil Society groups,NGOs ,Charitable foundation ,Trade Unions and a host of other companies , associations,forums and alliances set up to promote collective interests ,the interests of the slave industrial surplus army under bondage of DCC community is supposed to be protected .This is not always easy as it  seems given the fact that the protection of this right of freedom in the long walk of destiny is heavily under siege .Even with all the efforts of  the organizations to defend the interests of the infussionists has often been found wanton.   Diffussionists  are wont to believe with a unit destiny enterprise ,dreams and destiny can easily be fulfilled or sky is not the limit .

Indeed it maybe funny ,in our race to beat time ,but it cannot be disputed that  life is arduous task that requires collective effort for its success .This in real terms desecrates the notion of racial  and tribal superiorty,ideological  implant of divisive pluralism and should harmonies cultural differences and lag in line with universal development.

CHAPTER--12  FUNNY THINGS ABOUT LIFE AND THE RACE TO BEAT TIME

If you don’t live your life to the fullness ,you live to regret it later .It is also even a regret to start late or too late or too soon ,how much worse never at all or those who  never get  to start all even for lifetime .For you to even start you must first of all discover yourself get mentorship and labour until your time  comes   .If you don’t use your time well life itself is boring to live and these are some of the reasons for those who  regret it so much to the point of committing suicide or give it up too easily . Every beautiful morning you wake to do one important thing or the other only to find out you are stuck in time trap-a condition in which you ended up with frivolities defeating the objectives for the day .

You are often caught by this trap and never get to do what you desire or ought to do for the day .These are diehard choices among competing menial choices.The barrier here  is aimlessness. Aimlessness or tactlessness is a great burden to  time  poorest managers who obtain values and virtues at sinecure .It is a great liability to the development of human arts ,human customs and tradition –an excess baggage that dampens requisite capability at effective time management .Knowing fully well ,time is the most precious resource and the wisest investment of nature deployed so much easily in the development of arts  and culture and then science and technology or to a larger extent ,  per capital customs and  tradition that collectively aggrandizes its macrocosmic value for development of mankind in general.

Though this tardier deficit nature of poor time management is also warranted by nature taking into consideration envisaged  cumulative loss value to herald  the annals of antecedence. Or when juxtaposed by history or extrapolated by time forecast or  human rationalism tends to huddle the most rational minds out of the population of the most insensible psyches stimulated hortatorily to excel  as they might desire .As hotbed of miasma ,the hotblooded or most passionate minds are known to avoid this trap .Nevertheless  , human vision or ambition  uses time effectively  to invest in human arts and culture and exploits similar mechanism to mature its investment .Beginning with  its strongest template –vision –a long run effect of matured dream is formulated by an objective mind .This saves the theft of time when properly managed in the ministry of missions ,taking you beyond the dreamland zone .

Invariably ,you are caught in this trap by aimlessness ,procrastination, indecision and a host of other  distractions in this lifelong battle  and to be overwhelmed by them could be a great  burden  to astute time management skills of  artist-in-question.For you to be overcomed by this distractions  –indicates  fiddlesticks fibre and a  certain level of tactlessness. Aimless people subconsciously squanders  quality time even at prime time including its effective use perpetrating the worst form of reckless art ever seen. Not always meeting your target or target-points for the day is a great abuse ,a misfiring and a havoc of nature’s precious resource.

Those targets are liabilities that must be converted to a competitive enterprise popularly known as responsibilities .This according to natural  law of time ,must  be invested in action,executed   and undertaken on a daily basis to be able achieve or fulfill  your vision or expected ends.These targets as actionable securities to be invested in a cultural stake exchange  must be monetized by responsibility –a sole template of human and cultural activity.Unfortunately ,tactlessness impinges or hinders the prism and quality of human capability destroys potential,openly abuse talents and decimates destiny –whether discovered or not and threatening   your vital interest upon which those targets are fixed or stand .But for those ingrained in the qualitative use of time could tell or bear witness or share empirical evidence on the ultimate value of human objectivity and the strategic impact of effective use of time at a particular period .

Once your purpose is discovered or destiny uncovered ,decide  on a set of actionable securities to be invested upon,but first set your vision and standard mission statements including their corresponding goals and strategies  of how to get there dissecting similarly well  the right option of monetisable responsibilities.If you use your time well and monetizes  rational and empirical responsibilities as at when due  ,you ‘ll understand the proportional value of the popular adage-‘’TIME IS MONEY ‘’.

You know there are couple of  responsilities and activities that must be undertaken either on a daily,weekly  ,semi-weekly,or  monthly basis or as the case may be to get to your destination.These are your targets  and target-points to monetize your time benchmarked vision.Even if you misfire   at those targets ,keep the consistent firing of the cannonballs .Sometimes ,they are unfruitful targets at  both cause and effect ends ,sometimes, it pays or fruitful.But keep firing with the right action and right responsibilities ,they sure add up finally  to eventful bliss.We know the most important is to be consistent keep your right responsibility as visioneer to be committed ,selfreliant and fully dedicated to a chosen course .This speaks volume of the immense significance of what we believe-faith is the key fueling VVL-the missing libido .A career is formed on the basis of rightful responsibilities and meaningful obligations and when are fully performed a reward system is morally exploited and benefited which is not available for members of the publics outside this box of careerist population.

Effective time management by hilly beans is central to the quantum leaps of mankind  in modern times  as nature’s investible securities appreciate and depreciate its outputs with age .To some it appreciates as they age holder and vice versa .Given its depreciating demerit it is certainly profitable for wise time investor  to engage in early investment .Though depending on the nature of task at hand ,the wisest investor nevertheless reaps earlier and rest so much later or mature as time ages .I think philosophers,scientists,technologists and researchers in general better appreciate with time and such time management skills require emulation aspiring whole caboodle .

Events or universal life events are not often what they seem and so they need to be handled with great care and the best form to handle such obligation is through  wise use of time .Time we know waits for no one and it sometimes deliberately uses distractions  to ignite irrationality of the  insensitive people to  underrate,undervalue and undermine its potential ,lampoon its frugality and thus revisit them with the costly implications of its fury and retribution.Over the long haul it regains its integrity  from such ridicule of sarcasm  as time appreciates and depreciates as history ages .

Time pays those who respects its integrity from which we tap to make meaningful investment  which is possible only when destinies have been uncovered .This shows that the huge gap between great achievers and great loosers or the strategic thin line between failure and success is basically effective time management  or objective use of time .Visionary productive activity with tested reward system still remains the wisest form of time investment that could appreciates with time if sustainably  hatched .

Time is the greatest enemy of mankind .Squandered by insensitivities or not it is indeed our greatest adversary and owns the key to the birth and someday the death of man and within this stretch we are computerized to live only for a time .It detests man’s eternal souls on earth  and possible eternity of mankind .It was designed by mothernature to appreciate man a little and get rid of him forever His best form of arts is meant to appreciate and depreciates within this stretch .Even man’s greatest achievement at a time is envied  using the standard to raise a better generation to come later  and beat the erstwhile  record set by previous  generation .This should not surprise us why the progress of a later generation seems to exceed the previous epochs.This cuts across every field of human endeavours especially sciences and wealth formation and that is each generation advances better than previous generation.

Procrastination or insensibility  is a lag effect of indecision itself a lag effect of  a cowardice which is also a function of incompetency and they lead to aimlessness .The long chain of distractions orchestrates man’s enmities with time and a great destroyer of destiny .By guiding against these distractions we can  battle our enmities with time to a standstill and explore optimal use our time tradable skills .With the parlous organization of modern society ,the existing method and   future consumption pattern of time is increasingly under siege nevertheless has become a pleasure and a standard trademark of civilized life .

A great majority of mankind caught in this  web die without hope and gutted by these factors .The insensitivity of the human persons concerned and unkempt organizational culture  of modern society point finger to this degrading trend  .Depending on the individual resolve one can make a difference .Listen to your inward witness or  inner mind and external witness .Our determination to change our society as the beter lies in our collective resolve taken individually can  add up as human destiny ties its apron with the ideals of our collective purpose consciously or subconsciously.

Time is not our friend and it opposes everything we do  even when they are meaningful ,it might even eny you the more You ask yourself  why the adage-Whom the God loves die young’ or where is that the good people sometimes  die so quickly and the bad and ugly even live much longer?How much worse to a gutter mind !It has two missions always two missions at a time –to make mankind succeed and to fail,to reap and harvest ,to rise and fall , to progress and regress to born and die etc .So at a time it is  oriented both good and evil and always prefer evil to happen especially when it profits extensively on the inaction of men and hardly prays for any on e to succeed.Because if she does ,and never harvest evil fruit and evil in clear terms ,it might be barren investment and no rich resource for the posterity or future generation to learn from.

So,don’t think time favours you ,if you do well he only rewards you.Have you try to remember or recall sometimes what you gain is not commrensurate to what you sow?It is so because time envies you and some maybe  lucky to reap more than thery sow or never sow .You know what it is the mothernature-a higher  power that intervenes to  favour you but left time you reap as you sow even sometimes less. In this context it is a dual messenger at every fucking  time-crusading power and weakness ,hope and gloom,death and life –that is a time a child is born a man dies .It is funny and ironical and a paradox I must say with due respect to this conundrum intrigues and wiles of the devil as Christians call it .It is sent to make us achieve and to make us that is when one rises another falls .The prosperity of nature lies in this diversely  overt diversity –the very rich resource of human civilization .That is it is possible for every rich invention in life to keep growing and improves its standard to make it much better than previous civilization and attempt so that today’s patents and works of art turns stale with appearance of better patents and highly improved  technology .Unknown to many  ,the richness of success lies in the failure of  failure and the richness of virtues and goodness lie in the high density or thickness of existing vices and cumulative evil .So a little of evil and good maketh life  much more richer than too much good that may not excite  time .

Such outlandish-regressive-progressive  theory  of time as opposed progressive –regressive theory in its ablutionist is presently being applied by those who control world civilization .Infact with the antecendence of postcolonialism that still abounds it is not yet over decoupled  or the world economy is not yet over from the outlandish superiority of progressive-regressive theory  and practice of time management currently  being applied by Caucasian stock of human civilization . Special edition is separate for this circumspection but the future explosion is looming beyond the confines of mortal ignoble prevision.To cut  roughly 80 percent of world population from full blast participation in world  economy is a pointer to the fact that those who are the best time keep and best time mnagers are also the worst time managers and worst time  keepers.Why keep underdevelopment some territories to your advantage and keep full exploitation milking them dry for racial pride ?Knowing fully well that poverty is a contagious thing in the same like prosperity and diseases that cannot be transported from carrier to the new carrier .

These are empirical ev idences that foolproof that mankind is a great value destroyer of nature ‘s most precious resource and a dime earned  only within the illimitable potential of this irreplaceable astro-combustible engine of change .It takes only the dead from the graveyard excavated or not to tell us of the immense value of this resource as can be computed form effect to cause-backward looking with the best data ever  rather than ambivalent insight meandered from cause to effect-a forward looking approach normally adopted by the living who could not see the past that better sees the future even when they read from vaguely documented books of history .No one sees past the eagle in flight and provided it is gifted with robust greymatter shares better insight with time than the whole of mankind  put together.Even when the plane alights into the sky what do we see or mere firmament ?

The space that harbors time being the cultural field is in clear terms harbored by mothernature or its web of eternity .And from this saddle of index –time,change is ordained into pragmatism to oscillate nature that ordinarily streams out of its abstraction field –the true omnipotent cradle of omniontology or everything  .No one can satisfy time ,  only mothernature can  and it is not true if God exist he could neither not being his  creation met on the plain ,how much worse for man-a fickle of nature’s art work!

It would interest you know that the discovery of time first computed by coevolution within the space of abstraction field shot time technology to limelight equally discovered  change as motion perambulated to similarly to shoot cultural field into reckoning burgeoning ontology and the successive generation of simple life forms –a mere extention of cultural life forms.Over time as immutable as the medes and Persia by its patchwork had become the calendar of change ,mothernature and ontology respectively 

Being responsible and responsive to  change provides ample platform and avenue for the computation of movables ,change and material universe-motionalisation  .These are the building blocks of preform,form and post form –life extinction if need be ,an empirical evidence of life as a mystery and yet we know it not .

The nebula of time when we are  hung in a gauchy cloud can be the most profound influence of artistic progress of man .Of course it is due to  chronophobia in a synoptic perusal tends to stimulates capacity to act ,perform and deliver .

Obvoiusly time must not be ridiculed and the prevalence of human,economic ,political and social crisis,vices,poverty and deprivation everywhere can be linked to poor knowledge of effective time management and a great abuse of time to which penal we pay and our life is held in danger of its repercussion. This we pay on a daily basis yet we know it not.Humanity to a larger extent is aimless despite the gigantic leaps in modern civilization and we pay dearly for unrepentant time abuse that never forgets let alone forgives and  basking in the euphoria of new found modern wealth torpedoed by occasional crisis as forewarning still yet we know it not .Unlike Maya Angelou I do truly know why  the caged birds could not sing.

As we ridicule time ,in like manner the sarcastic ego of time is under mandate to ridicule in return to condescend so low to ridicule an innocent child as well as the aged even for the sins of past generations that they know nothing about .Conspicuously it sounds so depressing and a funny or ironical thing to try to beat time .We might disagree we hardly do err in this light but by action-buffoonery  running helter skelter to and fro from home to work-a plague that capitalists class had inflicted on the large army  of salaried slaves and slavish workforce of modern age alienated from their destiny prior to being diffussionists  portends the imbecility at full blast.

Effective use of time that suggests smart workforce leveraging is far more important than the notion’Time is money ‘ to equate the fact that it is only important in the  long run having paid its dues .

Unless you manage time effectively  well  you are not immune from the discomforts, inconveniences and all manner of insecurities linked to civilized life .This is vital  to stop all forms of mental hallucination , and that verity greedily stands  as far as the ministry of mission is concerned everything is not money .First things first according to Peter F.Drucker and I think the first thing is service ,I mean quality service and that is the only process and route to communicate value .This value can be monetized in the long run after a certain level of goodwill must have been created .In the long run goodwill as surplus value of a brand and brand affinity depending on its quantity-size and quality  can determine the level of value  optimization  including the price and cost of service .

A  critical outlook at the teleological disposition guiding the pragmatic course of history shows that the activity of history as epistemological hunting ground as primary mandate cannot be impugned .Such texture of information mass production -facts and statistical harvesting determines the  course of the day from the rising of the sun to the going down of the sun.This pretty logic of mothernature simply follows the rule that the greatest share we ever bought and the greatest stock we ever sold monetized through growth of time and multiplication of productive activity to curry gains in the right proportion as we desire .When we buy a given stock of time  we do know when it is perhaps a good buy  for we gain not initially and when we sell do we loose ?Of course positive outcome tells us that we gain on the average .That is the greatest question and answer of all time .How tenable do they last  over the long haul?

No man can rise above the level of his time investment and we are as precious as the time we invest in .Wes hould know that time befriends only eternity and is no friend of man –a fickle who could last only 50,60,70,80,90 or at best 100 years old .Is’nt that ridiculous ?Of course It is a gospel and what friendship does a mortal man have in partnership with an eternal man ?It is simply absurd .This is what I called ‘cultural mismatch’’.If you  don’t have multiple strategies to survive ,you might be doomed to fail.

This enmity or distractions reduce population of would be-wise time  investor-those generation of men  taking new decision-making  mortal expedition a mere chronic vanity . Consequently ,life is wasted as man returns to the grave –his eternal home .Avoiding this distraction can maximize the value of human existence and boosting our chances of golden place in history .Through time technology  man is computerized to live this stretch for a while and kicks up the daisy at appointed time .Let’s look at nature ‘s tangled web for a simple analogy a little closely .The investment of mothernature through the discovery of time is a catalyst for the emergence of form from formlessness to protrude material universe and nature in general as we see it today of which Man is an integral part .In the same way as existentialism,the growth of cultural activity is responsible for its protrusion over the course of time .

To make a  meaningful impact in a short lived lifetime ,one is expected to wisely invest in time in order to maximize human value offering quality services in a self exploited visionary environment .By equipping ourselves with a model behavior ,we must decide ,devise strategy and equip ourself with the right time  consumption pattern of life .cashing in your ventures for a heavier rewards and a blissful well lived lifetime.With increasing volatility in modern times ,it may take extra –determination and hyper-consistent  volition to get things done .AS  an indispensable resource for human survival ,an eternal anchor of nature’s intricate web and a vastly computerized elements of mothernature within its realm  sovereign and supreme ;dispenses the quality of human and natural existence both in the short and the long run.We are constrained by the factors that operate within and beyond us ;through which we are propelled to succumb to the forces of nature under control of time to which all destinies are tied .

It can be difficult to handle change in the same way economists  and monetarists do believe inflation cannot be effectively controlled or prices but much more importantly money can be easily brought under control of monetary authorities .In case of change very difficult to handle but by wise management of time the ignoble evils and repercaution of virulent change can be easily managed or brought under control to ensure public justice and universal welfare .Time as more or less an effective trade with change can also be regarded  indeed as the best form of natural commerce known to mankind .It uses human arts ,intuitive learning and dimensional evaluation of instinction  that comes before learning ,juxtapositorily and extrapolating to determine operative ecology and complex method of investment  and how to best human selfinterest paramount in this commerce.

Time is the universal journey of nature its absolute direction whose material presence is proven by  evidence of change diurnal  ontological transfiguration and the strategic ends of all progressions. Its evolution aligned to mortal holy curiousity ,enables effective use of time, saves human arts from all volatile costs of distractions .This includes tactlessness, aimlessness and a host of other ignoble items of the thieves of time ;so that time value rational preferences =TVAP,are deemed quite rational enough to contribute to meet envisaged visionary targets  of individuals and collective destinies .

Like every exist , what we know also is time driven including our tested skills ,require immediate use either for extant service or forecast service whose seeds must be sown in hope of future rewards .With   the passage of time these skillset could be moribund as novel expertise emerges making it to lack competitive buffers ,requiring reengineering ,retooling ,   retraining or upgrading or could be jettisoned or irrelevant .  The same with technology from time to time  upon which these skills and expertise revolve .The fall in the standard of living of people can be linked to time-allied depreciation returns and its cumulative damages  associated with changing technologies and changing competencies .It is expedient to avoid untested skills or expertise out of use given the fact that properly invested competency wisely deployed in time to service  can generate returns so much enough for the artist-in-question  who can further utilize the resources generated in time  to upgrade the skills for new development.

It is a natural law that Knowledge changes as time changes transforming the quality and quantity of technology and allied expertise that equally requires human change and value change respectively .Subject to technological change ,unless a certain level of environmental change  has taken place  ,to support value change ,human change or value change is downright impossible or may not be fully attained in the long run  .Since it is the environment that supports the individuals ,any change in technology is first communicated to transform  or change human capacity or the value change ,then environmental change is exploited to transfer impact to the larger publics .

The hepthacentric  time tested voyage of technical change-TTVTC  is a catalyst for success of political ,economic and social change in modern society .TTVTC truly speaking is the true of societal change –a possible template for societal revolution or radical transformation .To fund education ,time tested research and development can accelerate TTVTC to ignite possibility of material change –social,political and economic change.

In our race to beat time , we must be rational enough to apprehend ,activate and exploit the strategic impact potential and prolific influence of TTVTC  or  MTC –mass technical change as may be prevalent in a given socioeconomic system .We examine MTC  a little more below .

                THE TIME TESTED VOYAGE OF TECHNICAL CHANGE –TTVTC/MTC

Arguably ,the progress of technical change signifies the  success of material change MTC .This calls for  tactical research and development into strategic value  chain  .These facilitate the possibility  of these seven forms of change as enshrined in the constitution , guidelines and exposition  of  destiny management .This including highlights with clarity  as buttressed with question such as what we mean by behavioral ,value change ,competence change ,human change and environment  change and  especially  espouses its climate change to some extent.This excludes time tested and time management principles .

It is agreed to put it precisely in a sequential order of sequence  or in a  rational compendium  perspectives  that without technical change , material change is not possible .Without knowledge change ,there can be no minimum human change ,and without human change ,there can be no value change .Value change is followed by technical change and without technical change there can be no material change itself in turn followed by competency change and without it also  full blown environmental change is not possible .Excluding competency and environmental change which are meant to sharpen ,stimulate and transfer impact multiplier  ,the seven forms - catalyst MTC are responsible for the changing nature of  societal fabric .

However , these are basic primary change parameters in any society upon which material change is exploited by nature and ignorant public .The society disintegrates or perishes should these basic principles be abhorred and detested .As the central dose of time change and basic principles of change   management  applied for  basic time management   for mobilisation of arts ,the treasury of time or its factory of change management  is more or less the factory of mass information production and publishing house of the great book of history in turn the great book of culture or nature in  which all mankind is fed or nourished   .A s the logic for time management ,it also applies to destiny management –a general case study in this edition.

In the application of this basic principles of change  and the organization of natural change ,it is expedient to  realize time value added rational choices are closely tied to it .This allows us to be able to benchmark the quality of our decision and its transformative effect on –AI-P artist in question .By using those parameters and basic components ,it is quite easy to adjudge too easily our level of change and change management over a progressive order of time.These choices are time value added rational choices –TVARC and not such measured by regressive order of time –ROT-not POT.ROT- BASED CHOICES ARE TIME DEPRECIATING VALUE ADDED CHOICES –TIDVAC.By applying the components so easily ,audit the growth process as it graduates through or permeate each of the components until the final stage –environmental change .

With this fairly ascertainable  change management benchmark,a ROT based human, political,economic and social  status can be easily determined fairly too quickly.This leads to a review of the growth process  audit .Therefore ,in a transition of a  growth process audit ,perambulation or static growth  at one point of the component or regressing or  backward after a given general progress in the transition of the audit process –TGAP; could easily be identified and certified as ROT and POT respectively as easily predictable forward leaning exercise.It is known  as positive TGAP and its nature of impact on social,political and economic change ascertained too easily .

Prior to exposition of the nature of components in their sequence and application , the growth ,impact management and general audit process –TGAP that comes with it tends to demystify the rich tradition.It is interesting to not that ROT promotes destructive change in contrast to POT of ample space for growth and development ,positive change or constructive change –being the nature of change under vanguard at a time .This could lead to a revolution if ROT tarry to exit-an erudition that could promote peaceful revolution in a rapid evolutionary making epoch. This saves human life ,restores integrity of time ,quality of vision, and standard of living .This is ideal in capitalist  or socialist enclave  that is lovely enough to accommodate this change otherwise anything short is nothing but chaos and vile.

We shall look a little bit deeper about the types and features of change ,its anatomical trends ,define change and later explore change management theories as it relates to MTC and strategic impact on the redemption of history .Let’s look further at the facts and theory

                                            TAVARC DRIVEN CHANGE POLICY

Change is the alteration of a structure or system in to a malformed or better system.The transformation of units within culture from cause to effect and vice versa.It  could be transported from ROT to POT for both positive and negative change to occur or in a balanced atmosphere or partisan basis .It is a variation from cause to effect and effect to cause .The two types of change-revolution and evolution could go both ways romping motion between the ROT Poles and POT Poles .Change is a motion between these poles and also with  the circular movements driven by its directive index-time between triple fields of knowledge .

WE already noted the types and forms of change that also act as components and  parameters to measure a given velocity of change ,between the cultural poles in both regression and progression order .It is the gradual growth increase and decrease of time and motion over a given period of time .With the MTC items and basic components we can measure transformation of one state to other or pole to pole .

It is generally agreed that the need for change in most cases in modern society as it were over the ancient is POT driven though depending on the nature of the time consumers at  time .Science has grown exponentially in modern times to the extent it is possible to set back the development  time of life aof a racial stock provided they are backward thing on ROT basis .For instance Caucasian did this during the slave trade and still postcolonialism and globalization struggle and impact on developing region is still ROT driven.So ,to manage change and time effectively every race must its science for its welfare lest they be ridiculed by aggression.To grow along this line every race can watch its progress and even regress.All components of change must be equally traded within the cultural fields’ sphere of the two types of change in a given change trade cycle for a given change interval or change to be completed intotal transformation has taken place.Then change is fairly predictable with this benchmark and with this predictability on a better standard effective time management is possible and time abuse including its distraction better avoided .

We need not mortgage our  human,and cultural values once we gain perusal of the value of responsibility.This can be unfolded when we could the identify the need for  the amortization of social debt.

                                              THE VALUE OF RESPONSIBILITY
As they say ''responsibility makes a man '' is an age long  adage but the word is more than that as we explore its strategic influence on the nature of existence .Understanding its optimum use  enhances practice of development in mordern society .

                           
As long as we know that we are in  the ministry of purpose we are similarly  well aware of our true  sense of identity as a bonafide client of the ministry of responsibility  or  unpolished ministry of mission .Our true purpose in life which measures our critical essence as earthlings is denominated by the utmost value of responsibility which we undertake or not in life .There is this strange old adage that responsibility makes a man and so life in general computed as a totality of nature .
However life as we know it, is full of responsibility that its value lies in the ministry of  purpose or in the very purposeful  incentive with which it is executed .Life without responsibility is equiproportional to nature that detests no vacuum and not motivated by any challenge.The point at which human needs and liability meets ,a target is achieved and a responsibility born or reborn .This same causal  point creates impulse and that impulse is necessity  with which it is executed .
Ordinarily, when human need changes ,this routine as allied responsibility  also changes even though certain routines  are immutable  .Little wonder as they say necessity is the mother of invention  .The mode of short  term  responsibility  popularly known as routine that virtually everyone undertakes  when speculated on a long term ,with it, it is possible to differentiate human brand  including its purposeful affinity .As purpose changes routine and routine  changes   responsibility and responsibility changes human brand ,the nature of event including  ecology of condition –a spill over of transformative impetus  in human thoughts , human brand in the long run is equipped with the capacity with model behavior to overwhelm entanglements enroute achievement or fulfillment .But it does not know whether  its effect is applied by impact evaluation and immediate impact multiplier .Hence we know the quality of the  routine  is determined in the long run by its impact multiplier as  indicated by the quality of its purpose  .
An out stretched vision  as meteored by dreams provides the steam and requisite buffer and rudder for the mintage of purposeful mission inclusive of  its meaningful  or compatible responsibility or its   routinized operations.If after impact is evaluated are there lasting multiplier ?Most routines like bowel movement ,it doesn’t add up.Once shortlived effect is defecated if any ,impact wanes ,exit and very purposeful incentives embedded in the routine or routine  tasky therapy driven by ambition , are disjointed  and detached from realities or a task at hand .Therefore ,a visionary missionary of purpose better quantifies productive routines and is capable of stimulating and accelerating universal justice  and common progress of mankind .Though such ministry not devoid of ambitious wile s and caprices of the A-I-P ,nevertheless ,drawbacks can be easily eliminated not mud-drag the  true essence of routine being periodically wisely invested by nature to pay off elements  of social debt  out standings.
Destinologically ,it is on good authority that the value of  responsibility in a responsibility enterprise economy is tied to the amortization of social debt  that humanity is purposefully under obligation to pay. And as the routine appreciates in line debt valuation movement  appreciation ,the value of allied responsibility also appreciates .In the absence of such visionary industry and visionary ministry,as value declines,on existing outstanding , social debt   further accumulates .This complexities derail ,deleverage and decelerate the progress of mankind .As dual or more routines and responsibilities in this fringe enterprise   competes,  they tend to accumulate networth and appreciate in value to fight for societal relevance and inculcate ability to pay off this debt if indeed they can .
Social debt such as racial discrimination and racial profiling, tribalism , capital greed ,imperialism ,mass poverty ,unemployment ,inequality of wealth ,crisis and wars .Above all legal instability as stimulant of of competitive injustice hitherto touted as competitive justice by warped ethos has come to proliferate inspite of gigantic leap in modern civilization.This precarious trends occur as a result of ambitious depravity of the arts,anti-constructive routines has made life far more unequal than even in the ancient.
Human responsibility has value but do they have direction? It means in the long run even the value declines in absence of such directives guiding routinized operation and the targets and responsibilities packaged with it .Does it amount to a breach of universal purpose  as driven by egalitarian propensity of humanity to exist in harmony ?Unless self moral persuasion , it could be arduous providing to such difficult phenomenon in this  volatile age ,driven by racial and tribal greed and the increasing population of unrivaled social debtors as it were from the ancient doomed to die .
Ordinarily , from generation to generation and from age to age,  the proportion of this social debt ought to decline in a natural proclivity as civilization advances which is possible with the cumulative rise of objective followership vis-à-vis the proportional rise in the quantity of world population .But unfortunately as mass knowledge proliferates or exponentially increases ,the proportion or  population of objective followership ideologists and strategic thinkers ruderlessly declines.In this vastly growing unproductive routines of modern age that can be regarded  as the most intimidating anathema of all ages ,value of responsibility declines . With the incommensurate pattern of this structural disparity and growing imbalance, social debt exponentially increases and world civilization perks ignorantly on a time bomb and bottle or kettle of gunpowder primed to burst - unpremeditated .This is beyond the comprehension of modern avant-garde and the integrity of modern civilization equally  declines; not because the debt liabilities sprouted but rather unproductive routines escalate  and objective followership around the world declines.
Do we brainstorm for a change ?How much more shall we be saved without a rudder or buffer in an age driven by racial and tribal politics ,capitalist greed and especially  hate crime that is  poised unknown to its architects to dovetail into yet another perilous war never seen before in mortal history.We are at our wits ‘s end knowing not where we are headed and  fully well aware of our incapabilities ,nebula and how to venture in the bobby trap and muddy waters of life and acrimonious politics bankrolling human society and blanketing its ambience and cadence over the last 500 years of modern age .
With a bevy of complexities ,it seems that we are stuck in this protrusive vicious cycle as it were over the Noachian that never fails to relent, recycle and flags its size and zeal of hate crime worldwide .Indeed ,woe betide mankind indulging in era of bestiality and hounded with unparalleled  betternoire predilection as strictly bespoken by its buccaneers to wipe out so called inferior races of the world .Bugbearing from this most complex puzzles of  modern age ,seemingly ,there is no way forward for the larger swathe of mankind hibernating the surfaces of the earth .It is becoming increasingly difficult in to find a commodious platform within the larger spectrum  of the survival of the fittest contest defeating the ultimate purpose of their earthly existence .Man is created equal but inequal civilization everywhere has corrupted man making mankind far more inequal than even in the age of Neanderthal .
Coldblodded human savages ,cognoscentis of remorseless  Machiavelli and diabolism ,cognate cohorts of the geneology of social Darwinists and Marxist-socialists ,the racist enclave of the Jim Crow era and kluklux clan enclaves and Bismarkian nationalists and the entire stock of Caucasians increasingly in their successive generations inspite of monumental contribution have increasingly been a  threat to the peace and general tranquility of the world .With the tireless spurt of racial aggression  and the urge to wipe so called ignoble race dragging the dignity of mankind onto mud ,the entire species of  homosapiens perpetually under siege until the intervention of Karma.This precarious trends however still remains the greatest challenge of mankind in the rise and fall of great history and great culture .
Unless a higher civilization dawns on us ,it maybe very difficult to bring under control this strategic power base of world civilization  and surmount its excesses .In this benumb our hands are tied as mankind in general under sun  and confounded by these impossibilities but with the possibility of a greater war than any ever seen  to once again determine of superior of races.As we navigate our intent into centuries to come ,the bland appearance of this fickle posterity can not be disputed  severely bleak or far more uncertain than ever before in the history of mankind .AS coldhearted men declines ,the comedians of evil ,haunted by capitalist hauteaur  have mortgaged the destinies .So we cannot underestimate or demystify the possibility of comeuppance and its combustibility pawns of the unseen ages .Surely ,nature always retreats with karma and its laws invariably say so and not disputed also by the combatants of history.
We are confined within the complexities of conundrum ,the congenital congestion of its moral imperatives or the constipation of its dwindling and debased value system with unbundled laceration of compassionate and  empathetic  universe. Everywhere we go ,compassion is dead and empathy is long interred where freedom had long age become a fugitive .
It is becoming increasingly evident that we are confronted and confounded with the  fact that the ministry of purpose is long confiscated  and annexed by savages ,the brutes and the confraternity of purpose upon which human civilization evolved its struggles so much to get attention to attain the pedestal or at best  no longer exist.Does imperialism or post colonialism amount to rational human purpose?Brutality on the rampage ignited by brutes of hell and the death of compassion is accompanied by similar demise of apathy - its conjugal and identical twin brother .Thus the fate of modern society hangs in the balance .Within the constituency of what we think and the jurisdiction of human instinct ,we are mauled by this malediction and its repercaution and sustainability of modern society at large ; let alone unravel the ignoble sources and the determinant of racial struggle ever  wriggling out its unfolding event and nebulous hodgepodge.This shall soon and I make bold to say again results in brutal war that no man worth its rationality ever plead to happen ,pleading rather to contain its struggle .
However ,it may be a consolation that nature offers  to aid the gigantic leaps of the last half of millennium unprecedented growth .It is rational to assume with the same ideology or belief that  the social Darwinists had risen to power,to alter as they will human destiny to their own taste  ,with the same course of ideology ,they shall soon be swept away unmoored  into backburner of history .With history constantly reestablishing its superiority and moral  intuitive authority ,recycling the most disturbed epochs of the rise and fall of human civilization,soul purity ought to mature ,thus consummating the labyrinth of the ages.After the herald and consummation of the envisaged perdition ,shall we start a new ?Of course ,we will and every man now-his brother’s keeper .
It is not exactly possible  that larger swathe of mankind would learn from this anathema and aftermath and human instinct and certainly mores has not changed a bit as it were over the period under review especially considering the psychological effect of the brutalities of 1^st  and 2^nd world wars .From times ,immemorial until the time larger humanity had lived enough civilized to learn ,such actions had been in most cases regrettable and shameful yet the influence of historical empiricism hardly thrives enough  to apply the moral virtues . Our constant loss of memory  can be attributed to the lack lustre gestures to learning from experience  sailing backward to recycle and repeat  the most infamous parts of human history .
Indeed to be frank , we are puzzled by the unknowns ,the unstable and uncertain of the posterity  of man  under sun.In this war of  attrition  ,everyman for himself and God for us all ,the devilish thought and his unconciliatory nature harbors social distrust .To protect his dignity and the  integrity of his family is a matter of status and status building rather than his love for mankind ,his people ,race or tribe in general .Why is it so? This is because self preservation is the very law of human nature and status building rest largely upon self defence –a foolproof to the fact that there is nothing like freewill.
The purpose for which we live had been defeated in general  given the inadequacies of human civilization which has corrupted mankind.The original nature or the very first nature of man is lost or long buried the moment an earthling is old enough to use his natural instinct devoid of parental influence.To a larger extent due to competitive rivalry to survive ,the milk of human kindness or compassion is sacrificed in most cases as man attempts  to build his reputation and social status .He also sacrifices his sense of justice for what is in vogue in an attempt to belong or arrive or compete with the whole caboodle of bandwagon cascade .With the death  of human rationality ,it becomes very difficult to eradicate injustice in mortal society .This kind of intellectual depression can be called Jump th bandwagon depression –JBD.Are we then truly responsibly responsible to the true common course that unifies humanity?Through the acts of omission,in this regard  ,social debt balloons.
Shirking collective responsibility is a great threat to our common bond and as we undermine the value of such responsibility not just human responsibility which by nature pay their quota in the protection and fulfillment of mortal destiny ,perdition of common course is certain and the soul of human progress someday may  be threatened without reprisal . The need for human ,social ,political and economic responsibility  and the entire  categorical gamut of it to pay off social debt out standings  perpetually maintains or  upkeeps social projects  and general progress of mankind and also are the rituals that must be paid to advance human civilization as it were since the Neolithic era.
However,  at  this point it can be argued human responsibility and the individuals and individuality factor to honour its obligation timely or as at when due might clash with the essence of collective responsibility  as categorically enthused above but that the balance to keep harmony between the various dissections  must however be maintained to promote the progress .JBD VIRAL AILMENT is responsible for this disconnect that requires moral surgery to rebalance or rebase  debased value system  manipulated  earlier to lose balance of logical realism  between  insensitive and most ration elements of the society. The quantum leap in social instability can also be linked in favour of this ailment,even the balance it could enjoy a sizeable lead in its preeminence .
Unarguably ,  obligations almost like routines are human responsibilities which when consummated in the most affordable manner  begets and secures a better standard of living for its beneficiary .Conscientiously ,it is agreed that vision and the ministry of purpose that encapsulates dreamland zone including vision are requisite guide into the ministry of human responsibility or mission.Mind you as we know strategic planning hardly goes before a purpose ,the careful exposition of vision and the task at hand be easily apprehended in reference to such plan .Sometimes it goes both ways especially when you review your plans  but there must  be a purpose before such planning and also tends to refresh ,recalibrates and relive it as if it was fresh opening up human progress  on a much maligned note .
The value of responsibility as interred   in each components and law guiding  it including its triune passage required to amortise itself cannot be exonerated or excised from normal  functioning of the state  .With the accumulation of planning ,planning resources and enlightened  vision ,strategic thinking changes for visible transformation to be noticed or begin  in the life of individual prior to mutation to collective responsibility .The obligatory components of responsibility both material and non material intangibles  such as action , adventure ,goals, human need ,commitment and dedication,selective and general routines and above all ,education can patchy way of life in promoting social progress.When observe these elements as we are wont to do ,we are already self –made in this ministry of purpose aligned to missions and having taken a firm decision ,proper planning and understanding of its vision ,even an indolent mind would be encouraged to execute such purpose and pursue it  .Social debt is paid as we navigate towards our expected ends or fulfillment .
By observing these obligatory  components ,as at when due we are known as responsible or not drawing wealth of experience from the optimal value of human responsibility at a given period .It also speaks a lot about the worth of human responsibility and humanity respectively ,its depth of integrity ,self-esteem and the integrity of human persons  at a time.No one advises us to do it ,we just do it .Though negotiable but it is a must a mandate for the day –an empirical evidence that man is guided by the laws of responsibility including law of action ,law of faith,seductive law of sight  ,laws of providence ,requisition and restitution  -an indispensables s they measure changes in human need.
To keep these  obligations  is to keep the law or such responsibility or strict observance of responsibility .There is no control or coordination from outside forces with these elements ,we determine of our responsibility at every point in time including the extent to which we can philosophize failure or success .Or how to take action perfect action, master completely or on a partisan basis or whatever we v not practiced before .sow or nor reap or harvest ,exploit or perfect conditions or not let alone exploit ,procrastinate or not procrastinate ,build routines buffer or not ;persist or not persist.These are timeless assets and liabilities that drives human creativities with a reward that must be earned when they are surmounted and riven towards wits end of artists in question. The tardier we decide on these crucibles ,the more faltering we become losing time tested values to TTS syndromes .
By adding value to responsibility ,a rational being ought to know how to profit from them and actions do not have to be perfect ,neither despair nor until you mimic a system of successful actions  including its winning methods before one can break even. This gives room for learning on the jobs or trial and error evening learning is the best over time a determined person can struck apparent oddities. It is pretty absurd to abandon today’s for tomorrow’s responsibilities .What we can do today is worth well doing today and no need to postpone ;for procrastination as they is the greatest thief of time .If you want tomorrow ,tomorrow today may never come .If you want tomorrow today ,then you should start valuing tomorrow that is yet to come  today .This is best achieved by seeing and valuing today’s responsibility as your cardinal time investment for the tomorrow that is yet to come .
The best of life , gratitude ,love ,affection, empathy,sympathy , compassion ,passion and diligence can be shown and sown into today .We have been told that tomorrow’s is never ours even when we plan or wish greedily it comes  but we can massively invest in today for a brighter tomorrow –like they say -a bird in hand …. Do we get clarity about where we are headed or what we want to do  ? Or how do we master those system that has helped others ?How do you attract affection of outside forces in terms of constructive relationship  and meaningful  engagement that would you to your expected ends ?How do we realize it does not make sense  to wait for the environment to change ?O r wait for it to change first before we make a move  ?Do you need to be sharp to see if so how, what   and when ? It is not enough to aim BUT HOW DO YOU SHOOT AT THE RIGHT TIME? Understanding these  strategic  imperatives  tend to add value to human responsibility  and can enhance mental and psychological alibi and sedentary perspectives of these elements eaten raw and burnt by thieves of time or by inadequacies of moral exuberances.
Understanding  the place of human responsibility has a lot to offer and  to do with the habbit ,habbit formation and individual customs that encapsulates the signification of this responsibility .By the force of mutual resistance ,you can fail woefully and by the force of mutual gravity ,you or we can be stereotyped and programmed subconsciously towards success .As we peruse better human responsibility and taking the drive in the right direction ,we can alter or change our destiny  in the most affordable way possible .Not until we are capped by its success ,do we know ,we are in the right direction or in the right place or have done well .So success is the most satisfactory climax of human activity and indeed the true climax of  human responsibility and its sustainability can be   Importantly harnessed to castrate failure and that can be the most beautiful achievement in a person’s life enabling mankind to honour his responsibility that nature places at its doorsteps .
In an epitaph at a local park it reads ‘’play at your risk ‘’the same applies to mankind and at our risk ,we assume that can make or mar us and at our risk ,we assume it for failure or success. We couldn’t have existed in the first place without it  and we must be  abreast or peruse the type of responsibility we undertake .Hence a calculated risk is far better than a jump on the high sea.Mordern society should learn to take responsibility for the capitalization of optimal necessity that liability defines and posits that we should undertake basically the amortization of social debt or otherwise it could be seen a gross irresponsibility when it is allowed to grow unfettered and man endangered species right there in its own backyard .
Basically ,it is a common knowledge that nothing works for every responsibility without  not adequate capacity but also sustainable capacity.This is a panacea to not only  econonomic development but also sustainable economic development .

CHAPTER -13---THE CONCEPT OF CAPACITY BUILDING AND ECONOMIC DEVELOPMENT
Contextually Capacity refers to human character that is appropriate to support to human tradition and social development at a time .The primacy of human capacity cannot be underestimated in the general design of socioeconomic system appropriate to support living standard of the people .Its development determines the rate at which economy grows and the quality of human capacity has come to matter in modern times in addition to its primordial contribution to nation building and universal welfare as a whole .
However we need observe that its sustainability also more than determines its strategic impact to economic development and where capacity abuse is perpetrated or persistent there can be no development .This among other reason remains the catalyst for capital underdevelopment in most developing countries as a whole

SUSTAINABLE CAPACITY BUILDING FOR SUSTAINABLE SOCIAL DEVELOPMENT .
Generally human capacity collectively supports social and economic development .Capacity remains the hardware and the changing climate of development the software vital but nature enthuses differently with capacity as the software and the climate and the human system -- the hardware that outlives the software during a round of mechanical operation or use .The value of human capacity cannot be demystified and a missing link that usually midwives underdevelopment .Appropriate capacity supports appropriate development at a time .Inadequacy of development at a time is caused by capacity inadequacies or the inability to reach optimum capacity needed to support highly demanded development needed at a time .
The appropriation of development cannot be attained unless capacity and appropriate standard needed are met and sustained before projected development can be met .HUMAN DEVELOPMENT begins by cultivation of required capacity vital to support a given human resource per capital which must supports itself first and foremost prior to general contribution to the development of the society .And effective human capacity follows tradition cycle thing with multiplier effect to transform a nation when collectively endorsed .Its quality by use and practice relative to institution and policy practice in an economy is indicated by the quality of information enterprise of a nation .
Since human capacity pioneers and authors human ,social , economic and political development , sustainability of the tradition flow cycle thing relative to collective social capital tends to nurture this capacity far better and consequently not only passes its effect to the socioeconomic system at large but also harbinger of much vaunted human civilization . We can contend that it is the circulation that matters which follows the tradition cycle flow [TCF ]- and such sustainable effect is vital to transform that jurisdiction from existing lethargy and the moribund nature of the socioeconomic system facing the hurdles and resolving the challenges of nation building .
To be precise sustainable human capacity promotes capacity building by aggregate contribution influences socioeconomic development and also sustainable capacity building through its collective wealth promotes social growth ,then sustainable social growth or development . This later snowballs social development in turn following the TCF completes or dovetails into sustainable social development until capital development is attained , harnessed and sustained .This indicates that capitalization of development in any clime can never be possible without appropriate human capacity which will midwives adequate appropriation of development demanded at a time ----
Capitalization of Development, Tradition Flow Cycle and Development Density

Capitalization of development is a central precedence in developed society The development critique school mainly the philosophers and scientists which provides diverse models put to mill to entrench development practice periodically undergo psychological reawakening and moral self-criticality-an inner audit process that reevaluates existing world models by every successive generation of modelers so that a model is not made inactive or left rigid in human tradition far too long .Such capitalization wrought by free will through intellectual freedom tends to restructure human belief system refocuses human tradition and development practice perspective scientifically using per capital competitive bias not only from the critique schools but also from the rest of civil society while evaluating our tradition .
This influences the policy makers in the same way as the modelers though to a lesser extent but most specifically the entire fabric of socioeconomic system that they superintend into growth and then into mass development .Their major responsibility is to shape the polity and the social psyche that supported it giving direction to mankind in general .This is passed from nation to nation ,generation to generation and from project to project .The quality of development equation at this consensus of psychological reawakening and modeling self criticality restructuring curve [ measured or tested at the birth of new models or those not accustomed to where development is traded for utility in the market place ] provided hurdles to learning are surmounted is the only competitive parameter and optimal leverage to grow development cycle from one stage successfully into order for true development to be actualized , sustained and benefits mutually spread to every class in the socioeconomic system .
Total reevaluation of this curve ordinarily insinuates successful market reforms in these territories to further consolidate on the previous gains of development-giving rebirth to elementary doctrine of development civilization .Those nations on the contrary where market had failed must be measured by this development deflator /inflator which addresses a review of previous strategies put in place to drive social capital so as to determine optimal result needed and accumulated .
However also at this stage man by nature highly culturally resistant to change exhibiting preferential bias in favor of the kind of change they desire to tolerate in contrast to following nature’s course which may be costly but the most effective . Inability to let go results into costly revolutions a washed in mortal antecedence .Controlling inexpedient futurity of this climate by practice tends to slow down the economy of development and also dampens sustainability of existing development antecedence . Nevertheless passion for works and strengthening of capacity building promotes and refines human arts with which further consolidation can be effected .Capacity building primarily to be precise is the subordinate institution of mass development[power triangle oriented ] and not just the basic art of development. It is the transit shed and the actualization framework of development materialism .The practice of this arts advocates development grows and matures mass development depending on the level of information adequacy existing in the society at a given period . With perpetual practice swinging from project to project and from activity to activity –a normal daily routine , cultivation of development is turned into arts and then into mass venture backed by sensitive political will and technology to become the very primogeniture of culture pass on from one culture age to the other .
Sensitive societies advocated this on a recyclical renewal basis transforming sustainable capacity building benefits into sustainable development .
To study the economy of development and development technology in a society one must first venture to unravel the open mystery of how traditional and scientific information flows freely or consumed by social capital and traded by it resting on culture .This culture popularly but unusually as repetitively emphasized is regarded as the economy of development nature , the foremost institution of nature and the foundation of the universe and life altogether .Man learning from this book of nature evolves the practice of development by domesticating relative capacity which is the author of development . And the ratio of development in a nation feeds from existing capacity .Consistent growth in this regard is not enough to measure sustainability but also the quality and the growth pace also contributed to it .
Development components includes growth , growth assets , growth regulation , growth criteria , accumulation of growth , sustainability of growth , attainment of development itself then, sustainability of development , and then the cycles of development until the last cycle of capital development which measures more of the spread , thickness and distribution of this development through the rapid gains of empiricism or using the gains of technology to circulate mutual benefit to all citizens. This procures development density in which all citizens are both socially and economically affected .Dividend here is usually regarded as civilization .
Development parameters such as tradition rigidity where necessary and incentive leveraging , regulatory standard , development forecast and benchmarking , trial and error processes , development remodeling and development auditing process , bridging learning gap [ critique schools outputs] , necessity and enlightenment demand , social capital and above all the interaction of information freedom over information asymmetry that distributes mass enlightenment which determines the nature of development economy in a society in which primordial goals are the same by observing the great charters of liberty .To ferry material development is to observe this social architecture and then stages can evolve using the political , economic and social power and will of a nation while mass enlightenment is leveraged to demand rigidly for mass development .
To devitalize on development is to deny extensively egalitarian access to cultural trinity and abuse this template and the consequence is to enter or embrace development dark ages and vice-versa .The entire development economy worldwide can be measured in this way which falls short of pass mark even if it were to be elementarily graded . Observance over time of this noted criteria automatically fuels development civilization which is made possible by reviewing the effect of these components and parameters in developing development and the extent to which the required sustainability is capitalized . .The basic law of development is already known which is mainly access to the use of cultural rights of man , observing the great charters and the affordable access to information democracy is a foremost starting point .That education especially social education matters a lot could no longer be doubted .
The institutionalization of affordable information access promotes capital development adequacy in the long run .The only challenge a nation has is how to maneuver power triangle [being the secondary institution of development and often by its structural defects tend to ridicule the primary institution of development ] into attainment of this capitalization which is why development is faster in one society than the other; irrespective of competitive self interest over time social interest in such economy always prevail –an exposition or a reflection of the quality of social capital in that jurisdiction . The societies that made themselves poor ate poor excreta fallen short when categorized using this simple indicator. A society must have attained certain level of this adequacy , democratic flow of information enterprise development and optimization before capital development can be cultivated or made possible .
It is to be noted or remembered that optimum use of information enterprise promotes by multiplier effect mass innovation .In the economy of nature art system market is nurtured by information free market which is the author of full blown cultural free market and also interchangeably and the latter still through artistic evolution It is also the author of capacity free market which in turn authors or cultivates development market economy as they spread over population free market .Nature moves along this cultural trap cycles which is embarrassingly obvious influencing humanity as the epicenter of development by projecting and planning traditionally following similar rules from the ancient until now. Unknowing to man scientific planning cannot be embarked effectively even if growth in technology advance sustain ably unless we first unravel the nature of development economy in the cultural market –in view of the growth and diminishing returns threat to human civilization .
This development pattern and standard is fixed but the capacity to maneuver the template consumed man ’s ateliery . No wonder Francis Bacon admitted man is an interpreter of nature learning from this book [nature] and development evolution in the family of man has followed this line of thoughts for the entire stretch of utilitarian culture and history .The challenge for developed societies which have observed the rudiments of development is to sustain civilization and avoid development boom and burst cycles . Given the glaring evidence of history and development antecedence that no civilized society in mortal history since ancient until now has been able to sustain her civilization . HENCE SUSTAINING CAPITAL DEVELOPMENT IS NOT ENOUGH EVERY CIVILISATION DID ATTAIN THIS CYCLE BUT SUSTAINING THE TORCH OF CIVILISATION and spread to adjoining races is the greatest challenge in the cultural free market and human history .

Development and Core Competence
Coming down to the developing history , certain parameters ,according to a study by Saleh Nsouli , once concluded that three most important and interrelated components vital to economic development : capacity building ; good governance ; and economic reform .Capacity building is defined as the development of skills and institutions as critical element to the attainment of sustainable economic growth and development .Without good governance full exploitation of acquired skills will be practically impossible and domestic institutions grossly underperformed . And to leverage on economic reforms effectively without a well functioning institutions could be exercise in futility or not operated properly .
The quality of the institution itself is a reflection of the extent of capacity building –a core resource for economic growth which uses the institutions as a framework through which corporations and people participates in economic development producing incentives for investment and the resources ’ allocative efficiency .The importance of institutions is somehow extremely underestimated in the developing history and to some extent advanced countries .No territory is immune and specifically citing the market downturns and meltdowns that plagued the united states was linked to poor quality of institutions and here is a region hitherto previously regarded as sacrosanct .
Africa ’s growth rates and potentials in the 60s was ranked ahead of East Asia ’s .Nsouli study consistent with Easterly and Levine [97] provided empirical evidence that lack of sustainability truncated this potential due to political and social factors , poor institution , political instability , bad governance and corruption and inadequate infrastructure .Rodrik [97] shares similar evidence with a view that quality of institution in the region exceeded in real terms contribution by classical economic variables such as technical progress , accumulation of capital and labor supply increases . Capital accumulation and the quality of the institutions according Hall and Jones [1999] in the study of 133 nations are complementary essential to long lasting growth .The two sets of institutions noted by Nsouli and Rodrik [1999] studies : both regulatory institutions and those that supports efficient functioning of the market are pivotal framework for long lasting growth .
NO wonder capacity building concept is the most popular phrase in the development discourse .According to Infocotonou , the European centre for Development Policy Management noted why aid is not generating sustainable impacts or policies fail to deliver . This was linked to capacity problems as admitted by foreign donors and government alike .In the world bank study for long term development prospects for the SSA region .From Crisis To Sustainable Growth [1989] capacity building is immensely shortchanged or under threat and grossly inadequate .That capacity for sound policy design and policy sustainability is in dire need or critical short supply in nearly every sector of African economies .
For instance in the Nigerian public sector serious capacity gaps [ ratio of derivation between required and actual workforce ] exist especially in most ministries and agencies .
The inadequacy in the quality of technical skills and the shortfall in the quantity of available man power posed serious problem to economic development .The inadequacy was also recognized in the national capacity assessment report [Nigeria/World Bank, 2002] affecting negatively in the way public resources are shared and coordinated .The report details were shocking . unequal staff structure , staff concentration in semi skilled and unskilled labour category while qualified staff were grossly lacking in critical areas [ i.e finance ,economics , policy analysis , general management and IT] .The civil service was said to be over staff at the lower levels and overworked at the higher levels ; ratio of trained workers to total staff strength was very low and very insignificance to some extent citing lack of funds as a major reason behind the shortfall ; more than 70 % of sampled institutions could not meet training needs . [Obadan 2003:Capacity Building For Development [1] . ] . In the private sector the problem of skills mismatch that do not correlate with industry needs abound . The virtual collapse of educational institutions since the 80s churned out half baked graduates that hardly finds jobs to compete in the economy and 70 percent of which hardly can defend their certificates ;though the workforce are better here than in public sector .Imagine , Lagos state- the richest state in Nigeria perhaps by IGR and the commercial capital controls more than 50 percent of entire skilled work force in Nigeria and two third of industrial sector . Unfortunately poverty level is as high as 70 percent-we mean 70 percent of Lagos are rural .That is Nigeria –the elusive giant of Africa .The same story is grimier in the rest of Africa the middle east and beyond
Obadan [2003] commenting these inadequacies and the challenges facing Africa affirmed that ‘ this among others …..informed the nature and pattern of external donors interventions .In spite of the efforts made the practice of capacity building so far leaves much to be desired and capacity building continues to pose challenges that may be addressed effectively in the long run ’ .
In the developed territories we have noted that poor institutions also abound and the capacity building predicaments there are more linked with poor models which further humiliates and degenerates the quantity and quality of development produced in the insensitive developing region . The institutions that supported development in this region were nurtured over the course of 400 years or so. Hence rigidity of tradition could also influence biblio maniasis and to avoid this dark age empiricism of past leprosy in development can easily be exhumed . To resolve these challenges facing humanity put together , we need a reminder or briefly re explore the economics of information democracy and the strategic impact governing affordable information access.

ECONOMICS AND MARKET INCENTIVES OF INFORMATION ADEQUACY
Successful capacity building rests squarely on the success of a nation ’s information enterprise which could add value to TCF If harnessed .The cost effectiveness of this market incentives promoted by its enterprise are hereby noted :
--promotes social , economic and political awareness
--ensures universal freedom such as freedom of information at least on a tolerable level inimical to preservation of human rights abuse
--Promotes mass innovation using the democracy of information freedom and ensure development in the longer term
--Without information freedom which is the sole feature of a democracy unknown to many subsidiaries such as freedom of thoughts , freedom of association , freedom of speech , security of life and property etc,among others democracy cannot be sustained.This indicates that democracy in the developing countries is living on borrowed times since the economic framework to support it is grossly lacking
--If the above is sustained the path of development cycles can also be sustained and completed until the last stage capital development or its density is sustained .These are indicators for sustainability .

CHANGING WORLD DEVELOPMENT IDEOLOGY
World development ideologies change with time and to capitalize development successfully, the socioeconomic system model must be changed to go alongside robust formula as suitable in the third world in which we have noted democratic formula hardly succeeded or go along to contribute to meaningful development ..A socioeconomic system composed of political ,social to economic system in this region is highly inimical to growth-- a safeguard of growth abuse and the main contributor to capital underdevelopment .Every decade they recorded economic growth but are hardly sustained .This emphasizes the need for change which cannot be possible without self-determination to observe neomarxism and get off the yoke of western aggressors . Learning lessons from emerging markets could give inspiration and practice is another thorn in the flesh of indolent nations where development deputisation deposition colonialisation abound and bibliomaniasis is highly valued as the antiquities .THE NEED FOR CHANGE cannot be bargained for dregs otherwise perdition of these nation states is never far away
In a fast changing climate ordinarily development according to several school of thoughts is determined , quickened or hastened by several factors mainly policies and appropriate institutions put in place to midwive meaningful change that a society or an economy demands at its own trying time which must be supported as noted earlier by highly evolving developmental ideology of the nation to evoke requisite mass of capital development needed to maintain and sustain social life and access to universal wealth . The challenge in our world today we have noted repetitively: is how responsive and effective are the socioeconomic system as a whole and especially the existing macroeconomic models’ reaction and sensitivity to this changing climate ?

AS MACROECONOMICS FADES AWAY MICROFINANCE CHARTS A NEW DAWN
We affirmed that the study of economics from the antiquity until now has never been able resolve the evils of inflation which is the fundamental economic problem let alone its endless tiring theories being propounded by macroeconomists in modern times which has only proliferated in vain Since the days of Thomas Mun,s Mercantilists theory which pioneered modern doctrine of larger market and imperialism or among others earlier in the Neolithic to the Medieval if any of this mode down to classical economics and Keynesian period until this era of the Neoclassical and the monetarists and the like , the vicious indulgence circle riding on the heels of intellectual terrorism sorry to say has assumed a maniacal proportion and refused to abate .Consequently , development colonization development arbitraging and development holocaust respectively as components of development crisis have been legacies bequeathed to development market of the third world countries countering requisite density or mass of capital development that has often eluded these territories for a long stretch of human history.
Infact , insiders such as Robert Barro at Harvard Keynesian Paul krugman of Princeton University and New York Times Brad De Long of the University of California and William Buiter of London School of Economics [LSE] and a host of others have noted this gradual degeneration .They contended that economics is a dismal science. That the past 30 years of macroeconomics training at American and British Universities and the entire west were ‘a costly waste of time ’ The U. S meltdown greatly plummeted any notion of confidence or provoked crisis of confidence in the field and a glaring evidence of the dismal science .In the best PhD programmes based on the opinions of some economists , macroeconomics it is regarded often as the least most popular class . It is a misnomer to believe that it is a panacea nor even a relief to human and economic misery .
On June 10 , 2009 at a Lionel Robins lecture held at the LSE—London School Of Economics Krugman noted that most macroeconomics of the past 30 years was ‘spectacularly useless and positively harmful at worst ’ .That is particularly a scathing remark and can never be better than this especially when coming from the mouth of an insider-Is that a good halitosis ? Your guess is as good as mine .They failed to diagnose the causes of economic crisis during the melt down not to talk of proffering solutions for recovery uphill They were dormant hardly learnt new things and keep repeating the same mistakes over time
Of course these internal critics were against themselves too both the ‘ purists ‘ freshwater and the saltwater ‘ pragmatists ‘ The behavioral economists and the apologists of efficient market hypothesis raved against each other .Although Paul Krugman noted that ‘ we are living through a dark age of macroeconomics ‘ he was nevertheless criticized by some other macroeconomists such as De Long for falling back on antiquated Keynesian doctrines ‘ as if nothing had been learned over the last 70 years ’ After all many scientists the economists believed ‘ do not leaf through Newton ‘s world machine ‘ principia mathematical’ to solve basic problems in the study of physics .
For the upteempth time in this fast changing technology age existing macroeconomics models ordinarily must also change perhaps at the same pace in which today’s technology changes .The fact is clear: the poorest regions of the world mainly Africa and the middle east despite landslide GDP growth over the years which is measured by declining share of world trade and especially the growing flaccidity in the natural wealth or assets indicates that GDP in real terms precisely does not take into account .There is no need to re-emphasise what is known already –In a cursory analysis let us access challenges facing Africa as a leading case study in this episode .
AFRICA IN THE NEOMARXIST AGE
Like elsewhere around the world the relevance of international financial architecture to Africa cannot be underestimated at this critical period of her history in view of vital demand for development practice in the continent . The quality of growth and development in this territory is heavily interrogated . Greater macroeconomic stability attained especially in the SSA region over the years unarguably grossly masked and shortchanged the quality of this practice and vastly underdeveloped its needed density and pedigree not translated into lasting growth in the continent in the long run . Unfortunately the vicious trap cycle continues without remorse and alternative recourse since the colonial era .

CHALLENGES FACING AFRICA
As usually emphasized demand for development in the continent is under perpetual siege. No wonder nominal and precisely real development is similarly under siege and close to zero . What can we do ? .Challenges facing the practice stems from seemingly insurmountable factors such as poor mass enlightenment ; inappropriate demand for development ; cultural inhibitive supply factor flaccidity ; and above all lack of homegrown ideology OR which we have analyzed or diagnosed under acquired immune deficiency DDDCH syndrome [DAIDS] OR SOCIO ECONOMIASIS . This can be regarded on aggregate as mental poverty or spiritual poverty which is the author of all poverty types be it income or economic form of poverty ; physical ;political and social forms of poverty .It is the world greatest plague behind social misery .Before we can resolve this problem we must tackle socioeconomic effect of Braindrain in the continent .
According to Daniel Cohen in the piece ‘Veils of Ignorance ’that two of three Americans sincerely believed that being black is synonymous to poverty and the rest did enthuse that blacks were probably unlucky . For the umpteenth time yet the pinnacle of their civilization was black by origin .It is a derogatory statement to be made especially for the ignoramuses around being deceived by their shortsighted philosophers and who failed to uncover the strategic importance of the mother of all races and her indelible place in mortal antecedence .Underestimating her unparalleled antecedence surely marked the path to perpetual economic decline
THE CONCEPT OF BRAIN DRAIN AND ECONOMIC DECLINE
The concept of Braindrain particularly is more worrying which reduces the growth rate of available and effective human capital shrinks income level , reduces the existing size of income per capital and GDP capitalizing gross underdevelopment in the long run .That is why Africans need to take serious considerations on its economic impact and effect on labour and standard of living and international competitiveness [Hague and kim].It has greater impact on international trade and commerce and often occurs between nations states and communities and impact heavily on the climate of sustainable development [Uwaje,2001].
It is to be noted that the Braindrain scourge is one of the author of mass poverty and is synonymous to capital underdevelopment .According to international Organization for migration and the United Nations Economic commissions for Africa ; for many Africans who went abroad and returns with professional expertise and as skilled labour there are many more that never return . The scourge is particularly nauseating and steadily increasing .Between 1960-1975 about 27 ,000 exceptionally qualified professionals were estimated to have departed their home countries .And between 1985—90 another 60,000 also departed and since the continent has been loosing 20 ,000 professionals annually .This is particularly worrying because the figures do not include the student population that also departed to study abroad with no hope of likely return .Out of every 100 professionals departing annually only 35 do not return .About 64percnt of Nigerians between the age of 25 and older and 43 percent of all Africans living in U.S.have one bachelor ‘s degree at least .The Senegalese doctors in the U.S. CITY OF CHICAGO is more than in the whole of Senegal .Likewise if the Nigerian doctors at the general hospital in Kuwait should return home enmasse today that hospital will be closed down . There are many more Nigerian doctors and nurses in Saudi Arabia and the .U.S. THAN in the whole of Nigeria put together .
AS a matter of fact Nigeria has more than 21,000 doctors in the U.S. alone as opposed to over 30,000 local doctors . This figure for the U.S. is even more than real local estimates because not all Nigerian local doctors are active excluding those with periodically renewed licenses. . Imagine about 1.7 hospital beds and 0.2 doctors per 1000 people and infact one doctor serving about 15 -20 ,000 clients in the north ; this is not peculiar to Nigeria and the emigrated ones do not dream of coming back .Writing in the ‘Professionals And the Economy ’Prince Bola Ajibola the former attorney general and minister of justice while recalling his experience as a Nigerian envoy at the court of St .James and the alarming number of Nigerians that have left the shores of the country since 1999 once noted that : Frankly speaking a considerable number of those who ought to contribute to the revival of the economy are outside the country . Many of these migrants are professionals .They are currently devoting their talents in developing other people’s economies all over the globe .Sadly the many hundreds of thousands of naira it takes to produce a Nigerian graduate and professional right from primary school to the University would appear to be wasted when you find him or her doing menial jobs such as attendants in the London underground ’
He continued ; United Nations Conferences on Trade and Development [UNCTAD] estimates as at 1979 shows that each African professional between the age of 25—35 contributes $184 ,000 each year to the United States economy .Current estimates are that at least 100 ,000 Nigerian professionals are practicing in the U.S. .Thus conservatively , Nigerian professionals contribute about $18.4billion to the U.S.economy . If adjustments for inflation over 20 years are made the mount of money will be more astonishing .If you include Nigerian professionals living in Canada Europe Saudi Arabia and South Africa the amount will be $100billion [ more than twice of nation’s GDP during the period ].Whereas the 30 ,000 doctors Nigerian born medical doctors is a child play when we consider the enormity of capital flight crisis effect .I dare say if there is a sudden withdrawal of Nigerian medical professionals [doctors and nurses ] from the united kingdom the national health service [NHS] will face dire consequences .’[defunct National interest Aug.24,2001pg.27]
He believed Saudi Arabia will face similar ordeals with adverse effects on their healthcare system should Nigerian doctors and nurses be withdrawn . He was surprised Nigerians were everywhere even in new Zealand ‘way down on the end of the planet ’ believing due to sheer distance will hardly come across any Nigerian but ‘to my utmost …. pleasant surprise ’according to him ‘ a reception ’was ‘held for me the same evening of my arrival by Nigerian professionals gainfully employed and contributing to New Zealand economy ’. That Nigerians are every where around should no longer be disputed and should not be the problem and many will never return according to our lawyer unless social amenities are provided . Social amenities or not people are always on the move even in South Africa where the climate is conducive professionals are moving in droves but who is filling the remaining vacuum ? Any way as we noted the scourge is a phenomenon across Africa .
In Ghana during the 1980s 60 percent of her doctors left the country putting enormous pressure on the healthcare sector while an estimated number of only 400 doctors are still left behind in Zambia out of close to two thousand doctors it formerly had . In 2003 Christian Science monitor reported within a decade in South Africa an estimated 20 percent of skilled workforce have departed the country and within five years in Zimbabwe professional workforce shrank by two third ; this is a grave situation . Now it lamented to replace this missing gap Africa spends 4 billion dollars annually importing some 100 , 000 skilled expatriate to fill the missing link . no wonder development of science and technology is stagnant and fast eroding as scientists emigrated in search of greener pastures .Forget about genocide such as happened in Rwanda I tell you this intellectual genocide not physical genocide far worse and far degrading .
The result today is known to all no growth sustained , let alone development nothing moves and decline persists as population increases .Policy put in place like NEPAD etc lack leverage to take the continent to the promise land . We contended already that only enlightened people demand for development and can prevent social , political and economic instability from degenerating into continental bloody wars . Today Africa remains the most scientifically backward territory of the world and behind the middleast is the world poorest region . no wonder some researches link that [ two out of three Americans ]thought that black is synonymous poverty . I S there ANY WAY OUT ? The spillover effect of Braindrain was profound .
THE SPILLOVER EFECT AND BRAINDRAIN
The UNESCO WORLD science lamented that the continent failed to make any impact on new materials and product development far lagging in the ICT sector despite marginal growth in recent times .A 1992 survey put the total population of African scientists and engineers at 20,000 which represents a mere 0.36 percent of world scientists and the continent is responsible for less than 1 percent [0.8 %] of world scientific publication .While its shares of patent is next to zero with no Nobel laureate for any scientific discipline yet .It is a very serious situation because patents , scientific publications innovations and technologies are the common yardstick of growing civilization .
According to the report at the basis of this declining growth is the deterioration of learning . Education is declining due to negligible output contributed by science , research and development .In the public institutions , Africa’s expenditure is said to be less than 1 percent of GNP in which a good chunk of these scanty spending say 47 percent are pumped into agricultural forestry and piscatorial business whereas value additive , agro allied and manufacturing services persistently lacked behind . As at 2001 UNESCO report summary by Catherine Mgendi , besides Seychelles and South Africa no nation in the entire continent spend close to or 1 percent of her GNP on research and development .or larger chunk devoted to sciences .
Enrollment in science has fallen drastically especially in advanced learning institutions a major reason behind decline of science on the continent . In most countries about 0.5 percent of scientists and technicians existed for every 10,000 people in 1995 .let ’s take a look at secondary and tertiary enrollment in selected African countries. In The nation article on African science Mgendi noted as observed below :
Selected African and Asian countries compared
Secondary and vocational school enrolment per 10, 000 people

n South Africa ……………………………………………….1,085
n Korea………………………………………………………..1,037
n Gabon…………………………………………………………474
n China …………………………………………………………457
n Kenya ……………………………………………………………224
Tertiary Enrolment in the selected countries: compared

n South Africa ………………………………………………………80
n Korea ……………………………………………………………..381
Though the eight African counties rated favorably with six fastest growing in east and south Asia but the low enrollment in science is the greatest undoing .
Before we close this chapter , consider this sad and deplorable facts .According to the magazine –The Newsweek , the U.N. and World bank intensive studies that over the last 20 years which ended in 2003 Arab world average per capital growth rate had been less than 1 percent lower than that of Sub Saharan African region ..Unemployment was in double digits even though they were underestimated and labour productivity hardly changed since 1970s down to 1990s. In terms of access to foreign literature and ideas and technological development and exports middle east is the weakest and persistently the decline never abated. Likewise in Africa , her peer basket case , per capital income in Egypt in 1950 was rated exactly at the same level in South Korea but presently it is 80 % far lower than in the former times .During the same period under review the population of Egypt some 70 million people filed only 77 patents in the U.S. compared to 50 MILLION South Koreans filing 16 , 328 patents works .Today non –oil exports of Hungary is much bigger than all of African countries put together . These are some of the grievous mistakes and Braindrain factor could not have been resolved and exterminated completely
Note :Braindrain like many of African challenges to sum it up is a capacity problem correcting this shortfall will no doubt be a contributor or a function of sustainable capacity building which can only be harnessed and resolved in the longer term .

With this scourge Africans seem to be contributing to growth elsewhere to the detriment of their motherland .It should noted Braindrain has three types or categories : first we have colonial Braindrain which is slave trade using forceful expulsion of people to foreign lands but now the rest is history ;what we have today is neocolonial Braindrain in which the lure of civilization and greener pastures lured Africans persuasively to serve to grow the superior homeland. This is modern slavery –but the most deceptive fighting against local development like jihad or shall we say second slavery ?
Africa : the Land of crisis and natural wealth
There is no doubt that Africa is the richest territory of the world and cannot afford to do less since it controls or has 40 percent of world total strategic minerals and the Congo basin harbors half of these with the Niger delta having the highest numbers of rivers and waterways worldwide .70 percent of 300 ,000 species of world total fauna and flora are located in Africa but Niger delta controls 60 percent of these . World largest gas deposits according U.S. GEOLOGICAL STATISTICS is located in Nigeria [ and not Russia or Iran ] probably around 600tr.scf [as opposed to official 200tr.scft .].The world largest bitumen deposit in Ondo State , probably lead and zinc in the north according to one mining experts were found in Nigeria .South Africa controls world gold reserves , diamond and next to Russia in platinum and a world leader in palladium .Every state in Africa is endowed with one resource or the other . Africa controls more than 30 percent of world gold reserves The gulf of guinea is one of the richest and leading hydrocarbon regions of the world
Unfortunately this good development had become a gory tales and in some African countries natural resources have become a curse and not a blessing . From the blood diamond fields of Sierra Leone to the democratic rep. of Congo warring fields where a group of countries are at loggerheads and fighting over solid minerals down to the Angolan terrorist enclave , natural capital have been a source of imprecation and social upheaval .Let’s take look at this known statistics in an historical reminder ;
n 20 percent of Africans are under condition of conflicts
n From the mid-90s upward beginning from Rwandan genocide more than a dozen countries were sucked into armed conflict and crisis perpetuated in the battle to control natural capital .The great lakes region together with Sudan captured international attention and they constitute a massive region quite as large as western Europe .
n Sudan has been mired in conflict all but 10 years since independence in 1956. while African first world war is going in the Congo dr. where 6 countries battle it out over solid minerals .
n The effect is poor capacity building and average per capital income is lower than in 1960s
n Nearly 50percent of SSA region citizens live below poverty line , the figure is 90 should we use poverty profile . etc.
n Border disputes abound and challenges of divisive pluralism as noted by Emeka Anyaoku in the piece ‘South Africa and the challenge of divisive pluralism ’is becoming clearer and direr as burden of development increases which can only resolved by grass root empowerment .

The only condition for sustainable growth and development is peace and social stability which will also create a platform for good trade and the ability to cover her trade gap and development gap with the rest of the world .
Averting cultural Brain drain :A bigger scourge
As a result of this horror tales cultural brain drain also became the natural consequence
Of this traditional brain drain. IF we fail to revive and value our culture as the last asset for black man renaissance , we have nothing to gain in the near future .Although this drain is not peculiar to AFRICA but SHE IS THE most affected .For instance , half of world 6 ,000 languages are expected to go extinct in this millennium .Though skeptics may not believe but close to 10 languages or 9 are already extinct in Nigeria out of bout 526 local dialects .Similar gory tales loom large across the region .
By this time we need to realize that Malaria alone that kills a child in Africa every 30 seconds is not just taking more than 1% off African GDP together with other epidemics like tuberculosis sexually transmitted diseases, especially HIV/AIDS ,cancer of all types etc [that could be slicing between 10-20 % of potential growth ] but the slow nature of development and the existing unsustainability of previous development gave us utmost concern and a credible evidence of the long and tortuous road to development .The concern is: Should Africa fail to innovate as noted by Philip Emeagwali it will definitely perish .We noted that the traditional brain drain was long caused by cultural brain drain noted in the complacency of earlier civilization which can only be corrected by innovation to save the theft image that the word ‘dark age ’had bestowed on the continent especially in the post-colonial age.
………
.
General effect and International trade
It can be contended due to low capacity building , widespread economic , political crisis and large trade gap the continent is the most marginalized continent in the world .Blooms and Sachs [1988 ] noted that between 1980 –1996 it was the only continent to experience absolute trade decline whereas the volume of goods and services have grown over the years in other competing territories but in Africa has grown below the GDP .Between 1980—90 its share of world exports stood at 3percent but declined to 1.95 percent in the period between 1991—2001 .During similar period that of Asia grew from 11 percent to 18 percent in the latter period . The concentration on natural raw material commodities encouraged the decline .Dollar and kray [2001] also provided evidence that a group of developing countries that opened up their economy recorded astronomical growth . Uncompetitive economies like Africa would always stay behind due to loss of market share , unguarded trade liberalization , tariff barrier , marginalization from world markets with annual loses of more than 70billion dollars , lack of industrial goods and poor terms of trade or bad trade policies , protectionist policies , higher capital flight crisis .
To enumerate a bit , industrial goods are seriously lacking grossly from exports .The shares of manufactures in her exports since 1995 varied between 32-36 %. Whereas in south Asia the ratio stood at 78—79 % and for east Asia and the Pacific hovered around 78—83 percent with manufacturing accounting for one third of export .High transportation cost mainly affecting location of industrial activity and freight rates .Rodrik [99] commenting on the marginalization factor he observed unfavorable terms of trade , trade restriction practice of the trade policies , The GATT Uruguay Round of trade negotiation concluded in 1995 introduced new changes that led to WTO establishment .
The internal causes such as trade and exchange rate policies ; primary driven products haunted by price indetermination ; and uncompetitive nature of production. There is too much capital outflows .Collier , 1997 ]9. and Ajayi [ 1996 ]/[1997] argued a higher proportion of Africa’s wealth were stashed outside the continent in the form of capital flight and she integrated into global economy in a negative sense. They contended that capital flight varies between 24 to 134 % of GNP .This is also consistent with ECA study of 30 countries in the period of 1970—96 amounted to about 187 billion dollars .Infact it exceeds 200 percent for a group of eight countries in the ratio of capital stock to the GDP with weighted average of 172 percent for the group of Countries such as ANGOLA , Cameroon , Cote d ‘ivoire Congo [democratic] and Nigeria .In the last twelve years NIGERIA ALONE earned between 400—500billion dollars and every year 60 percent of this passive oil wealth were carted into western metropolis .Uneven flow of FDI is another challenge facing Africa over the last twenty years which ended at 2002 compared to the rest of the world .

FOREIGN DIRECT INVESTMENT---[ FDI] -INLOW
AFRICA----------------------------------THE REST OF THE WORLD
Share % ? Share %
1991—96-----$4.6b./1.8%---------------------------------$254.3b.
2000--------- 0.6 %-----------------------------------------$1.4trillion .
2002----------- $11b.----------------------------------------$651.2b.


------For the decade 1970s—80s , it reduced to half in Africa compared to the rest of the world
-----In 1980s the global FDI Stock as percentage of GDP was 5.3 percent as opposed Asia ‘s share of 28.1 percent and Latin America and Caribbean share of 8.1 percent by 2000 .And thereafter declined .
-------
-----Therefore she failed woefully to tap the economic incentives provided by FDIs mainly bridging savings gap and the ability to transfer technology






With the benefits of globalization gone to the advanced countries the world has become more unequal over the last 200 years and despite being the most endowed continent is still the poorest [together with middle east ] region in the world controlling less than 1 percent of world trade .In the paper delivered at the 7th Ojetunji Aboyade memorial lecture professor AJayi observed that open trade regime though useful will not propel a country on its path to sustained growth .Those nations that have grown faster are those that invested a high share of GDP and maintained macroeconomic stability .The anchor or the main determinant for Africa ’s growth prospects he noted must be appropriate policy measures , human capital , institutions and infrastructure .Perhaps if noted emigrants could one day return .But this is hardly possible and may not happen in their lifetime due to recklessness of local leaders .
MANAGING CHANGE IN A VOLATILE ENVIRONMENT-
Still yet to wade into the threshold of the much vaunted  melodramatic changes required not only in tandem with our relationship with the environment but also to a larger extent reconsidering our policy choices ,ideological differences , our prorities and the services that bankroll them way back  since the voyage of  human civilisation begun .The same prejudiced self immolating kind inherent in the massacre of 6 million German jews during the second world war and the brutality of the souls with which they were executed by its hang over on human mores has not yet abated .Retroactively those policy choices and similar patterns  such as SAP  or the so called Washington Consensus-a reincarnation of the long forgoten generation of the Mercentalist era of Thomas Mun, still largely exist even in those nations that hardly deserve them .Poorer they become and still poorer they believe they shall die and upon this hellbent they are swallowed by the fortitude of hell ,  seeeking the eternal dunghill and eager beaver to preserve  their self imposed  male



diction of the subservient region .Their stardom is  largely dependent on this imprecation .
The prejudice has not yet abated especially  with the weaponisation of diseases of mordern age such as HIV-AIDS ,constantly advocating their superiority of Aryannism and a host of numerous bickering policies fueling this divisive propensities of the globe  that have enslaved the destiny of mankind like never before. This fury by a terrifying proportion  had not in any way  abated but had only changed its dimensions and masqueraded its political depth stealthily in proximity to the laxity  of psychological abrasion  to shape the texture of our thinking,  understanding the fallibility  of human nature and to take havoc unleash to the next level .Our collective mass seemed to have been altered by vulgar indignities unleashed on the so called rejects of the world as coined by great powers .
How are we to define the word''Superior race''and ''primitive race'' and what notions do the imperialists entertain and the rashness of the rationalism that turpedoed such unwholy  instinct to subdue virgin lands  and which submerges the alien customs and regard its cultural values as sickos of a dumbel -a primitive brand and still yet fail to realise their unrivalled contribution to world civilisation .
It doesnt need  a soothsayer to tell or salve for the blind to distinguish  the superior race and the sparkling differences of those who  lay the foundation of human civilisation.How so powerful are those who build the house but much more powerful are those who lay its foundation .As ejoined by the Holy book ''if the foundation is bad ,what can the righteous do''To be candid , the rootstock of world civilisation crisis is Hate crime a passionate syndrome of superiorrity exhibited by the superior builders against the pioneers of arts and culture .It the apogee of all thresholds and this threshold ,we must cross for a lasting shallom in Jerusalem .If we fail to cross this rubicon-this great threshold of racial acrimony and a baste of brisky transteritorial animosity,we are galled by and stuck by our enduring influence over time and space and incapable to build a formidable house strictly haunted by such bigotry -a lathe of hallucination that fails to recognise the original builders of the house made to  pine away in the desert of no oars .  Certainly ,with the growing risk of racial discord and the trojan horse of hate crime prowling the globe and the loggerheads of the two camps , human civilisation is at the risk of great collapse unless a new structure devoid of capitalism and capitalist greed is erected ,this great collapse is more real than we can think of .MARK MY WORD-it could be the exit of western civilisation.
Mending fences therefore require an everlasting bridges to be built towards  ending the cacophony of racial greed and distrust of territorial agreession  and is advisable for leadership and imperial rough edges to meet and expunge these differences that barricaded the hapless regions  for a new dawn.We are in the ministry of purpose and all humanity lived for the purpose of what they believed .Unfortunately , the vision of my head defeats this claim and the alarm that lingers until the great western civilisation crumbles like pack of cards .Hate crime is the bane and the sordid bane of the great civilisation-its very frankeinstein's.Isee and proclaim-the end is near and requires no remorse;for it is too late and for every misdeed ,there is verdict.
With this possible crash where and when will the new structure evolve ?Will this take us another ten thousand years to build another great civilisation as mankind in general ,considering the tasky voyages waded in the earlier effort by mankind?Certainly so and certainly not depending on the prism of theoretical permutations being infered .Of course human verdict extremely differs but certainly it cannot be disputed hate crime -an upsurge of racial distrust  is at the root of western economic crisis -a resolve that might make the golden age civilisation transition possible .
Why do we have to fail to recognise the giant contribution of those so called primitive races and their impact on  world civilisation and every relics of histo-cedence that apprises this informed evidence has been persistently lampooned as mendacious by western anthropologists ,ethnologists and paleoanthropologists of European and AngloAmerican extraction. They have extracted so much from this rejects of history to build their homes  and mordern civilisation only for them to be discarded and to claim they are  those that fit to die and that death they shall die for a mightier human species to rise from their race long after their exit   .
Recompense or retribution is an epistemological and eschatological imperatives of human and natural mores ;for which the end is not known until the bridges are crossed and they are abound to be confronted by similar treatment by the new great powers from Asia.It is a  fact of life and accomplished fact indeed -a recyclical renewal at every twist and turn of mortal antecedence .The golden rule invariably applies and the law of karma never changes.They are bound to be treated by the new powers the same way  and in attempt to revenge or react could lead to  3rd world war  either related to hate crime or the greed to take the market of these developing  countries -probably the last battleground of mordern wars .

Upon the asssumption of new cultural powers , a new epoch of cultural development would soon emerge .It is practically impossible to envisage a reocurrence of the similar checkered antecedence of camaraderie  experimented between the British and the American inspite the isolationism of 2nd world war both Anglo Saxon to be repeated with the new powers -a totally different tongues with diverse religion,languages ,tradition and customs  The Spanish can tell what the French did at their backyard to spite its continental prestige  upon asumption of power ;the French can tell also what the British did  to ridicule its stardom especially the Napoleonic  dynasty  after the Battle of Waterloo and the Congress of Vienna-1815 and the succour of the allied forces during the 2nd second world war .All can tell the greater evils of the fall of great powers and the shame that can follow .It is clear that such rapport may never occur with behemoth China and the impending calamity looming in the clash with new world civilisations is crystal clear .

CHAPTER  -14-- FINANCIAL CRISIS MANAGEMENT IN THIRD WORLD COUNTRIES
In this volatile modern times as it were in the ancient, money in whatever forms is a highly precarious commodity instrument to manage. The basic purpose of money including its extant features hasn’t change abit for all ages .Western capitalism being its pioneer  hasn’t been able to quantify the true form of money especially in its omnifarious forms beyond the cumulative appraisal of conventional money and its fiduciary issues .Hence western economists and market pundits still for ages hasn’t been weaned from the  stellar performances of capitalistic prescholarship so to say.And until true form of money in all its dimensions and forms has been unearthed and the inflationary impulses they wield,there is bound to be no end to financial  crisis in the global economy.To avert this loomimg threat,this requires understanding of the true nature of money and all its dimensions and by so doing ,economists and policy makers would be able to grapple with the challenges of mass poverty and inequality of wealth in modern society.
                                                  The Nature Of Money
Money is fundamental  to the exchange of goods and services in modern society and object of virtue and  value and curse everywhere both to accumulate wealth and poverty .Money itself by value hardly depreciates but the exchange of money perpetrated by market forces too  foreign  to it , does change automatically  but imperfectly to reflect this changing value . When money by value declines ,  it is the exchange that declines by value of its flow that is affected .The consequence is that faith-a metaphysical fiduciary  powers  reposed in paper money also declines .It is this faith in paper  money being the original intrinsic and extrinsic value which could be affected by the flow and exchange spiral, leading to inflation and economic crisis . To curb this spiral and contagion affecting the metaphysique of money  and to stabilize the value of money and make inflation positive –the only phenomenon of economic growth , the liberalization of exchange of money , to perfect  SONACA is the only antidote ,  the commodity value can then spread wealth to every consumer in an economy irrespective of economic status . Consumer spending would hardly decline as long as exchange stability[stable money supply ]  is maintained and sustained .Growth in consumer spending would accelerate investment , boost savings in the long run automatically tackle recession and maintain the economic boom until an economy is willing to apply techno-cession  .To understand the stability of the word ‘money ’,we must understand change cycles and its implication on other vital economic cycles and how they reflect on monetary value .
When money changes hands , it is the value that is exchanged .Exchange keeps swinging periodically affecting the monetary value even though this value is stable .How do we preserve the value and spread the value and let it bear on the exchange ? This we already resolved above .The commodity value of money which is gloriously tied to the apron string of human faith is ordinarily stable and a source of real wealth of commodity money that has not been tapped .But the circulation value of money called money supply which abets inflation influenced by unstable exchange often have an unbearing influence on the general value of money and the economy controlled by credit arbitragers .So . in real terms , the commodity value of money hardly or does not  change hands to contribute real value . When this happens , the word money adopts a different and repugnant  nature discouraging real wealth creation , real economic growth in place of nominal wealth and nominal growth that can only be possible if commodity value is restricted in the dunghill.
If encouraged , this boosts the transparent flows of disposable credit money  in a robust credit economy for the  purpose of universal welfare  .
                              Basic Micro financial functions and economic exchange
The essence of microfinance ,not just the exchange of goods and services but basically to redistribute wealth and circulate the commodity value of money through disposable credit income to every needy economic agents .
Basic economy of exchange is sustained by extensive  credit  arrangements albeit haunted by structural and institutional  inadequacy .In determining the value and volume of money exchanges  , the annual credit income per family and annual credit income per capital both determine the quality of annual per capital national income per annum .What is the size of  this disposable national credit income on a sustainable basis that can back up with each man ‘s naira or dollar of gross and net national income ? What is the turnover rate of each naira or dollar of disposable credit income annually ? Is it 5o times or 100 times turnover rate per year  ? It is this ratio upward quality trajectory devoid of distress market and tight credit cycle can ensure sustainability of desired economic growth on the SONACA  Para-macroeconomic indicator  .This is  made possible by channeling savings  into redistributionist investment though not all is invested which is vital to grow standard of living .
                                   Changing Pattern of Investment
In modern society ,we admitted  those who promote creation of wealth do not promote real wealth but rather nominal wealth back up by nominal GDP growth in contrast to redistribution of wealth and circulation of commodity value of money .Real wealth has  been discouraged with possible consequences of boom and burst cycles .Without  real wealth , marginal savings can also take place but not real savings to promote universal wealth based on heavily restricted business opportunities. Promoters of investments  have been able to dip their hands into these savings not owned by them to promote concentration of wealth while original owners of wealth languished in poverty  .
There is constant flow of savings but the exchanges are not vastly different and adequately efficient  in the circulation of commodity value  ranging financial and microfinancial instruments to communicate values to agents .  Consequently , a non-redistributionist society does not parade a uniform credit cycle or egalitarian cycle of credit arbitration in credit assets or credit  evenly contracted and expanded its efficient use  to over every potential needy project .LIBERALISATION OF THE ACESS TO CHEAP CREDIT is a fundamental challenge to redistributionist oriented society than the former in which circular flow of credit and credit money or income is evenly endorsed to  promote capital development .This is a fundamental basis of free market economy .No free market exists without a robust  national credit trade .
A free market economy until now hardly exists a farce an illusion and impossible without a robust credit trade or credit economy with extensive patronage of  financial sovereign intermediation .More than 200 years after Adam Smith free market is yet to exist .This is a shame to western scholars and the pattern of investment must be determined by the nature of this free market economy .Forget about western neoliberalism .The first free market economy model is the neomarxist free market which is represented by everyone an only be endorsed in redistributionist society than a non-redistributionist oriented society that discourage ordinarily even circular flows of funds among its citizens with incentives pummeled by arbitraging bias .This is the very first reflection of free market in mortal history and the 1^st generation of seven free market macro economic models evolved by market redistributionism as we endeavor to exit modern age civilization to golden age civilization under Potage Golden philosophical templates .
 Mobilization of Savings and Multiplier effect .
Loan able funds arise from disposable[net ]  savings [money not needed by savers over a period of times ] excluding gross savings are channeled to safe investment when mobilized by third party .The facility usually regarded as credit has not been well utilized for a long time as an instrument of wealth creation .What is the proportion of  net national disposable savings to back up meaningful  investment per annum in an economy ? The use of disposability is termed as gross credit oriented to promote credit income by the borrowers after a satisfactory repayment .What is the proportion of  credit  income  required whether loans are rolled over or not  to promote  a befitting  standard  of living  for the borrowers  ? If sustainable after repayment , how can credit and credit income be value added enough to continually run a marginal project without recurring recourse to loans on a periodical basis ? It is pertinent to observe as we know  usually  that  a repeated credit purchases is necessary to improved  business performance .Guiding against credit risk even for tested borrowers is a great challenge to microfinancial institutions .
Most importantly , the volumes and value of microfinancial instruments to gulp the existing cumulative savings are a meager lot if not a rarity,  do not exist in the financial systems world wide .The cost of mobilization of savings  is too cumbersome  and the use of savings does not really  have value and very costly in every sector of the economy .In real sense , in modern societies , channels for their effective usage do not exist . channeling  savings and net national savings to where they are most needed at the right time , at the right place , at the mass and at the right price with the least  cost  and satisfactory convenience to necessarily equate the targeted desired level of growth projected  in an economy.
Micro financial  Management in the free market society
The movement of capital credit  and credit income through various grass root acts of exchanging goods and services profiting largely from disposable savings ,with the sole aim of grass root empowerment   and SMEs capacity building funds deployment for optimum informal sector performance can be regarded as Micro financial management .Though can be noted as  a branch of financial management having secured a foothold on its own given some appreciable disciplinary evolution over the last 30 or 40 years is finally charting  its own course with vital autonomy to enable it add more economic value to general economy.
Actually , microfinance is the origin of finance to say the fact ,  in the much same way in which  we enthuse that micro credit  is the origin  of the modern  credit. Likewise , we need observe that informal sector is the projector , the insulator  and cradle of  the formal sector but as human economy grew complicated , the harbinger was left behind and modern man regarded it as too naïve and  a fugitive even in its backyard; and by conniving with  its siblings betrayed its legacy  , this they did  in the much same way as they have regarded freedom a fugitive in our world today . Informal sector was left to rot and die if indeed it can rot and die .The reclassification in the modern times is sequel to change and growth in the finance technology of the age bringing it under the shadow of a new world of civilization .
Microfinance , if fully perfected academically , technically and practically is far more effective , advanced and broader than mainstream finance and should not be grouped under it in any way  whatsoever even though micro[grassroot/unbankable  finance ] is n’t much different from the word ‘finance’ but not  with the same level of expertise especially in developing countries with large informal sector economies .  The larger spectrum of world society  does not have access to it which indicates the study of finance theoretically and practically is still evolving and can only be matured  until microfinance  by usage and spread  has found its final footing  and bearing in the field of credit trade which must be discovered  and thus world economy can now be rebranded and reclassified to have grown from the level of western primitive finance and jungle finance textbook and moribund nature of microfinance into the broadest field of macro finance , thereby giving birth to macro financial system from the present wobbling and fumbling inhuman structure of financial system that Robert Kiyosaki popularly regarded as a large ponzi scheme scattered all over the world to the system  in which every one is represented .This inadequacy we may not know it and  ignore it , is the fundamental basis of world economic crisis .
Potage Golden templates  and its diverse types of macroeconomic and free market economy ’s models is to guide  in the transition from the present stage of  neoliberal age to the final stage (in which macro financial system is fully matured –that is to serve all) .Microfinance though gained renaissance in 1960-70s which originated finance but was denied glory and social status by existing social forces and betrayed by its own seed  through the noted arbitraging  , crumpling its integrity and dignity sunk  for millennia before the rediscovery by Muhammad Yunus , Grameen Bank and Accion in Latin America among others in the new waves of finance technology sweeping the globe. Unfortunately the credit trade arbitragers dominating world financial system were contented to award only face saving Nobel prize to a world hero  compared to Nobel price for economics despite the fact he had more even more than or could be rated in the same category like Adam Smith or Keynes .I really don t know why he had failed  to receive such attention . Being the father of unexplored microfinance macroeconomics ,  he is far more better than these fellows because his policy or technology  touches close  to 80 percent of world population if well exploited .Now that he had been unfairly removed from his position at Grameen did not speak well of the way an hero should be treated .Is that how to make relevant someone who had contributed to world peace than all of western finance and economic professors put together   ? To be candid , it is the greatest discovery in the field of finance and economics and the luminaries deserved noble prize for economics not once but even twice .The rebirth markedly opened a new chapter in finance and economics revolutions and a new dawn bringing finally to an end the lifelong denial by the mutineers  to save world economy from landmines that economic vampires had supplanted and unleashed on its well being for the entire stretch of human history  .
The way in which microfinance is being managed has a great strategic impact and redefining powers  to revamp the characters of our socio-economic system  and a revolutionary to affect its optimum performance in a way to transfer wealth through the disciplines of the market to the marginalized segment of humanity .This  aims at maximizing  the quality and quantity of economic freedom over all , restructuring where possible for the purpose of universal welfare .We shall have to evaluate existing customs and tradition out there from the study of financial institutions to the reflection of the new role and new development and set corporate governance rules for the budding micro financial institutions among us or new ones as is possible and practicable in real  world .
The  Study of Microfinance And Changing Technology Of Finance .
Therefore like finance and economics , Microfinance , micro financial management and micro financial economics and its ilk’s must be studied in virtually every tertiary institution of the world or relevant studies of finance modified so as to promote and broadens technical and professional expertise in the field .This is vital for a field that has more to offer  in real world ,has great potential in spreading real growth ,real wealth and real standard of living among citizenry of  the marginalized societies .We shall have to inquire more and improve ways in which all this dithering models  can impact heavily  on fundamental human rights  and individual empowerment enterprise lagging behind in mainstream finance markets  .

                            Managing   Financial  Crisis  And Historical Review

Financial crisis with the emergence of modern age is invariably interwoven with the fabric and fate of modern society especially by way of financial contagion as it varies markedly from clime to clime .Recessions ,depressions and meltdowns are mere tags and bizarre nomenclatures as variegated portraiture of the business cycle being widely used to classify the gravity of financial crisis at a particular period .They are used to define the precarious climates in which economies might find themselves in the turbulence cycle of free market or other ways round .
In this elaborate piece let us first define the term ‘’Financial Crisis’’ prior to its intricate analysis which is necessary if we are to address ,prevent and if possible prohibit the reoccurrence of the financial crisis and its precarious impact  often  unbearable especially in the  developing countries .
The term ‘’financial crisis ‘’ extremely differs by usage and definition across the world based on the level of each country’s exposure though varied and multidimensional by impact.Altman-1997] describes it as the simultaneous crash of related financial institutions brought down by the action and inaction of investors including its speculators and depositors probably stricken under duress in an attempt to liquidate their assets or offload their savings into safer assets .Another study captured the intensity and broadness as it applied to diverse climate confronted by crisis in which some financial institutions lose a larger chunk of their assets .For instance ,according to Aliber -2005] banking panics were responsible  for the crash and many financial crisis of the 19^th and 20^th century and these panics also coincided with the recessions of the period .Financial crisis also includes stock market crash and financial bubble bursts ,currency crisis ,sovereign defaults –Valencia-2008].
Cases of financial crisis abound worldwide ,over the last few centuries at least eight centuries have occupied the attention of nations in the international community as they grew so despondent and desperate for faster solution to prevent future reoccurrence .The fate of modern society hangs in the balance and crises have persisted as it were from the ancient.This speaks volume of the fundamental weakness of modern civilization.
Wikipedia refers financial crisis to ‘’a broadly applied variety of situations in some financial institutions that suddenly loose a large part of their assets or some financial assets lose a larger chunk of their nominal value .It also admits that in the 19^th and 20^th centuries ,banking panics were associated with diverse financial panics and almost all panics coincided with recessions .Stockmarket crashes ,financial bubble bursts, sovereign defaults and currency crisis are similar types associated with such crisis .It directly occurs as a result of loss of paper wealth value but not necessarily impact negatively yet on  the real economy.As crisis persists and defy all solution , the fundamental fabric of mordern civilization is similarly threatened .
It also refers to a situation in which the supply of money is outpaced by the demand for money .This now indicates liquidity evaporation orchestrated by mass withdrawals of Banks ‘ available money as they sell other short term investments to raise cash to bridge the shortfall and avoid impending crash.It is a situation in which assets value  drops so easily and rapidly and also includes the erosion of the value of financial institutions. It is caused by bank runs and bank panics in which investors sell off assets or withdraw money from savings account as they envisage future drop in the value of these assets .should they remain at that particular period , in such ailing institutions panics or runs can be caused as a result of assets being overvalued or directly caused by investor vulnerable behavior .Lower asset prices can be caused by a rapid string of sell off   including more savings withdrawals.If prolonged and unchecked ,economy can dovetails into a recession  and even a depression .Lack of necessary liquidity in financial institutions can be attributed to economic recession or depression .Financial crisis may be
caused by natural disasters ,negative news among unknown causes .It causes a decrease in economic activities and can easily also reinforced itself .It refers to acclimate in which a large financial institutions lose a large  part of its value  or some institutions through financial contagion .Financial crisis is different from economic crisis which affects the entire economy .Its rampant occurrence in modern society tends to affect specific sectors of the economy .It can hit a single sector and not necessarily multiple sectors .


There is no doubt that if  financial crisis persists ,it leads to economic crisis .The global financial crisis of 2008 was caused by irresponsible debtors and if trends continue ,it can perpetrate something worse than a depression .Before getting down to the brass tacks to unleash financial crisis voluminous historical exposition ,let us first observe business cycle and then types of financial crisis.For instance ,since 1870,real gross national products –GNP in the United States grew by an average of two percent per annum though it has not been smooth neither steady nor stable.These alternating period of slump ,rise and fall,recovery and succession of ups and downs movement is often regarded as Business cycle .Ordinarily ,it is expected as this influences recessions and depressions and minor economic slumps and crisis.
Business cycles have much in common ,they also vary and complex in size and depth ,have never being identical let alone precise and regular and also vary in duration and pattern of occurrence .Economists try as much as possible to forecast the movement and twists and turns of the economy .In most cases even when velocity is noted disputations often occur about its pace,longevity,level of stability and steadiness.
Ordinarily ,as the periodical ups and downs of economic activity market forces rational or irrational immensely contributed to the configuration  and reconfiguration of the  nature of business cycle at a time utilising the structural imbalance between aggregate supply and aggregate demand curves .The interaction between these curves tend  to move economy forward or backward.
In this context ,business cycle passes through four stages and subsidiary cycles .This ranges from trough to expansion, peak and then contraction.Trough indicates a low part of the business cycle and may be called a recession,for a short term drop or for at least two or three consecutive quarters or can be termed as depression for a longer period ,very deep in decline like the great depression of 1930s .In this scenario business activity often drops ,characterized by closure of factories ,production and workforce reduction including productivity decline and high unemployment .The situation is also characterized by drops in aggregate demand due to contraction on aggregate consumer spending.Consequently the stagnation of consumer demand lowers prices to attract unwilling customers and stimulates inventories’reduction .Other features such as poor profits ,low investment ,undercapitalization and gross underinvestments cannot be easily detached from this stage .
As soon as economy cools off ,it enters into the second phase –expansion .It start slowly with its silver linings as merchants who once sold off excess inventories during recession will now restart reordering ,reinvestments and gradually  restocking their shelves   . New investment access,  profiting from the launching of  government programs to stimulate spending automatically boosts the economy .The return of animal spirits in a conducive environment can boost the dire need to borrow repayable in anticipation of future profits fuels aggregate demand in the long run.This upside is attributed to output expansion ,income growth ,and increase in business investment and  high employment.The growth in aggregate  demand  in the long run  is responsible for bigger drops in high unemployment .Cheap funds mobilises investment at a relatively low cost  .The scenario drives up  consumer prices faster and creep up wages even faster.
Peak is the final expansion and the limit of expansion which is characterized by scarcity of some factors of production further growth cannot continue when full employment of available resources had been reached.The peak cannot go on forever like the trough.Challenges abound such as the corporate high costs of labour and raw materials .Consequently ,the rate of aggregate demand begins to slow down by tight labour cost and equally slowing down the rate of finance.Car sales and housing prices also drop giving smart investors the capability to read the danger signals.
Contraction is the result and opposite of the peak period .At this stage ,characterized by excess inventories ,slumping sales ,investment automatically slumps ,the  same for production as aggregate supply exceeds aggregate demand .As the flipside of expansion phase , optimism vamoosed at the end of contraction period .These stages are perennially recycled.
We agree that business cycle swings  is the origin of financial crisis including the unpredictability and the unworkability of market forces that aggravated this position so that it will be very hard to predict the unforeseeable years ahead .Our earlier assertion noted that it is because  market forces are not rational .There had been assumption that the hurricane-like and tornado-like natural phenomenon was exerted  as a reflection nature’s cause even though it may not comprehended by mankind struggling to survive and simply can do nothing about it.For instance , in the United States  ,business cycle recorded runaway boom and bursts from 1815,1837,1893,1907 and then 1929.She experienced financial panics in an  alternating periods of prosperity  .It is also believed that as an integral part of capitalist enclaves ,no one could out law business cycle .Even the extreme fluctuation that western economists though are controllable have  never ceased to spin out of control especially with the emergence of meltdown only indicates the fundamentally nature of free market still requires surgical operation eco-psychiatric rehabilitation not as it were over the previous centuries.Otherwise it ought to be suspended by or for  marsolism-a better panacea and can indeed be even  by the acrimonious troughs of nature ushering in new trend line.
Since world War 11 the American economy has not experienced a depression of the likes of 1930,apart from its common recessions as recorded in 1949 , 1954, 1958,1961 ,1970,1975,1982,1990-92,and the 1999-2000 dot com burst menace. Though it was claimed that economists who monitored business cycle movement have not been able to do proper curtail and meltdown was a living evidence .As long as recession keeps turning up ,marsolism believes  the frequencies and the  unpremeditated frequencies of the meltdowns and possible depressions cannot be detached from the unpredictability of business cycles for development or cultural cycle that can acts as neuter to this sole economic is still yet to be theorized and moreso,knowledge cycle as ultimate panacea has not not been theorized either  .Any avoidance of this common perils cannot be possible without the adoption of marsolism in a fast changing new world order .
              

   EXTERNAL AND INTERNAL CAUSES OF BUSINESS CYCLE
According to different schools of thoughts the causes of the business cycle have been linked to both internal or external factor-forces beyond the control of the economy. Such as crisis, wars, weather ,foreign trade conflicts , immigration rate and threat, population time bomb, new growth resources ,technological innovations have been linked to these causes .Therefore these external theorists or theories imply that it cannot be controlled or predictable.
The opposing school of thoughts places much emphasis on the external causes such as flow of money theory ,total spending theory and wage rate theory and a host of psychological factors .Either causes of the opposing internal or external have contravened and linked to inequalities of wealth .But does wage ,total spending, and flow of money theory ever really matter? We critiqued data sources and unveil reason .How tenable are they with the benefit of history and the maturity of the millennia?


                                                      TYPES OF FINANCIAL CRISIS
Financial  crisis offers its manifold and  popular types of banking crisis tend to occur when the system is overheated .We shed light on evolution  of bank crisis ,
Bank run occurs in a fractional reserve banking system .This entails simultaneous withdrawal of their deposits by a large number of bank clients either by cash demand or funds transfer into government bonds .Consequently , this precipitates a run on the Bank .They can also put money in a safer investment ,a safer institution or precious metals etc
It progresses if not curbed and even far more dangerous ,building its momentum as number of clients withdraw their deposits and potentially default. A bank runs out of cash ,insolvency rears its ugly head as institution reaches for the exit door .Examples of Bank runs such as the United States Bank runs in 1931 and the embarrassing episodes of Northern Rock that happened in 2007 .
In case of Bank panic ,it happens when several Banks experienced Bank runs at the same time As banks experience run and panics , clients withdraw deposits and convert them into cash to escape and this worsens the situation.If prolonged it can lead to systemic banking crisis .Systemic banking crisis indicates that the entire system is technically affected and virtually all banking capital is wiped out .The consequences of bankruptcies can lead to economic recessions as domestic businesses starved of capital and banking system shuts down .If prolonged , depression or greater depression results and the total crash of an economy .
So Banking crisis as a type of financial crisis builds from bank runs into bank panics otherwise known as mass bank runs  and then  through financial contagion leads to systemic distress .Inspite of the struggle to revamp the quality and quantity of Banking regulation in modern times by policy makers and central bankers ,this form of financial crisis has not yet abated especially in this volatile  21s century .
                                                     BUBBLE BURSTS
Another form of  financial crisis is the bubble bursts popularly known as speculative bubble.A major contributory factor to this phenomenon is the presence of market buyers who purchase assets  in hope of an expectation to sell at a higher rate .This is often preferred instead of future income computation  and the amount it can generate during the envisaged  period  .Of course for every bubble there is a possibility of a crash in assets prices .They can buy as many  as they desire but when the sell the market will fall .It s almost pretty difficult to predict the bubble burst outcome the quality of asset prices and its fundamental value .
Speculative bubble burst samples abound worldwide involving bubbles and crashes in the stock market and asset prices crash .For instance Reihart and Rogoff trace inflation to the  Dionysius of Syracuse  of the 4^th century BCE which begin the eight centuries  in 1258 in addition to the debasement of currency which also occurred under watch of Roman Empire and the remains –the Byzanthine empire .They trace it down to earliest crises onto the 1340 default study  of the Bank of England-an indication of her setbacks with France in the hundre years war.Infact the defaults lasted seven defaults and this was by imperial  Spain including four under Philip 11 and three under his successors. –
The voluminous trends unmasked the imperfection of free market .Others include -14th century Banking Crisis-the crash of Peruzzi and the Bardi family of  Compagnia dei Bardi in 1345, Dutch Tulib bulb  crisis in 1630s ,the 18^th century crisis such as South Sea Bubble -1720-U.K.,Mississippi Company-1720-France,Crisis Of Amsterdam ,begun  by the crash of Leenderert Pieter de Neufville which spread to Germany and Scandinavia ,Crisis Of 1772 was begun by the crash of Bankers  Neal ,James ,Fordce and Down ,Panic of 1785 and  1792 in United States,,Panic Of  1796 -1797 in both U.K. and U.S.,Danish State Bankruptcy  of  1813,Post-Napoleonic depression –Post 1815 Panic of 1819-Bank failures precipitated by U.S.recessions and led to first boom to burst economic cycle ,panic of 1825 in which almost banks failed including Bank of England a pervasive economic threat,Panic of 1837-another recession linked Bank failures succeeded by 5 year  depression ,Panic of 1847-unmasked the crash of financial markets in the U.K.which truncated the 1840s railway industry boom ,Panic of 1857-a recessionary Bank failures ,Panic of  1866 was a global financial downturn  which followed the failure of Overend,Gurney and Company  in London ,Long Depression-1873-1896,Panic of 1873-Bank failures linked also to recession in the U.S.seconded by 4 years depression ,Panic of 1890,Recessionary panic of 1893, Australian Banking crisis of 1893,Panic of 1896.
Now in the 20^th century others include ,the panic of 1901,another American recession was begun by the battle for financial control of Northern Pacific Railway ,Panic of 1907-the last recession prior to great depression ,German inflationary crisis of 1920s, Wall Street crash of 1929 and Great Depression of 1929-1945-the worst in modern history  ,the crash of Vienna Stock market on Black Friday , 9^th of May ,1972,1973 oil crisis,1973-74 stock market crash caused by oil crisis ,1973-75  Secondary Banking crisis ,Latin America debt  crisis  in 1980s beginning from Mexico in 1982-the Mexican weekend ,Bank Stock crisis-Israel-1983 ,the Japanese  Bubble burst of 1980s and the 90s,1987-Black Monday as the largest one day percentage decline in Stock market  history ,1989-91 U.S. Saving and Loans crisis,Scandinavian Banking crisis of early 90s involving Swedish and finish ,Early 90s recession,1992-93-Black Wednesday –a sort of speculative attacks on European Exchange rate Mechanism ‘s currencies,1994-95 Mexican crisis ,Asian 97-98 financial crisis led to Asian Banking crisis and the Russian financial crisis  .In the 21^st century,the Turkish 2001 economic crisis , 1999-2002 Argentine economic crisis  ,the 2000/2001recessions and  dotcom bubble and the  asset price bubble and late recessions-2000 which caused the real estate boom in America,energy crisis of 2000,the Indian property bubble of 2005,the British property bubble of 2006,Irish property bubble of 2006.housing bubble  , U.S.housing bubble of 2007,the former Florida Swampland  real estate bubble ,Spanish property bubble of 2006,China Stock and property bubble of 2008 ,Rhodium bubble of 2008, the   Uranium bubble  of 2007,   the 2008 Subprime mortgage crisis in the U.S.,Australian first home buyer property bubble of 2009 , 2007-2008-Global economic and financial crisis ,Icelandic financial crisis -2008-2011,2010 European  sovereign debt default crisis till date, Greek Government debt crisis of 2014,  Russian financial crisis and Chinese stock market  crash of 2015.
INTERNATIONAL CRISIS , SOVEREIGN  DEFAULTS AND CURRENCY CRISIS
International financial crisis includes currency crisis , sovereign defaults fall under this survey .While the currency crisis or balance of payment crisis as  regarded is a situation in which as a result of speculative attack on its currency a nation is forced to devalue its currency under the regulation of fixed exchange rate.But sovereign default implies that or can be regarded as a situation when a country fails to pay back its sovereign debts but i .These nomenclatures  are driven by the voluntary decisions of governments and not voluntary decisions of private investors .This means sovereign investors ‘sentimental change in decisions can result in capital inflows or suddenly fuels capital flight phenomenon .
In the period 1992 /1993 season ,several currencies  of the European foreign exchange rate mechanism .Consequently , were forced to  devalue or withdraw from it .The currency crisis in Asia in the 1997/98 financial crisis precipated by the devaluation of Thai Batch, the Russian financial crisis of 1998  and those in Latin America defaulted in early 80s was caused by Rubble devaluation etc .The financial crisis of the 19^th and 20^th centuries were in most cases associated with Banking panics and diverse recession also coincided with  the  panics .
But the crash of stock market ,financial bubble-burst ,sovereigh defaults and currency crises which directly result in loss of paper wealth which often does not results in real economy changes  are often regarded  as financial crisis.Many economists have questioned its sources and how it occurs and also development of theories and how it could be prevented .Still they share no consensus on methods of resolution –a major reason why they have persistently occur from time and time calling for  economists to unite .,,.
The currency literature explores these details for researchers, central bankers  and policy makers .
                                                 RECESSIONS AND DEPRESSIONS
In the exposition of the market ,we unmask here the nature of recessions and depressions as noted above  .As coined by Anna Schwartz and Milton Friedman –exponent of monetarism –they argued that the crash of 1929 was caused by first bank runs ,then Bank panics and later aggravated by systemic crisis .In the 20s America had 30 ,000 Banks at its peak  and by 1933 almost 13,000 banks had crashed  in that crime against humanity in the greatest depression in America .Therefore they believed it was caused by policy recklessness basically the monetary policy blunders of The Fed .Ben Benanke former Fed. Chairman under whom meltdown exploded also concurred in like manner that central Bankers were to be held responsible for this fiasco .
During financial crisis government can use its political power to prevent widespread contagion.For instance the Tesobono Swaps which were instrumental to the Tequila crisis in Mexico in 1994 was bailed out by the American presidency to avoid contagion .Unfortunately when Thailand defaulted on the Baht in 1997 and later devalued  its currency ,there was no such intervention since they hardly shared borders .
            CAUSES AND CONSEQUENCES OF FINANCIAL CRISIS
Rather than been regarded as causes,  sources such as Wikipedia among others are strategically contented to regard them as mere types and not causes .The main causes now include –leverage; Strategic complementarity and self fulfilling prophesies ;moral hazard ;Asset liability mismatch ;Herd behavior and uncertainty ; Over regulation, under regulation and regulatory failures ;Systemic risk and financial contagion; theories of financial crisis ; Games of self-coordination ;Herding models and learning models  .
But before expository perusal ,it is also expedient that  further market or creation of new market for diversification of risk spread or competitive risk spread can better handle these consequences and even avoid or reduce or where appropriate eradicate the causes .On a single day of August 21 , 1998 ,as a result of runaway or break away plain vanilla interest rate swaps  ,long term capital asset management LTCM –a large hedge funds an invention of   Nobel prize winning economists –futures and options inventors , crashed and lost over 500million dollars in a single trade .With that single collapse ,global apocalypse thus was begun which coincided with the 97/98 Asia financial crisis and in  Russia and Brazil.
During the period –Alfred Steinherr –high finance rocket scientist published her book and examined the derivatives markets .In 1998 she noted the sheer size of over the counter-OTC derivatives market in terms of contracts outstanding stood at 80 trillion dollars At the end of 1998 had become the most important market  prone to highly contagious and virulent crisis ever experienced in history .Widespread failure of policies and successive policy regimes had persisted and aggravated this climate .To be precise in 2007  OTC derivatives market  ballooned to 600trillion dollars .Even after the storms   including losses and unwinding  that still towered above 500trillion dollars .Yet it has no oversight
We shall examine the causes and consequences of financial crisis as noted below.

THE BANKING SYSTEM STABILITY ,DISTRESS  PREVENTION  AND THE ROLE OF MONETARY AUTHORITIES  IN DISTRESS PREVENTION
Financial panic ,financial distress  or banking  panic and banking distress is not new nor restricted   to Nigeria like elsewhere around the world .Truly speaking ,financial liberalization is a global development that has come to be associated in particular with the economies where banking crisis is prevalent .However , contrary  to ancient method of finance ,there is a widespread  belief that banks occupy the very pillar of universal economic development and the bedrock of  modern civilization .Strategically ,through their indispensable roles  of monetary inclined disposition  ,wealth and financial engineering technologies and techniques such as creator of money , allocation and mobilization of savings ,principal savings depository ,financial advisory role,credit management ,financial intermediation    and the managers of the nation’s payment and settlement system ,they ve been able to oil the wheels of modern commerce .In short , based on this operative architectural mode , it can be  also regarded as the general  financier  of the economy  and the lubricator of the financial system .
Nevertheless the  Banking system and the stability of banking and the effectiveness of Banking  in an economy is quite the same as the quality of Banking regulation in that same clime ;so that alteration or enhancement in the latter has a reverberative effect on the former .In this context the conduct and the practice of banking is subject to existing banking regulation in that clime and with the growth in the quality and quantity of banking services  experimented at a particular period. This remains the ultimate risk and boon  of banking regulation hinged upon the quality of adjustments ,disclosures ,  reforms and tardy change that can be mustered at a given period .
Consequently, this entails a robust policy and institutional  platform to support regulatory quality ,regulatory arbitration mobilisable  in the mechanization of appropriate policy making process ,policy planning ,policy consensus planning , visible policy making critique and rational policy analysis under control  of its regulatory authorities .It is a major leverage in the regulatory regime of the monetary authorities being altered as deem fit to ensure regulatory and institutional sanity, soundness, efficiency and safety of the macroeconomic or financial  system at large . In this regard ,the primary responsibility of the banking regulators is basically systemic distress prevention for the purpose of macroeconomic and price stability in an economy  .This is necessary  in an attempt to safeguard  against the hurdles of Bank panic ,Bank runs and Bank distress  that can trigger  total collapse of the nation’s banking industry and its credit payment system.
Therefore the prudent  management  of assets and liabilities and the ability  of BANKS to guarantee the safety of depositors funds ought to constitute the paramount objectives of the deposit money banks as they go about  the performance of  their banking activities and the statutory role of financial intermediation .As a vital public resource for the maintenance and sustenance  of Banking confidence, it must not be impugned, as regulators avoid regulatory arbitraging and ensure institutional  compliance with the stringent provision s guiding Banking activities. Or that Banks play by the rules .The maintenance of  this confidence –a scarce resource is  required for the health and wealth of the nation’s financial system. The moment the confidence crashes our financial system also automatically crashes .Banks ‘failure  and insolvencies worldwide based on historical review had been strategically linked to such confidence fiasco and with it the bedrock of the nation’s Banks .
Sometimes ,confidence impairment   can disrupt  efficient functioning  of the financial system  especially in a volatile highly underdeveloped financial market.Since Banks are the conduit and the catalysts through which monetary policies are communicated via  the transmission mechanism  onward to the broader economy ,macroeconomic instability and financial contagion can destabilize the entire system.Banks failure can impair the health of the system .Consequently the attainment  of price stability can become an elusive nightmare as the ultimate goal of bank regulators is defeated in an unpredictable financial system .
In the words of James Akpan Adams to quote verbatim’ ’the insolvency of a bank has far more reaching consequences on the economy than mere losses to the shareholders and creditors of the Bank .Bank  distress and failures  has serious adverse effects  on economic development .For instance ,  large scale Bank failures limit the ability of banks to create money ,jeopardized the payment mechanism and disrupt lending activities’’.
              UNDERSTANDING THE CONCEPT OF  DISTRESS ,CAUSES AND PREVENTION
Before we embark on the journey of discovery the root causes of Banking panic ,bank runs, and Bank distress it is expected and naturally  expedient in this candid section of the paper to define distress , causes identified and proffer measures for distress prevention .
In a normal parlance ,the  term  ‘distress ‘refers to an unhealthy or precarious situation .So to be precise a distressed institution is a vulnerable institution  caught in the midst of survival storm and unhealthy situation. This is an institution whose daily  practices and performance are not  in tandem or compatible with industry norms and established standards and so therefore lacks a good clean bill of health .Now let us apply this concept to the Banking industry our focal point of study and the exposition  and  review of available research literature .
                                                Banking Distress ,Causes And Prevention
Calomiris -1989 defines distress in the financial services as an unhealthy situation or weakness in the organisation’s condition that prevent it from achieving its set goals .Lenston et al -1986 concluded that the firms distress as a situation of complete or near total loss of shareholders funds .Ajasin -1993 differs and observes that it is a condition of cessation of autonomous operation and loss of continuance with the assistance of relevant monetary authorities such as NDIC.Ologun-1994 says an unhealthy financial institutions is noted by managerial weakness and severely truncated operational ability .
In a compendium ,to put it succinctly it is the exhibition of ‘’severe financial ,operational  and managerial weakness and inability to meet both owners’ and customers obligation and the rest of the economy at large-Adams-2003].When this happens at the level of individual bank distress ,its contagion can spread so quickly to infect the entire system if not quckly identified and resolved .Bank panic and Bank run from a single Bank runs can  precipitate the crash of the system if it spreads uncontrolled or uncurbed .Aja-Nwachukwu -1993;12]admits systemic  distress could result from a Bank failure in particular and spread too quickly to infect the entire system through financial contagion .This may become negative to pose some threats to the industry stability in general.Consequently  the nation’s payment system maybe affected including savings mobilization and financial intermediation services –Balino-1987]
Distress in Banking can be likened to Banking illiquidity and insolvency and the fear of depositors  for the loss of their deposits .This therefore leads to breakdown  of contractual obligation ,subject to bank panic,then bank run and distress.-Ebhodaghe-1997;57;Ibikunle-2014]This unhealthy situation begins due to bank’s inability to meet customers obligation as fall due.That is illiquidity on one hand .On the other hand , this leads to insolvency as it brazenly  manifests when Banks’realisable asset value is far below or less than its aggregate liabilities .The inability of a Bank to meet customers obligation  as an early sign of distress is a reflection of this two way factor syndrome crisis prompting  interbank indebtedness and tardy or dead  depositors withdrawal disability. Weak depositors  base ,poor management  and inability to meet requisite recapitalisation  requirement.
There also a handful  of  performance criteria  widely used  to determine the operational fitness or bank deficiency   .This build upon the basis of two factor crisis syndrome crisis  to include low earnings , huge operational cost and losses ,weak management ,poor internal controls ,insider abuse .

                              Regulatory Mechanism  And Distress  Prevention Measures
In the light of the foregoing , dual factor syndrome crisis is a central bane in a banking distress .However  regulatory measures widely used  to avert Banking crisis are technically being subject to critique by finance pundits worldwide . Inasmuch  as they have positive implication are also confronted by logjam of drawbacks  especially in a banking climate that has been  heavily  deregulated-Ibikunle-2014] .
While sect oral policy of  deregulation was seen as a means  to check  undue advantage of shareholders  and a boon to depositors .The capability of depositors on the other hand  to critically assess the Bank’s risky  portfolio can be subject to restraint driven by several factors .Adams;2003 admits that  the capability of depositors to adjust for appropriate rates  to compensate against default risk  could be hampered  in such scenario  and with deregulation may be vulnerable institutions with inherent liability structures and lulled into distress borrowing.-a condition that often fuels the dual factor syndrome crisis which can sets in and hence the crash of the ailing institution.-CBN;1995;Ibikunle;2014].
In this context ,government intervention  is rational to protect depositors fund against default risk .This insulates the system against envisaged drawbacks  inherent in market mechanism  and  a proven evidence that market mechanism is unreliable and inefficient .
There is no doubt  that  the debate  about government  intervention dates back to the days of David Hume and Adams Smith  and the generation of classical economics that followed them  and later neo-mercentalists and the former includes economists   such as J.B. Says . ,David Ricardo ,Thomas  Malthus and even before Thomas Mun ‘s Mercantilism and its followers also contributed immensely  to the importance of government intervention in the economy like the Keynesians  .This was leveraged to bridge likely failure of the market and correct its anomalies ,relative to the capability of the market to effectively allocate resource over times  .The statutory responsibilities  of  the CBN such as CBN licensing  and revocation of Banking licenses and the practice of deposit insurance by NDIC are prominent forms  of  self regulatory activities in the system .The concept of deposit insurance is embedded in its essence .If this prevent Banks from excessive risk taking it automatically also increases their chance of failing –Adams;2003;Whetlock;1992;Mishkin;1997].
Further studies have also unearthed that Banks  have greater incentives to take bigger risk and bigger bet than they otherwise could manage .or than they otherwise would  when insurance premiums are unrelated  to expected cost of  failure to the insurance  system . –Belong;1998,Balino and Sundaravajani;1991 and Adams;2003].In this context,the concept  lowers risk  and cost of deposit and wildly encourages Banks to use depositors funds to heavily finance their activities  in contrast to equity and  non-deposit liabilities .According to the studies ,Banks therefore prefer to hold riskier assets ‘’when deposits  are insured ‘’It concluded ‘’unless  regulation  hinders risk taking deposit insurance could precipitate  more  Bank failures than otherwise would be’’While Nwankwo-1989 admits the countrywide banking historical evolution is determinant of regulatory pattern in such country it might be difficult to subscribes to Calomiris-1989 that  supports a viable condition for deposit insurance that can be better exploited by strict enforcement of regulation .It is risk if one dares to believe and express disputation with the meltdown crisis in the U.S. which portends the unworkability of even regulation .To further dispute Wheecock -1992 support for effective supervision by  regulatory authorities to beat banks into compliance with legal framework as by ibikunle2014 - including its effective impact  one can critique also  leaves much to be desired often counteract public interest .Even when Bank regulators ,devise prudential standard to avoid insolvency and main banks’adjusted book value  .This followed fixed rules such as :Capital Adequacy ;Asset Quality Management Competence ;Earnings ability and Liquidity position abbreviated as CAMEL.Any adverse deviation from this critical and required standard level ,then the Bank begins to experience symptoms of bank distress –Ebhodaghe ,1997].
Methinks , the disputation is justified with the study Rojas-Suarez-1998 when it fails to exonerate over regulation.or admits sound CAMEL are not still good indicators of Bank’s bill of health sometimes induces systemic instability .Contrary to Mishkin-1997 of those who think regulators and Banks managers  have adequate knowledge ,information and sufficient resources for technical supervision and self regulatory functions better think again and such foibles can be compounded by moral hazard or the so called principal agent challenges.  Sheng -1990 unmasks the objective of supervision  tends to be destroyed by over regulation and failing depositors assets,competitive banking ,promote monetary instability and a weak financial  system.
Noel Sacasa –IMF Senior financial sector expert on Capital Market and money market department  in the piece ‘ Preventing Future  Crises ’ also admits the need for ‘effective regulation ……………to realize the potential of an open financial markets’’He further noted ‘financial innovation and integration have increased the speed and extent to which shocks are transmitted across asset classes and countries blurring boundaries between systemic and nonsystemic institutions .But regulation and supervision have remained geared towards the individual financial institutions .The regulatory mechanisms do not adequately consider the systemic and international implications of domestic institutions’ actions ’’ He therefore provides direction for proposed reform  .In what went wrong ’unraveling the crisis and what reform proposals should address and include causative factors not included needed to correct the destabilizing trends in the markets and regulation .Here he notes-First ,global macroeconomic imbalances resulted in lower interest rates during the past decade inducing more risk taking and contributing to the creation of asset price bubbles worldwide .Second,changes in financial sector structure and the failure of risk management to keep up with financial innovation during the past two decades rendered the system more prone to instability .And third ,leveraged financial institutions have inherent incentives to take on excessive risk without internalizing systemic risk which is the main they need to be regulated’’. Sacasa like previous studies all agree that with the risk of moral hard ,soft landing can be difficult and then still calls for appropriate  or effective regulation   .How effective is the regulation without understanding the foremost theoretical contraptions that underpinned these regulations as it were  over the ancient .Dealing with systemic risk or not  as to avert fast credit growth and prevent asset class bubble burst does not make regulation efficient .There is no doubt about it that modern financial products such as securitization have contributed immensely  to the risk taking tendencies and bourgeons risk of moral hazard though unarguably have improved access  to credit but the risk of volatility associated with market forces is certainly a far greater problem in the years to come .Contrary to Sacasa it is not true efficient dispersal of risk in favour of institutions that could manage them from a transfer of burden of the destabilizing shift of risks from the institutions that could not manage them ‘’to the reversion of  some of these risks  to banks that had supposedly offloaded them’’ promoting high uncertainty among participating institutions correctly counts and hardly can this  be a one size fits all .
The swing and shift in monetary policy is responsible for  the growth of credit market debt in the stormy decade under Sacasa review when some economies ran persistent current account surpluses .This led to cumulative financial assets issues in deficit countries especially  financial assets in America .Low interest rates was responsible in heightening moral  hazard and accelerated excessive risk taking and ballooned fast credit growth .Sacasa notes this ballooned households and non financial entities’ credit market debt from 118 to 173 percent of GDP between 1994 to 2007.Household credit debts since 2000 accelerated even more ballooned in seven to 136 from 98 percent .The U.K.also experienced staggering growth from 120 percent to 180 percent and in the Euro zone rose from 72 to 91 percent of GDP.Sacasa and his ilks are maiden statistical behemoth  consumers and yet could  not  grab nor come term  with  the grievous cost that monetary policy shift and its excessive regulation can   cause or  is causing the modern markets.It is the central motivation of excessive risk taking  and asset price inflation and the best structural changes that can be to avoid Adam Smith theory of market forces  and can save  modern free market economy from total crash.This structural abstinence can allow all modern reforms to work in the long run when market forces are replaced by market rational forces .
Almost all recommendations and resolutions proffered to end banking and financial crisis dwells solely on the need for efficient regulation and nothing more and to be bemused that it is the primary catalyst and panacea cannot be nothing more  than hallucination and object of malediction inviting the new round of crisis .  With these new technological trends financial institutions can excessively regulate and  manage themselves and disregard systemic risk and leverage can increase moderately without burden of asset price bubble burst and with flat interest rates and trading of  micro financial assets , where virtually all credit sectors are supplied to bridge inequality of wealth in modern society .This allows for  holistic review of financial market ,its system and its restructuring to adopt marsolist macroeconomics  .
 Cross-country data analysis by Balino-1991 and empiricism of banking and  financial crisis from Argentina to Chile ,Malaysia ,Spain ,Philippines to Thailand and Malaysia inspite of diversity of antecedence observed similar trends .This evaluates the macroeconomic condition causing distress ,the regulatory framework ,the intensity of the crisis and standard approaches  .The findings revealed following challenges ;weak management ,inadequate capital base ,poor asset quality and liability management,political interference, macroeconomic instability , fraud and insiders abuse ,inadequate legal framework ,delayed supervisory method of actions towards bankrupt institutions.In Argentina , the decline or loss of loan portfolio which feeds from general economic development environment..
                                                              The Eurozone Debt Crisis
The still exploding global financial crisis  started with the credit crunch in the United States and the crash of subprime mortgage market during the summer of 2007 and became much intense in September 2008 with default by 140 years old Lehman Brothers and having undergone different phases spilled into the real economy and global economy at large evidenced by ongoing recession in almost industrialised economies .With the cheap interest rates leveraged policy ,has monetary like fiscal policy been better having countered the menace with unprecedented vigor ?Why would  fiscal policy be allowed to widen public deficits only to set up bail out packages to rescue failing financial institutions inspite of rebounded economic activity of 2010 and what happened thereafter?
Now in 2011 tensions in sovereign debt markets accelerated with the concern of long term debt sustainability worldwide given the fact most of  these countries entered the market crisis with huge public and private debt .This further aggravated the scenarios threatened financial and macroeconomic stability  as most financial institutions heavily traded the troubled government bonds .Government debt to GDP ratios are now much higher than before  the crisis and historically high with the benefit of guarantees added more potential liabilities  With the growth of ageing population which a rising cost for the states over the next 3 decades ,there is evidence this problem can be worsened with the growth of public debt .In a cursory look at the State of public finances in the Euro area according to IMF debt to GDP ratio ranges or varies markedly acroos the region.In Estonia is about 6 percent ,152 percent in Greece-the  worst economy in western Europe in 2011 and about 87percent aggregate in the Euro area .Nevertheless the public debt burden is a global issue ;in the U.K. stands at 83 percent,100 percent in the U.S.and 229 percent in Japan.This can be a great burden to central bank in view of its ability to maintain price stability at all times

Moreover ,the Eurozone debt crisis can be linked too much dependent on foreign capital and that ‘s the same problem that precipitated  the Latin American crisis of the 90s especially Argentina ,Asia 97-98 financial crisis,   and later the meltdown .Not understanding how to restructure knowledge and macroeconomic cycles can be major problem and of course it is as they profited cheap capital guaranteed by monetary authorities. Although inflows of capital is from the Eurozone but it has subjugated the capability of the borrowing governments to handle turning surpluses into massive current account deficits as crisis deepened. Almost all the country in the region are inmesss of spiraling deficits now with the emergence of the Eurozone over the years and only Germany seemed to be enjoying the show of a creditor nation.The sovereign influence of the Eurozone countries is fast eroding with the slide into obscurity of their financial independence