{UAH} THANKS DAILY MONITOR: UGANDA NEEDS NATIONALIST ECONOMICS

Thanks to Daily Monitor for publishing this article (pictured) which I wrote recently concerning Hon. Kyagulanyi's OTT Tax policy removal for economic development. (The full article can be read here: facebook.com/HusseinLumumbaAmin/posts/10157405752531844).

What we need in Uganda is to first realize that the ageing group of leaders like Bouteflika are wisely choosing to step down from clinging to power for 30 years. This has been previously diagnosed as Africa's dictatorship problem now hiding under some pseudo elections.

Secondly, in properly analyzing the historic Ugandan economic context, one first needs to be able to understand the difference between the exploitative colonial economic model, and the nationalist economic model. Only then will one gain any vision in the kind of economic policies that maximumly benefit the people of this country.
A nationalist system does not only make a few citizens the labour of the colonial economy. The nationalist economic model gives as many of its people as possible the full responsibility of succeeding economically. Putting the means of production, capital, necessary technical and business skills, and their full economic destiny into the peoples own hands.

Basically breaking with mental slavery which seems to have returned in force after we eliminated it from Uganda in 1972.
In stark contrast, the colonial economic model see\s upto 98% of a country controlled by colonialism, and 98% of profits go to the colonialists themselves who then repatriate the funds back to their own country leaving 99.9% of the indigenous population wallowing in the remaining 0.01% GDP which essentially translates to widespread poverty and squalor. When colonialism repatriates all the profits to their own country abroad, it is therefore that country which benefits from our human and mineral/commercial resources. It is that country which gets the huge incalculable amounts of profits injected into its economy, banking system and real estate industry. Amounts totally incomparable to the meager salaries, if any, that the lucky few Ugandans get from being essentially exploited by the colonial economic system.
The colonialist has no interest in seeing that he uplifts the indigenous Ugandan out of poverty beyond the level of laborer which is required to keep his colonial enterprise profitable to himself. Nor does the colonialist aspire to see the indigenous Ugandan become an entrepreneur with the means of production in his/her hands, then competing with the colonialist for the local and international market. They would rather suppress the rise of the indigenous citizen as long as possible. Until Idi Amin.

This monopoly ideology of colonialists is even banned today in countries like the US.
It is therefore the nationalist economic model that empowers the indigenous Ugandan. It is the nationalist economic model that truly benefits the country. It is the nationalist economic model that opened the eyes of Ugandans to business and entrepreneurship.
If any Ugandan looks at the colonial economy, it's buildings, cars and factories, and thinks that this is his countries economic success, that is simply foolery borne from ideological myopia.
Today's Ugandan elites (who also call themselves Panafricanists), are the only indeginous people in any former colony in the world, who can be found mourning colonialism and it's exploitative economics. That is how ideologically bankrupt these supporters of economic colonialism really are. Literally fighting against the economic empowerment of their own people for personal gain from the former colonialists. But basically insulting themselves that they are an economically incompetent lot. The example of Asian nations like China,Taiwan, Singapore and Malaysia confirms that it is decisive nationalist economic policies that truly uplift a nation and its indigenous people from poverty to prosperity. Not economic colonialism.

By Hussein Lumumba Amin
Economist
Son of His Excellency Al-Hajji President Idi Amin Dada

Date: 12th March 2019

Kampala, Uganda

--
Disclaimer:Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.To unsubscribe from this group, send email to: ugandans-at-heart+unsubscribe@googlegroups.com