Hopefully, the Liberian Presidency will be transferred on October 10, 2017 to a Native person or a Congo person. Appropriately, he or she will receive all of the emoluments of the presidency; twenty-one gun salute, speaking and negotiating on behalf of the Nation-State, attending and visiting official nations and conferences, etc. The question is will the new President have the will power to get a reasonable share of the revenue from “Papa’s Land” in the form of government revenue to finance infrastructure, education, social programs, etc. similar to the kinds of benefits Botswana government gives to its citizens. Alternatively, will the new president allow a few elites to accumulate more wealth at the expense of society, an economic arrangement that pits the haves against the have-nots, according to Eduardo Porter? (NY Times, 7/11/17).
Is capitalism having a bad coverage? Well, many voters under capitalism are having more doubts about the benefits of this economic system or “trickle down theory.” In a 2016 Poll, Harvard University found that 51 percent of young American voters rejected capitalism and have positive views about socialism, similar to the conclusion of the 2011 Pew Poll. President Donald Trump, then U.S. presidential candidate stated that, “America’s economic system is rigged;” U.S. Senator Bernie Sanders stated that had Americans been under socialism the price of a medicine would not have increased from $40 in 2001 to $40,000 in 2016. In the 6/14/17 NY Times newspaper, he concluded that capitalism “is a dismal failure.”