The lies the government and media tell are amplifications of the lies we tell ourselves.
To stop being conned, stop conning yourself. James Wolcott
Its clearly an Oxymoron - Jobs and Poverty to be tackled by the Nigerian Government.
It's insanity to think that the Nigerian
government can and will create Jobs! Doing the same things since 1960 and expecting different results in 2020.
The underlying
notion of such proposal by the 'rulers in office' that they can create jobs and the government can solve poverty — is
riddled and an economic fallacy.
The logic
underpinning a government jobs creation program or a so-called poverty
alleviation program was best epitomized by an advocate who declared that, “The goal in and of itself is job creation. You create the job to fit the
person.” and Julius Nyerere illuminatingly submits that “Capitalism
means that the masses will work, and a few people – who may not labour at all –
will benefit from that work. The few will sit down to a banquet, and the masses
will eat whatever is left over”!
I guess every
Nigerian except the Governors, Senators, Reps, LGA 'Chairs', and the Bigger Animals of the Assemblies will agree that the previous paragraph
mirrors the alleviation Program of the Nigerian state. Interestingly,
employment is not an end in and of itself. Instead, it is a means to
an end: namely the increased standard of living that the worker obtains by
trading his labour for wages.
In a free
market, employment is a value creation process — with jobs stemming
from the wants and needs of consumers as conveyed through the price system.
It is this productive nature of free-market jobs that make them
desirable and capable of increasing a worker’s standard of living.
Wages spring
directly from, and are proportional to, the degree in which a job creates
wealth by helping to satisfy an unmet need. As is the case for all
mutually-agreeable trades in a free market, both sides gain and wealth is
created: the worker receives wages that he values more than his labour and the
consumer receives a product or service he values more than its price.
In other words,
a worker’s wages are reflective of the additional wealth he helped create,
which enables his newly improved standard of living. Thus, government-created
jobs are devoid of this wealth creation process, they are merely a transfer of
wealth from taxpayers to the program’s beneficiaries.
This is made
clear by taking the argument to its logical conclusion and considering a
government proposal that paid one set of workers to dig ditches and the other
set to fill them back in. While there would be a virtually unlimited number of
jobs that could be created under such a program, there is clearly no value
creation of any kind. Throwback to Abuja, a government regime paid contractors to
build speed breakers on the roads and next regime came along and paid for its
removal.
Thus, a
government-mandated job omits the very thing that makes employment desirable in
the first place — Value creation.
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