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Like almost all opportunists Professor Koji Jubanga is a prostitute. In his case, an intellectual prostitute. In the early 1960s, Koji Jubanga, then a young scholar, was a fire-breathing Marxist sporting the appropriate Karl Marx beard. Communist books and literature were cheap and sometimes free. The pubescent Marxist crammed his head full with communist patois. He worked himself into a frenzy to produce a thesis mouthfully-named: 'The Imperatives of Marxism-Leninism in International Social, Economic, Political and Spiritual Transformations: The Nativity of its African Perspectives In Geo-Strategic Cum Political Terms - Focus, Scope and Dimensions.' Those who read the few circulated copies dismissed it as the most unscholarly of work. Its shoddiness alone put many fine souls away. But he was undaunted. He managed to penetrate the web of security at the Soviet embassy, got an audience with the Ambassador and presented his paper. Few days later, he received a call. The Politburo had smiled on his thesis with approval. He was given a scholarship to study in the Soviet Union. Half way through his studies, he was invited to a meeting by the KGB. He flunked his lie-detector test so badly that the KGB quickly arranged to have him degreed and sent back to Africa. Nkrumahism was in vogue when he returned. Koji Jubanga wasted no time in declaring his allegiance to the new order. He labored very hard for three weeks to produce another dissertation bombastically-titled: 'Osagyefoism: The Historical Connectivity of Black Consciousness through the Ages: From Kam (Egypt) to 20th Century Ghana. Its Theoretical and Practical Ramifications, Universality and Pre-Determinism.'

He was amply rewarded for his efforts.
As a survivalist, he managed a stint with the Busia regime. He equally charmed is way into Acheampong's Unity Government - producing academic thesis suffused with hard-to-read scholarly jargons to support Acheampong's brain-dead ideas. During the Revolution of 1978, he tried to worm his way into the new regime. The new leaders were not too impressed - if only because the young military officers couldn't make a head or tail out of his dense thesis. The security check they ran on him sealed his fate.

For several years our learned scholar was in limbo. When the government changed gear and embraced the IMF, Koji Jubanga saw his chance and plunged head-on to pluck it. He labored day and night for three months to produce another grandiloquently-titled thesis: 'Market-Economy - The Natural Order of Economic Determinism, Personal Self-Sufficiency, National Self-Determination, Cooperative Multilateralism, Inter-Global Dependency and the end of Bolshevik Socialism.' He took it to a top Desktop Graphic Designer at Osu where it was impressively polished up. The IMF and their trumpeting quangoes needed a true believer to sell their ideas. Koji Jubanga was willing, for a fee, to become the Apostle of the new order. He presented his paper which wowed the big-wigs of the IMF. They made him a consultant - salaries and perks to be paid in dollars. Professor Jubanga, like most new converts, became a zealot.

I ran into him at the Commonwealth Hall at Legon. He had delivered an impassioned, lukewarmly-received address at another of those endless World Bank Conferences on poverty in Africa. He was looking remarkable good. Sharp three- piece suit on a satin smooth skin, a designer glasses on a full face. He tools around town in a new Mercedes Jeep and packs a mobile phone - the very latest model.

“Nice speech.” I lied after cornering him.
“Thank you, my friend. I am glad that some of us are beginning to see the light.”

“Light?” I wondered.
“Yes, some of us are turning around to jettison our ancient mind-sets, however difficult, and recognizing the universality of the simple concepts I tried to elucidate. You see, the problem is that some of us are so wired to old ideas that we refuse to see reason even when it is thrown in our faces. Things simply cannot continue the way they were. We have to join the rest of humanity in embracing the forces of the market. It is then, and only then that we can truly join the rest of humanity. There is no hope for us if we want to get out of our ignorant-engendered poverty. The rest of humanity are marching triumphantly with the trend, so should we. No one is going to wait for us, no one! Historically, no country has got out of its economic mess and mass-poverty without obeying the principles of market forces. You see, if you look round you, the rest of the world are registering impressive economic growth. It is only Africa that is lagging behind. You see, things simply cannot continue the way it was. You see.”

“I see.” I said, not sure of what I saw.
Professor Jubanga cleared his throat and bellowed: “There are still a lot of our folks who believe that it is the business of government to continue to pour money into useless white-elephants. They believe that because the government was subsiding things four decades ago is enough reason to continue the wastage. You see.”

“Are we not mixing facts up with fictions here, professor?”

Professor Jubanga showed his displeasure by baring his teeth at me, “What do you mean? Who's mixing facts with fictions?” He demanded, showing me an angry snarl.

“I don't mean to be insulting, professor, but you seem to be lurching from point to point without actually tying them together. For a feeble-minded person like me, it all sounds so empty, even if grandiloquently so. Shall we begin with this market force thing, what exactly are we talking about?”

Convinced that I was not trying to put him down or prove to be his intellectual equal, the professor showed a benevolent smile at my humility. “Yeah, I agree that it is rather difficult to render a simple definition. We are talking about an economy whereby the state [represented by the government] has relinquished the commanding heights to private entrepreneurs. In contrast to our system whereby the government is playing the magician - conjuring up things, a market economy is controlled solely by the forces of the market. The beauty of it is that it is the only economics that does not need to be taught to anyone. It is so natural that every human being understands it. The main argument in its favor is that every country that embraced the principles of market forces is registering economic growth while those who refused to obey its laws are locked in their doldrums. Do you understand?”

“Hmm...” I said simply. I wanted the professor to continue with his passionate analysis.

Professorial baritone boomed, “You see. We have to work very hard (I can see that) to sell the ideas to our rather skeptical compatriots. Our people have to see reason. We have to join the rest of mankind in their triumphant march into prosperity...”

“You seem to be doing just fine.”
He misunderstood my sarcasm. I meant that he was looking after himself - the Oriental silk shirt, the Gucci shoes and the gold Omega watch that could represent the entire GDP of a small African nation. Not too bad for someone working hard to sell ideas.

“Thank you. Where was I?”
“You were telling me how you want our people to march triumphantly into prosperity. But are the arguments for the so-called market forces not specious? Actually sir, I think that the arguments you just offered are outright lies.”

The professor's mouth flew open and he'd problem closing it. It was as though I'd slapped him. “What,” he cried in a non-professorial tone. “I thought we're on the same side!” The way he looked, I hope that he doesn't rupture a blood-vein.

“It depends on what side we are talking about. When people argue that countries and regions have been developed by market forces, they either do not know what they are talking about or they are simply telling lies. If, as you pointed out, it means the government getting out of the commanding heights of the economy, I'll say that it is only in Africa that people believe in the fiction that it is governmental interference that's impeding our economic growth. No nation has been developed by market forces, none shall ever be. Let's make that Femi's first principle of economic development. The fact of the matter is that every government is interfering in the national economy, one way or the other. No government has abandoned its economy to some mirage call market forces. We can use Europe, Asia and the U.S. as our case studies. Was the United States of America, today the greatest champion of the free-market hoopla, developed by market forces? Does the U. S. practice free trade? Was it not a U.S. president who said that the business of government is business? Was it not an American business leader who proclaimed that 'What is good for General Motors is good for America?' When I look at the United States, I find it difficult to see the demarcation line between business and government. Was it not American ministers that leads trade delegations and drive hard-bargains for U.S. businesses? Are the American fruit companies in Latin America not aided by the military and diplomatic muscles of the U.S. government? Are the roads of the American oil companies in the Middle East not paved by American diplomats and marines? Are a great many of the products American businesses selling around the world not developed by Pentagon scientists? Do American businesses not need their government approval to trade overseas? Have they not all been co-opted into the ideology of the U.S.? Do we see them breaking with their governments in its crusades around the world? Do American farmers not enjoying huge subsidies from Uncle Sam? The defense industries are so closely tied to the U.S. government that they are virtual arm of the Pentagon. I recall a U.S. president lamenting the pervasive influence of what he called the Military-Industrial Complex on the American government. And if we are to believe this market-forces preachments, are we not right to ask why the U.S. government is always intervening to shore up the dollar and using its currency in its trade wars with Japan and China and the rest of the non-white world? We saw how the American state turns itself into a huge printing to bail out collapsing banks and industries.

“Coming to Europe, we have to ask the pertinent question: could anyone who study the history of the Industrial Revolution in Europe affirm that Europe was developed by market forces? Let the truth be told, it was slavery and colonialism that built European prosperity. It was the gold, the diamond, the spices and the human beings that Europe looted from around the world that formed the basis of the opulence that Europeans are flaunting today. Market forces played no part since the tradings and the raidings were tightly controlled by plutocrats who enjoyed Royal blessings. Are Europeans preaching 'Free-Trade' and market-forces practicing it? If so, why don't they allow processed (if only partially) African goods into their 'free markets?' What about the huge subsidies they give to their farmers under the Common Agricultural Policy? Why are they keeping mountains of butter and rivers of wine, at great costs, to shore up prices? Why are European governments not allowing their currencies to find its true levels? Why are they forever prodding it up and fretting whenever it is going down?

“Asia offers the best argument against the proponents of market forces and free- trade. If the histories of European and American economic developments are too old for some of us, the Asians miracles happened in our life-time. None of the Asian Tigers practiced free-trade, none of them followed the principles of market forces. They all closed their markets to all but the most essential imports, built up their industrial and commercial infrastructures, put in place tight trade policies and emerged as global competitors. Of course, they do not say that you cannot export goods to them, but they put in place such bureaucratic obstacles that it is not worth anyone's time to try and break through. Study all of them - Japan, South Korea, Singapore, Taiwan and the newly emerging economies of Malaysia and China, what we find are tightly controlled economies. The Asians are no fools.

“What do we have in Africa? We take every preachment from Euro-Americans as akin to praxis. We are so gullible that we dance to their every tune. We do not observe; we only listen. We are the only people in the world who allow unrestricted imports to cripple our local industries. We are the only one who allows our currencies to fall without concern. We are the only people on earth who, uncritically, swallow everything we are told. Few years ago, we were told that democracy is the only way forward. We organized elections and put western political models in place. Our economies nose-dived. Our elected rulers continue to treat our treasuries like war booties that must be consumed with haste. Those who are dictating to us went back to their laboratories and divined that free-market is our only salvation. We took to SAP the way dogs took to bones. For over two decades we have taken every prescription they proffered, yet we continue to be mired in economic quaqmire. Continued    Source: Femi Akomolafe

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