Globalisation and the Contradiction of Peripheral Capitalism in Nigeria.

GLOBALISATION AND THE CONTRADICTIONS OF PERIPHERAL CAPITALISM IN NIGERIA INTRODUCTION Globalization will benefit, globalization is good and it will bring even development to various economies. These are what is heard on the corridor of neo-liberalist, lauding and glorifying the concept as if it is a demi-god.But do not be deceived, for globalization is not what it sounds like. Looking back to the periods of 1979, it is recallable that the ideas of globalization could be …

…atavism. As Ake (1981:22) would have it, "imperialism is characterized as an aggressive expansionism which has no objective beyond itself". In order words, Schumpeter in Ake (1981) says imperialism is never satisfied by an interest. Thus, my argument in this regard is obvious, globalization as the highest stage of imperialism has no bound, no objective beyond itself. Therefore, it has come to erode the culture of Nigeria; so simple it is for Nigeria has no culture but