
In my first year in FUT, Owerri, the best course was the logic and philosophy one [humanities] (GST 103). GST 108 which was on the polity and economy of Nigeria followed. The professor began that course, and asked us a question: in Nigeria’s budget, could you name the major sources of revenue? She brought some really new things like taxation, and went on to explain a unique nature of Nigeria’s economic structure: mixed economy. It was a great experience; engineering students needed to understand the connections between markets, policies and technologies.
Today, as the American big techs gather for Trump, the man they deplatformed, the lessons from GST 108 become evident. First, great businesspeople do not have permanent friends and enemies because alliances can be rebuilt on the fly [my Igbo brothers suspend all quarrels, reminding you that “this is business, let us conclude and we can renew the quarrels afterwards”].
Secondly, mastering Political Economy in the broad sense is foundational for big companies. Simply, Political Economy is not about politics, but the policies which shape the economy, and how leaders can navigate them, for the best of their stakeholders. You have no mission if you keep failing that cause!
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Finally, the government holds POWER and having that awareness as a BIG Business is strategic: “As President-elect Donald Trump prepares to assume office for a second term, tech giants are stepping up efforts to mend fences with an administration they often clashed with during his first term. Google CEO Sundar Pichai and Amazon founder Jeff Bezos are among the prominent figures scheduled to meet Trump in the coming days, underlining a shift by Big Tech to rebuild bridges and secure a more collaborative relationship.“
My GST 108 professor will possibly respond: in the polity of any country, all powers are drawn from the government. Yes, Silicon Valley is now MAGA, at least for the next 4 years, before they find another state of effervescence as the grand pursuit continues. BigTech, welcome to MAGA of Trump America. It is what it is: you do not watch a big masquerade from one place, the elders will say. Bigtech is moving around to see and understand and INFLUENCE.
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Things like extremism, fanaticism, activism, and all the isms you can think of are for average and largely failed people. So whenever you see yourself going deep in any of the ‘isms’, just know that you are already failing. You are never going to command massive wealth when you are swinging from activism to fanaticism, because you will remain angry and unhappy, another characteristics of failed people. Leave those things for average people, yours is to fund any of the isms that aligns with your interests, but never participate actively.
Power is power, and it has no substitute. To remain relevant and influential, you must never put yourself in the wrong side of power. The masses can insult, abuse and criticize you, but that’s their lot, they do not see what you see, and therefore have no interest to protect. You cannot fight the government, but you can make the government agree and protect you; not knowing how to do it could mean that you are not destined to command big things.
The confusion often comes when ordinary people see politics from the prisms of moral purity, something it is not and will never be. You must know how to make deals, support opposing forces, so that whatever the final outcome is, you remain standing.