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According to the World Economic Forum, economists argue that more than climate change, the threat of terrorism, geopolitical risks and natural calamities, the world economy is the most important factor in shaping the fortunes of the world. It is further argued that economic progress will help mitigate the world’s challenges and create a stable global order in the 21st century more than any other thing. This talked of world order would presumably consist of the economic, political and social pillars. However, when economic growth and the question of capital become overemphasized over the other pillars, what we end up with is a destabilized world.
Kenya, in the 21st century, may be said to be a victim of this overemphasis on capital to the detriment of other social factors. For what else can we conclude when private education institutions begin to get sponsorship as public ones (established and maintained by the taxpayer) choke to death?
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