George Vojta has been involved with Global Finance and development for fifty years. He held senior executive positions with Citigroup, Philbro-Solomon, and Bankers Trust Company. He has served on forty boards of directors, as a regulator of banks, and an academic fellow. He has written extensively on the global economy and the financial system. He is the founder/chairman of the Financial Standards Foundation and its subsidiary eStandards Forum. The foundation promotes, with like-minded institutions, the cause of globalization for the benefit of all; eStandards Forum uniquely monitors the 180-member countries of the United Nations and publishes, as a public good, their compliance with best practice standards and their prospects for sustained development. The eStandards website is used extensively in the public, NGO, and private sectors to facilitate judgments about country conditions and country risk.

George Vojta has been involved with Global Finance and development for fifty years. He held senior executive positions with Citigroup, Philbro-Solomon, and Bankers Trust Company. He has served on forty boards of directors, as a regulator of banks, and an academic fellow. He has written extensively on the global economy and the financial system. He is the founder/chairman of the Financial Standards Foundation and its subsidiary eStandards Forum. The foundation promotes, with like-minded institutions, the cause of globalization for the benefit of all; eStandards Forum uniquely monitors the 180-member countries of the United Nations and publishes, as a public good, their compliance with best practice standards and their prospects for sustained development. The eStandards website is used extensively in the public, NGO, and private sectors to facilitate judgments about country conditions and country risk.

George Vojta has been involved with Global Finance and development for fifty years. He held senior executive positions with Citigroup, Philbro-Solomon, and Bankers Trust Company. He has served on forty boards of directors, as a regulator of banks, and an academic fellow. He has written extensively on the global economy and the financial system. He is the founder/chairman of the Financial Standards Foundation and its subsidiary eStandards Forum. The foundation promotes, with like-minded institutions, the cause of globalization for the benefit of all; eStandards Forum uniquely monitors the 180-member countries of the United Nations and publishes, as a public good, their compliance with best practice standards and their prospects for sustained development. The eStandards website is used extensively in the public, NGO, and private sectors to facilitate judgments about country conditions and country risk.

The Fall of Capitalism and the Rise of Islam provides a critical analysis of the current financial crisis in the US and the world at large. It concludes that the current crisis could very well be a sign of failure of the underlying system of capitalism. The book shows that the system of capitalism contains serious faults and defects at the core theory level. Economic and financial crisis periodically occur whenever these defects are triggered by various conditions and political decisions during the life of capitalism. The collapse of financial institutions, the crash of the housing market, the evaporation of trillions of dollars, the creation of virtual unreal wealth, and the decline of productivity are symptoms of the potential failure of the ideology of capitalism. This failure has serious impact on the life quality of billions of people around the world who suffer from poverty, hunger, health insecurity, lack of education, and serious inhuman conditions. The world order under capitalism witnessed multiple world wars, political and economic instability, colonialism, absence of peace, deprivation of justice and polarization of wealth and power. This book predicts a potential crash and collapse of the world order under the pressure of a failing capitalism. Concurrent to the decline and potential collapse of capitalism, the book makes an account of another global phenomenon, namely the second rise of Islam. The rise of Islam, similar to the first one that lasted for thirteen hundred years, is a comprehensive rise that brings up the economic system together with the political system, and the moral system together with the legal system. It is much needed and sought to introduce to the world a system full of justice, fairness, and geared toward productivity and human righteousness. The new rise of Islam is argued to be in the best interest of the human societies around the world, and that the propagated fear of this rise is unfounded. The book provides a detailed description of the economic system and the political economy of Islam. It provides compelling evidence that the Islamic political economy characterized by sustained productivity and wealth distribution guarantees the satisfaction of the basic needs of a human. The Islamic political economy integrates several mechanisms for natural distribution of wealth, while it maintains a high level of productivity through the inhibition of usury, hoarding, and exploitation. The Fall of Capitalism and the Rise of Islam makes extensive references to a score of historians, scholars, and scientists who provide a fair testimony of the Islamic civilization and the ideology of Islam.

The Fall of Capitalism and the Rise of Islam provides a critical analysis of the current financial crisis in the US and the world at large. It concludes that the current crisis could very well be a sign of failure of the underlying system of capitalism. The book shows that the system of capitalism contains serious faults and defects at the core theory level. Economic and financial crisis periodically occur whenever these defects are triggered by various conditions and political decisions during the life of capitalism. The collapse of financial institutions, the crash of the housing market, the evaporation of trillions of dollars, the creation of virtual unreal wealth, and the decline of productivity are symptoms of the potential failure of the ideology of capitalism. This failure has serious impact on the life quality of billions of people around the world who suffer from poverty, hunger, health insecurity, lack of education, and serious inhuman conditions. The world order under capitalism witnessed multiple world wars, political and economic instability, colonialism, absence of peace, deprivation of justice and polarization of wealth and power. This book predicts a potential crash and collapse of the world order under the pressure of a failing capitalism. Concurrent to the decline and potential collapse of capitalism, the book makes an account of another global phenomenon, namely the second rise of Islam. The rise of Islam, similar to the first one that lasted for thirteen hundred years, is a comprehensive rise that brings up the economic system together with the political system, and the moral system together with the legal system. It is much needed and sought to introduce to the world a system full of justice, fairness, and geared toward productivity and human righteousness. The new rise of Islam is argued to be in the best interest of the human societies around the world, and that the propagated fear of this rise is unfounded. The book provides a detailed description of the economic system and the political economy of Islam. It provides compelling evidence that the Islamic political economy characterized by sustained productivity and wealth distribution guarantees the satisfaction of the basic needs of a human. The Islamic political economy integrates several mechanisms for natural distribution of wealth, while it maintains a high level of productivity through the inhibition of usury, hoarding, and exploitation. The Fall of Capitalism and the Rise of Islam makes extensive references to a score of historians, scholars, and scientists who provide a fair testimony of the Islamic civilization and the ideology of Islam.

The Fall of Capitalism and the Rise of Islam provides a critical analysis of the current financial crisis in the US and the world at large. It concludes that the current crisis could very well be a sign of failure of the underlying system of capitalism. The book shows that the system of capitalism contains serious faults and defects at the core theory level. Economic and financial crisis periodically occur whenever these defects are triggered by various conditions and political decisions during the life of capitalism. The collapse of financial institutions, the crash of the housing market, the evaporation of trillions of dollars, the creation of virtual unreal wealth, and the decline of productivity are symptoms of the potential failure of the ideology of capitalism. This failure has serious impact on the life quality of billions of people around the world who suffer from poverty, hunger, health insecurity, lack of education, and serious inhuman conditions. The world order under capitalism witnessed multiple world wars, political and economic instability, colonialism, absence of peace, deprivation of justice and polarization of wealth and power. This book predicts a potential crash and collapse of the world order under the pressure of a failing capitalism. Concurrent to the decline and potential collapse of capitalism, the book makes an account of another global phenomenon, namely the second rise of Islam. The rise of Islam, similar to the first one that lasted for thirteen hundred years, is a comprehensive rise that brings up the economic system together with the political system, and the moral system together with the legal system. It is much needed and sought to introduce to the world a system full of justice, fairness, and geared toward productivity and human righteousness. The new rise of Islam is argued to be in the best interest of the human societies around the world, and that the propagated fear of this rise is unfounded. The book provides a detailed description of the economic system and the political economy of Islam. It provides compelling evidence that the Islamic political economy characterized by sustained productivity and wealth distribution guarantees the satisfaction of the basic needs of a human. The Islamic political economy integrates several mechanisms for natural distribution of wealth, while it maintains a high level of productivity through the inhibition of usury, hoarding, and exploitation. The Fall of Capitalism and the Rise of Islam makes extensive references to a score of historians, scholars, and scientists who provide a fair testimony of the Islamic civilization and the ideology of Islam.

This book is a collection of my articles written as freelance columnist and published in Nigeria’s national newspapers between 1985 and 1995.My article , “The proper meaning of underdevelopment,”attracted several published comments from readers.This type of public reaction, a reaction that continued even with regard to subsequent newspaper articles, gave me unqualified fulfillment. I suddenly found a niche, a forum where I could take on policies and actions of government in the full glare of the public, without being branded a rabble rouser by the authorities. At least this was my reasoning until 1995.After the June 12, 1994 Presidential elections, annulled by General Ibrahim Badamosi Babangida, my freelance newspaper contributions assumed a different tone. Between 1994 and 1995, my freelance newspaper articles were becoming a source of worry for my family. Late General Sanni Abacha had embarked on total annihilation of the opposition. My immediate and extended families were not so sure whether or not it was safe to continue writing in the vein that I was.Their concern was probably not misplaced since I had called for, in one of my articles, for the political break-up of Nigeria. I thus became one of the earliest writers to publicly called for the political redefinition of Nigeria as a political entity.Virtually all the articles contained in this collection were the result of government action or inaction. Topics ranged from poverty to the arbitrary creation of local government units to the futility of military incursion into politics.This book captures a very important portion of Nigeria’s political and social history. As a book of articles and therefore socio-political commentaries, it is useful. Issues discussed in these articles are still as relevant today as they were when they were first published. The issue of the political future of Nigeria as a nation, the relationship between the center and the constituent parts, the problem of poverty and many more continue to dominate national political discourse even today. This book therefore cuts into contemporary Nigeria political issues albeit form the narrative of yesteryears. The fact that those issues on the front burner in the eighties and nineties still do even today, is a testimony to the unyielding nature of the country’s political climate.Those significant and nutty sociopolitical issues raised by these articles are yet to be addressed and resolved.

This book is a collection of my articles written as freelance columnist and published in Nigeria’s national newspapers between 1985 and 1995.My article , “The proper meaning of underdevelopment,”attracted several published comments from readers.This type of public reaction, a reaction that continued even with regard to subsequent newspaper articles, gave me unqualified fulfillment. I suddenly found a niche, a forum where I could take on policies and actions of government in the full glare of the public, without being branded a rabble rouser by the authorities. At least this was my reasoning until 1995.After the June 12, 1994 Presidential elections, annulled by General Ibrahim Badamosi Babangida, my freelance newspaper contributions assumed a different tone. Between 1994 and 1995, my freelance newspaper articles were becoming a source of worry for my family. Late General Sanni Abacha had embarked on total annihilation of the opposition. My immediate and extended families were not so sure whether or not it was safe to continue writing in the vein that I was.Their concern was probably not misplaced since I had called for, in one of my articles, for the political break-up of Nigeria. I thus became one of the earliest writers to publicly called for the political redefinition of Nigeria as a political entity.Virtually all the articles contained in this collection were the result of government action or inaction. Topics ranged from poverty to the arbitrary creation of local government units to the futility of military incursion into politics.This book captures a very important portion of Nigeria’s political and social history. As a book of articles and therefore socio-political commentaries, it is useful. Issues discussed in these articles are still as relevant today as they were when they were first published. The issue of the political future of Nigeria as a nation, the relationship between the center and the constituent parts, the problem of poverty and many more continue to dominate national political discourse even today. This book therefore cuts into contemporary Nigeria political issues albeit form the narrative of yesteryears. The fact that those issues on the front burner in the eighties and nineties still do even today, is a testimony to the unyielding nature of the country’s political climate.Those significant and nutty sociopolitical issues raised by these articles are yet to be addressed and resolved.