Assetsâ Stripping Beyond Idiocy
Listen to article
I belong to a school of thought that holds firmly to the idea that the sovereign state should be wealthy, prosperous and sustainable virtually ad-infinitum.
Philosophically, the connotation and denotation of a sovereign entity conveys the immediate and empirical impression and evidence of a big institution that is wealthy enough to collectively enhance the well being and welfare of the citizenry.
Part of my Ideological conviction on what a nation state should be, has found empirical anchor on what some scholars see as the meaning of the concept of sovereignty as encompassed in the encyclopaedia Britannica thus: “Sovereignty, in political theory means, the ultimate overseer, or authority, in the decision-making process of the state and in the maintenance of order. The concept of sovereignty—one of the most controversial ideas in political science and international law—is closely related to the difficult concepts of state and government and of independence and democracy. Derived from the Latin superanus through the French souveraineté, the term was originally understood to mean the equivalent of supreme power. However, its application in practice often has departed from this traditional meaning”.