Historical fiction enthusiast and author of ‘Golden Sands’ and ‘Afonja; The Rise’, Tunde Leye today made a claim in support of capitalism at the panel session of the Lagos Books and Arts festival
The session which had Kayode Faniyi and Kolawole Oluwadamilare on the panel, featured a discourse on ‘Literature; The Rise of Hope.’
Tunde Leye insisted that history has proved that other economic and political systems like socialism and feudalism have been tested overtime without success, and that capitalism has been the only system that has worked so far.
The panel session which was divided on this particular issue challenged this perception and Tunde Leye was made to defend his stand on capitalism inspite of the contrary opinions against it.
A truce was reached when a contributor from the audience agreed that capitalism can only work under a controlled economy.