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2023: Year of Road to Prosperity

Dr. Ikramul Haq & Abdul Rauf Shakoori Punjab Revenue Authority (PRA) Chairman Zainul Abedin Saki has ruled out the possibility of creating one organisation—Pakistan Revenue Authority—in the name of the harmonisation of taxes. “If the federation and the provinces have…

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Critique of extractive capitalism—II Surplus, wealth circulation & human development

  Dr. Ikramul Haq Modern economic systems continue to operate on a foundational assumption: accumulation drives growth. Wealth concentration is often portrayed as a necessary by-product of innovation, efficiency and productivity. Nevertheless, contemporary evidence increasingly suggests that excessive accumulation (extreme…

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Critique of extractive capitalism—I Growth, inequality & insecurity

    Dr. Ikramul Haq   Modern capitalism has become extractive, concentrating wealth and generating insecurity. Traditional socialism also failed to protect individual autonomy. A humanistic economic framework is needed—one that promotes cooperation, economic security and development of human potential….

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