Dr. Ikramul Haq & Abdul Rauf Shakoori The decline in the quality of democracy has most often been driven by political elites focusing on securing their own political and economic power at the expense of societal development—Global Findings byBertelsmannStiftung The…
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….