Dr. Ikramul Haq & Abdul Rauf Shakoori Recently Moody’s has scaled down the Government of Pakistan’s debt ratings to “Caa1” from “B3” and the outlook is kept at “negative”. Under “Caa” obligations are judged to be of poor standing and…
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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