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Ordinary citizens, Children of a Lesser God

Huzaima Bukhari & Abdul Rauf Shakoori “The people before you were destroyed because they used to inflict legal punishments on the poor and forgive the rich”—Hadith by Prophet Muhammad (PBUH) Sahih Bukhari Volume 8, Book 81, Number 778  The above…

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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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