Neoliberalism, austerity, and climate change crisis
‘Scientists have delivered a “final warning” on the climate crisis, as rising greenhouse gas emissions push the world to the brink of irrevocable damage that only swift and drastic action…
2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy
Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has a huge financing gap in terms of its loan repayment needs, and that…
Global economic crisis and Neoliberalism
‘The global multilateral economic system has been stress tested twice this century. The first time was with the 2008 global economic meltdown; the second – with the COVID-19 pandemic. And…
Beyond neoliberal and pro-cyclical policy
‘It is well known that the old model of austerity does not work. Not only does it cause the economy to contract and inflict excessive hardship on the population; it…
Covid-19 and ‘disaster capitalism
Shock and awe are actions that create fears, dangers, and destruction that are incomprehensible to the people at large, specific elements/sectors of the threat society, or the leadership. Nature in…
Neoliberalism and Pakistan
The concept of neoliberalism is a part of capitalism that gained wide currency soon after the compelling defeat of socialism in the backdrop of the disintegration of the former Soviet…
Cost of neoliberalism
THE harrowing news of a young girl who recently committed suicide on account of her failure in the CSS exam points to a deep malaise in society. This mental health…
Textbook neoliberalism
In textbook economics the movements of financial markets are supposed to reflect underlying conditions in the real economy where goods and services are produced, workers are hired and paid, and…
Declining capitalism
Today’s declining US capitalism can no longer repeat its previous bland celebrations of private enterprises and free markets. Too much is going wrong, provoking criticism, and deepening divisions across US…
Neoliberal rule
President Biden has announced that the United States is releasing 25 million doses from its stockpiles, most of which will be distributed through the WHO’s Covax program, with another 55…
