The Pakistani Spectator

A Candid Blog


Posts Tagged ‘capitalism’

Islamic Economic System versus Capitalism

By Shaukat Masood Zafar • Dec 3rd, 2011 • Category: Features

More than a century ago, Karl Marx wrote that despite its support for technical improvements, “The capitalist system works against a rational agriculture … a rational agriculture is incompatible with the capitalist system.”
The food and farm crises we see today completely confirm that judgment. A system that puts profit ahead of human needs has driven [...]



Hizb ut Tahrir seeks to restore Caliphate in Pakistan

By Muhammad Asim • Jun 27th, 2011 • Category: Politics, Worth A Second Look

Recent events in Pakistan have brought the spotlight on to the group Hizb ut Tahrir and its activities. Hizb ut Tahrir, or HT as it is widely known, describes itself as a global Islamic political party that seeks to restore the Caliphate state in the Muslim world. Founded in 1953 by Palestinian scholar Taqiudeen an-Nabhani, [...]



Modeling the Future

By Dan Tow • Aug 4th, 2009 • Category: Politics, Worth A Second Look

We all have in our heads ideas for how the world works, ideas about human nature, about politics and economics, ideas that we believe explain the world, or some part of the world, more or less. There is some satisfaction in feeling we understand the way the world works, that we know “truth.” Most models [...]



Other People’s Money

By Dan Tow • Apr 20th, 2009 • Category: Politics, Worth A Second Look

A discussion of why some economic activity risks the wealth of persons other than the people making the risk choices, and why this fact creates a need for higher levels of government regulation of that sort of economic activity.



Corporate Responsibility in Pakistan?

By Saleem Khan • Jul 10th, 2008 • Category: Politics

The World Business Council for Sustainable Development defines corporate responsibility as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families and the local community and society at large.
More than goodwill, corporate community involvement or [...]



Report: Biofuel caused food crisis

By Saleem Khan • Jul 9th, 2008 • Category: Misc

Biofuels have forced global food prices up by 75% - far more than previously estimated - according to a confidential World Bank report obtained by the Guardian.
The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body.
The figure emphatically contradicts [...]



Capitalism without the Thorns

By Dan Tow • Jan 27th, 2008 • Category: Politics

In graduate school, I shared an apartment with a very interesting fellow who argued in favor of the American Libertarian party. The Libertarians, in America, are a minor party that gets something like 1% of the vote in most elections, so they wield very little influence, but they make some interesting arguments in favor of [...]