Economy of Pakistan

Pakistan's economy was developing during first forty years of its formation while its decline since 90s is crystal clear. Holding just one factor responsible isn't a wise approach. Various factors contributed in her deteriorating economic condition.
Relation between market and state is upside-down. Market allocates resources while state equitably distributes them. In Pakistan, both state and market are under the clutches of few elite families.
Democracy in Pakistan is used just to cover the dynastic politics of few haves. Political parties are headed by one family; dissent in parties isn't tolerated at all. Biradri system dominates the electoral politics. Politicians manage to grab the votes en bloc rather than enfranchise. That's why same families rule over the downtrodden masses. Then military intervention and imbalance between civil-military relations during democratic government further worsen the situation. At the end all the burde falls on the weak and down trodden section of the society. That is why basic human rights are denied by the ruling elite. Only way to make this happen is to abolish the huge gap between privileged and underprivileged classes.

Written by Muhammad Abdul Muqset

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