Probably Pakistan's Biggest Need: Charter of Economy

[S A L M A N.]

@JamD I see you have an engineer's love for flowcharts.

I'm not an economist; like @JamD, I'm an engineer (senior year actually) and I also suddenly feel the need and urge to study macroeconomics on my own time.

I'm not educated enough to comment on what all of you have discussed here. Most of it is big brain stuff.

However, something I would like to point out. This is something I believe is not discussed enough. I'll get right to the point.

To implement even ONE of the suggestions mentioned above, to even develop a 'Charter of Economy', you need structures - a basic administrative and policy machinery which can craft fine technicalities and eventually, implement them.

That basic machinery, in Pakistan, is effectively compromised. Every segment of it is filled to the core with men and women who have been efficiently and painstakingly 'cultivated' by a certain political family that has been in power since the 80s. The loyalties of these individuals lie elsewhere.

“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” ― Frédéric Bastiat

With this in mind, let there be no doubt that absolutely any attempt at making policies which benefit the wider population and implementing reforms which actually develop this country's economic prowess, will fail. At best, you can expect some atrophied form of prosperity but the dream of the 'Riyasat-e-Madina' (which in reality is a glorious concept and essentially worth emulating) shall not take shape.

This clique of generals, bureaucrats, judges, industrialists, landowners, feudals, etc will never allow any form of progress in this country. And please note that by progress I mean human development and nothing else.

Regardless of what Imran Khan chooses to do (and in my own humble opinion, he is trying heroically), this system will bog him down and entangle him in its web. What is needed is a total rout - the complete bulldozing of all of these colonial remnants that have brought us into this abyss. The first to go should be the feudal system, then the judges and bureaucrats. Lastly, the generals should be reined in. Without this, 30 years from now, we will again be talking about how Imran Khan failed because 'he had a bad team'.

It would not be the team. It would be this cartel of criminals disguised as our saviors and protectors.

 

[JamD]

Regardless of what Imran Khan chooses to do (and in my own humble opinion, he is trying heroically), this system will bog him down and entangle him in its web. What is needed is a total rout - the complete bulldozing of all of these colonial remnants that have brought us into this abyss.

The reason I am in general against such kinds of revolutions is that after a tonne of human and capital cost, more often than not the new guard is the old guard with new names, and it becomes another truck ki batti.

I only hope that slow and gradual awakening due to self-interest (over decades) will make things better. Eventually, all the people that extract wealth from Pakistan will have nothing to extract. Then either Pakistan will fail or it will change. Nothing profound about what I am saying, I admit. Hopefully, this realization comes sooner than the time we are at the brink.

 

[Bilal Khan (Quwa)]

The reason I am in general against such kinds of revolutions is that after a tonne of human and capital cost, more often than not the new guard is the old guard with new names, and it becomes another truck ki batti.

I only hope that slow and gradual awakening due to self-interest (over decades) will make things better. Eventually, all the people that extract wealth from Pakistan will have nothing to extract. Then either Pakistan will fail or it will change. Nothing profound about what I am saying, I admit. Hopefully, this realization comes sooner than the time we are at the brink.

I agree. We can't have a revolution or 'takeover. This is a change that has to happen among the powerbrokers (aka establishment guys) who still care about the country. They (i.e., generals, bureaucrats, politicians, judges, etc) have to stand up against their kin and tell them, "enough is enough" and start instituting systemic change on their own volition because -- if they don't -- they'll feel as if everyone will lose. If you have their buy-in, you have everything.

Now, we'll all say, "those people don't exist." They do. If they don't right now, then we'll have to hope they will emerge eventually. But I think they exist at some capacity today, otherwise, Pakistan itself wouldn't exist. It's not in the nature of our worst types to preserve anything, but destroy it entirely. So, something is still holding them in check.

 

[Goenitz]

@Norwegian
you were banned, when we were talking abut this...
plz listen that why Pak goes under cyclic inflation period... and see the flow chart..
@AgNoStiC MuSliM

 

[Goenitz]

another good talk
1. Short Pak history background.
2. Predatory state situation of Pakistan @CriticalThought for your point of Pak plundering by foreign investors
3. Not just export based growth
and more @Bilal Khan (Quwa) she also gives reference of free passage to NATO supply lines.

 

[Goenitz]

@JamD
Dr Sheffler something... another blunder as GMOs seeds of cotton, were planted... the production reduced... and now, unless we import specific fertilisers from that company, we cannot improve the yield.. though the Dr didn't say that all, but it is how monopoly flourishes.

 

[Goenitz]

 

[Goenitz]

@blueazure @Genghis khan1 @Baby Leone
Listen the first talk that why we have to go to IMF again and again.

 

[Baby Leone]

@blueazure @Genghis khan1 @Baby Leone
Listen the first talk that why we have to go to IMF again and again.

Loans are not bad every country need money for development but what's important is to us ethem properly for more productivity and progress in which pakistani govt had failed miserably.

 

[m52k85]

If you want a strong 'Charter of Economy' it will have to be between the people of Pakistan, the political parties just give us what we want: subsidized electricity, no taxes, tea (even though we grow none), free jobs in SOE etc etc.

 

[Goenitz]

@Jf-17 block 3
If you like to merge your thread with this. Also, I will read your piece tomorrow.

 

[Goenitz]

@_NOBODY_ @JamD

 

[_NOBODY_]

@_NOBODY_ @JamD

The video can't be accessed.

 

[nahtanbob]

The real groundbase for a modern economy is an educated population that can use modern advancements and apply creativity and ingenuity to increase exports. That's one more thing that is missing from your chart above and probably the video as well. Today, entire countries have shaped themselves as a virtual Inc., for example, China Inc., Japan Inc. The country's government tries to structure society itself around exports. But when you have IMF dictating, you will keep struggling with cyclic debt.

I have this from someone here in Australia who has worked with the World Bank that Pakistan and Venezuela are the main revenue generators for IMF. These world powers intend to keep you subjugated. And they do this through compliant leaders.

This is rich. You acknowledge the need for an educated population. In the next paragraph you say "Pakistan and Venezuela are the main revenue generators for IMF".

@CriticalThought

 

[Goenitz]