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EDITORIAL— CONJURING UP A DIVERSION

CONJURING UP A DIVERSION Rasheed Hasan Khan The specter of an oppressive budget is haunting Islamabad. Three years down the road, the government is clueless and beset with what appears to be a case of terminal inertia in regards to the numerous serious problems confronting the people of Pakistan. These wise men have not been … Continue reading

IS CAPITALISM DYSFUNCTIONAL?

IS CAPITALISM DYSFUNCTIONAL? ABDUL GHAFOOR KASI Capitalism is also known as market economy. According to Adam Smith 1776, in his book ‘The wealth of nations’ he gave characteristics of capitalism, being: Private property; freedom of enterprise; freedom of economic choice; self-interest; competitive market system. Though all the characteristics have vital role in market economy, the … Continue reading

CAPITALISM AND CLASS STRUGGLE– James Petras

CAPITALISM AND CLASS STRUGGLE James Petras Introduction The class struggle continues to play a central role in the process of capitalist accumulation, albeit it takes different forms depending on the socio-economic context.  In order to map out the unfolding of the class struggle it is necessary to specify key concepts related to the (a) varied … Continue reading

CAPITALISM – AN OBSOLETE SYSTEM?

CAPITALISM : AN OBSOLETE SYSTEM ZAHRAH MOLOO Can you tell me very briefly what your book Ending the Crisis of Capitalism or Ending Capitalism? is about? The title of my book is indicative of the intention. The title, in a provocative way, is Ending the Crisis of Capitalism or Ending Capitalism in Crisis? As you … Continue reading

THREE CUPS OF TEA

The US Swallowed These Cups of Tea to Justify Its Imperial Aims by Madeleine Bunting In the mid-90s an American nurse, Greg Mortenson, was sleeping in his car to save rent so he could fulfil a promise he made to build a school in remote northern Pakistan. Fifteen years later, his book of his epic … Continue reading

WORSHIPING THE SACRED PIG

    Worshiping the Sacred Pig   by John Feffer Washington is a slaughterhouse these days, as politicians from across the political spectrum take their knives to the budget. Going under the blade are dozens of social programs that provide food for low-income women and children, energy assistance to folks who can’t pay their heating … Continue reading

TWILIGHT OF CAPITALISM ?

The Twilight of Capitalism? by Chris Maisano In recent years, radical geographer David Harvey has emerged as one of the leading theorists and popularizers of Marxian political economy in the English-speaking world. In books such as The New Imperialism and A Brief History of Neoliberalism, as well as his popular online courses in Volume I … Continue reading

HISTORY OF PROGRESSIVE WRITERS ASSOCIATION

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