Tag Archives: elites

The Great Divide

By: Huzaima Bukhari & Dr. Ikramul Haq

The rich-poor divide has been increasing at an alarming rate in Pakistan as evident from a number of informative — though highly disturbing — studies conducted by the World Bank and the Centre for Research on Poverty and Income Distribution (CRPID).

According to latest figures compiled by the World Bank, Pakistan ranks most exposed to poverty risks among 43 countries, with the poverty rate jumping from 23.9 percent to 37.5 percent in three years. This, according to the World Bank, can be described as devastating.

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Behind ‘Rising India’

Behind ‘Rising India’ lies the surrender of national dignity

From India’s prime minister down, the rotten state of the world’s largest democracy has been exposed for all to see

Even the racketeers of Pakistani military and intelligence appear dignified when compared with the Indians stampeding to plant kisses on US behinds!

by Pankaj Mishra

Food prices become intolerable for the poor. Protests against corruption paralyse the national parliament for weeks on end. Then a series of American diplomatic cables released by WikiLeaks exposes a brazenly mendacious and venal ruling class; the head of government adored by foreign business people and journalists loses his moral authority, turning into a lame duck.

This sounds like Tunisia or Egypt before their uprisings, countries long deprived of representative politics and pillaged by the local agents of neoliberal capitalism. But it is India, where in recent days WikiLeaks has highlighted how national democratic institutions are no defence against the rapacity and selfishness of globalised elites.

Most of the cables – being published by the Hindu, the country’s most respected newspaper in English – offer nothing new to those who haven’t drunk the “Rising India” Kool-Aid vended by business people, politicians and their journalist groupies. The evidence of economic liberalisation providing cover for a wholesale plunder of the country’s resources has been steadily mounting over recent months. The loss in particular of a staggering $39bn in the government’s sale of the telecom spectrum has alerted many Indians to the corrupt nexuses between corporate and political power. …

Read more : guardian.co.uk