Connect with us

Entertainment

Capitalism reborn – again

Published

on

Capitalism reborn – again


A child lines up in a queue for food. — Reuters/File

“An Unequal Future: Asia’s Battle for Life and Power”, Oxfam’s recent release reveals an entire continent in the grip of unprecedented inequality — with Pakistan at its epicentre.

The economic and political model of the country, and therefore also its response to climate change, is constructed in such a way as to make a few spectacularly rich at the top while keeping the rest in poverty, informal work and dependence.

The wealthiest 10% of South Asians own approximately 77% of income and wealth, whereas the bottom half live on a meagre amount of 12–15%. This is the Pakistan of today, in which the old-established nobility has been replaced by political dynasties, an army combine and corporate barons.

More than 80% of the workforce works in what is known as the informal economy — without contracts, without protection. The poor are massively taxed by inflation through skyrocketing prices of food and fuel, but the rich have immunity, concessions and an untouchable agricultural tax shield. The tax-to-GDP ratio is under 10%, among the lowest in Asia, and inequality is built into the system.

The hidden constitution of Pakistan is its foreign debt. By 2022, debt owed to Asian developing nations reached an estimated $443 billion, of which Pakistan’s share has led to brutal cuts in health, education, and social protection. More than 42% of Pakistanis today fall below the poverty line, and every IMF-imposed “reform” plunges millions more into suffering.

Debt servicing outstrips what is spent on schools and hospitals, mortgaging the future of the nation to creditors and local elites. Austerity, in reality, is a war against the poor.

The climate crisis is amplifying this injustice. The floods of 1998 and this year submerged the lives of 33 million Pakistanis, but assistance afterwards largely materialised in the form of fresh loans. According to Oxfam, low-income countries such as Pakistan currently spend about twice their entire allocation for climate finance on debt service. The wealthy pollute and the destitute drown.

The richest 1% of people in South Asia produce 17 times more carbon than the poorest half. In Pakistan’s fortified suburbs, energy-guzzling mansions and fleets of SUVs are the symbols of climate apartheid: Those most responsible for global warming pay more to get away scot-free; farmers lose their land while women walk farther for water; families in mountain villages liquefy as glaciers melt into rivers now too wet or too dry.

Inequality also extends to technology. In Asia, 83% of people living in urban areas are online; the figure is 49% for those residing in rural settings and Pakistan does worse. The internet is still available only in cities and select privileged schools, while slow speeds and high data prices continue to exclude millions.

The 2023 internet blackout alone cost $17 million, ruining livelihoods for freelancers and small traders. For the poor, disconnection is exclusion from education, jobs and even state welfare systems, now digitised but inaccessible.

Women are also the heaviest “price” that this order has been able to exploit.

They do as much as four times more unpaid care work than men and are 41% less likely to use mobile internet. Oxfam calculates that full female participation in the labour force could boost Asia’s gross domestic product by $4.5 trillion a year, yet patriarchy in Pakistan keeps women landless, voiceless and disposable. When the pain of an economic or climate shock needs absorbing, it is women — particularly in Sindh and Balochistan — who take up that burden.

The report warns that rising inequality is undermining democracy throughout Asia. In Pakistan, plutocracy reigns. Billionaires are served by politicians, business empires are run by uniforms and spoils are brokered by bureaucrats. Every regime, whether civilian or military, defends the same class interests. “Stability” and “investment confidence” always refer to maintaining elite control while the working poor are deprived of welfare and rights.

Elections change faces, not fortunes. Surveillance spreads as civic space closes. Even education and access to the internet have become privileges —conditional on submission.

The way forward for Oxfam should be obvious: progressive taxation, universal health and education and social protection schemes for informal workers. A 60% tax on the top 1% and a 2–5% annual wealth tax could pay for needed services and climate adaptation. But Pakistan’s ruling class would not stand for redistribution that cuts into their privileges.

A skyline of luxury towers has sprouted alongside thirsty neighbourhoods, and hundreds of thousands of bonded peasants in Sindh still toil for landlords fluent now in the language of “green growth”. This is modern slavery.

Pakistan’s misfortune isn’t scarcity but theft. Its forests, rivers and workers provide for the state but don’t have a voice at the table. If privilege is not disrupted, and public systems are not rebuilt, the nation will continue to be an economy of masters in designer suits served by slaves in rags.

Yet hope endures. Valuing education, healthcare and connectivity as public rights could begin to reverse the downward spiral. Climate justice begins at home: Stop pollution for profit and direct resources toward those rebuilding from ruin. The question is simple but determining: will Pakistan continue as a citadel of privilege or become a republic of equals?


The writer is an expert on climate change and sustainable development and the founder of the Clifton Urban Forest. He posts @masoodlohar and can be reached at: [email protected]


Disclaimer: The viewpoints expressed in this piece are the writer’s own and don’t necessarily reflect Geo.tv’s editorial policy.




Originally published in The News





Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Perry Bamonte, guitarist for The Cure, dies after “short illness” at 65

Published

on

Perry Bamonte, guitarist for The Cure, dies after “short illness” at 65


Perry Archangelo Bamonte, longtime guitarist and keyboardist for the influential goth band The Cure, has died. He was 65.

The band announced his death on their official website on Friday.

“It is with enormous sadness that we confirm the death of our great friend and bandmate Perry Bamonte, who passed away after a short illness at home over Christmas,” the band wrote.

“Quiet, intense, intuitive, constant and hugely creative, ‘Teddy’ was a warm hearted and vital part of The Cure story,” the statement continued. “Our thoughts and condolences are with all his family. He will be very greatly missed.”

Bamonte worked with the band in various roles from 1984 to 1989, including as a roadie and guitar tech. He officially joined the band in 1990, when keyboardist Roger O’Donnell quit. It was then that he became a full-time member of the group, playing guitar, six-string bass and keyboard.

Perry Bamonte of The Cure performs at Riot Fest 2023 at Douglass Park on September 17, 2023 in Chicago, Illinois. 

Barry Brecheisen/WireImage


Having joined just after the band’s mainstream breakthrough, 1989’s “Disintegration,” Bamonte is featured on a number of The Cure’s albums, including 1992’s “Wish” – which features the career-defining hits ″Friday I’m in Love″ and “High” – as well as the 1996’s “Wild Mood Swings,” 2000’s “Bloodflowers” and 2004’s self-titled release.

Bamonte was fired from The Cure by its singer and leader, Robert Smith, in 2005. At that point, he had performed at over 400 shows across 14 years. Bamonte rejoined the group in recent years, touring with the band in 2022 for another 90 gigs.

In 2019, Bamonte was inducted into the Rock & Roll Hall of Fame alongside the rest of The Cure. He joined The Cure on their North American tour in 2024 when the band reduced tickets to as low as $20 after pledging to make the shows affordable for fans following complaints about exorbitant fees.  Lead singer Robert Smith said at the time he was “sickened” by the Ticketmaster fee debacle. 

His last performance with the band was on Nov. 1, 2024 in London for a special one-off event to launch their latest album and first in 16 years, “Songs of a Lost World.” The concert was filmed for “The Cure: The Show of a Lost World,” a film released in cinemas globally this month. It is also available to purchase on Blu-ray and DVD.



Source link

Continue Reading

Entertainment

Melissa Gilbert ends long rivalry with familiar face from past

Published

on

Melissa Gilbert ends long rivalry with familiar face from past


Melissa Gilbert ends long rivalry with familiar face from past

Melissa Gilbert reunited with her old Little House on the Prairie co-star Melissa Sue Anderson after many years apart.

The two actresses, who played sisters Laura and Mary Ingalls on the show, shared heartfelt moment over the weekend.

Gilbert posted a photo of them together on social media, saying that the meeting was full of laughter, tears and long talks that helped them heal old wounds.

The actress explained that their past disagreements are now behind them and that they could finally enjoy the friendship they always wanted.

However, fans quickly reacted online, sharing their happiness and excitement over the reunion.

In earlier interviews, the animated Batman star talked about the tension she and Anderson faced during the show, describing fights and misunderstandings while filming.

Despite those challenges, time and reflection helped the actresses reconnect.

The reunion also came after Gilbert and fellow co-star Dean Butler paid tribute to their late friend Michael Landon.

Landon, who played Charles Ingalls on the series, was like a father figure to the young cast.

Gilbert and Butler used the moment to raise awareness about pancreatic cancer, the disease that took Landon’s life.





Source link

Continue Reading

Entertainment

Jack Black recalls his embarrassing job before acting

Published

on

Jack Black recalls his embarrassing job before acting


Jack Black recalls his embarrassing job before acting

Jack Black reflected on the time when he was not an actor and was pushing through one day at a time.

A Minecraft Movie star made an embarrassing confession about his life before coming in limelight.

Sitting down with his Anaconda co-star Paul Rudd on Rotten Tomatoes, they interviewed each other, where Paul asked him about if he had any jobs before acting.

“Oh my God, this is a shameful answer. I never had a job,” Black said.

Black then recalled one job that he briefly held: “I did one day of telemarketing and I didn’t make one sale, and I was like, ‘I can already tell my soul is being sucked.’ And I bailed, and I made a decision right then and there.”

“It was like, ‘It’s showbiz or bust. I’m going all in on acting or music, and if I can’t do it I’ll just live at my mom’s,’ ” he said. “I know that just sounds [weird]. I had no plan B, no backup.”

Anaconda stars Black and Rudd alongside Steve Zahn and Thandiwe Newton as a group of amateur filmmakers traveling to the Amazon jungle to reboot the original movie.

Jennifer Lopez and Ice Cube, who co-starred in the original 1997 movie, also made surprise cameos in the film.

Anaconda is now running in cinemas.





Source link

Continue Reading

Trending