The end of neoliberalism and the rebirth of history At the end of the Cold War, political scientist Francis Fukuyama wrote a celebrated essay called “The End of History?” Communism’s collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and market economies. Many people agreed. Today, as we face a retreat …
Read More »Is the crisis of capitalism a crisis of democracy?
Is the crisis of capitalism a crisis of democracy? Globalization has many winners, but there are losers too, and they are taking to the streets around the world. The list of countries where there is unrest spans the globe: Hong Kong, Lebanon, France, Chile and Ecuador. These protests all have similar roots: In Lebanon a tax was supposed to be …
Read More »Prolonged TV Watching How it impacts your physical and mental health
Prolonged TV Watching How it impacts your physical and mental health Muhammad Atif Sheikh While a training session on effective communication skills was being conducted, the participants seemed a bit tired. Upon seeing this, the trainer asked them all to stand and raise their arms parallel to the chest. When everyone did that, the trainer held his left elbow in …
Read More »Need to Sustain Paris Pact after US Exit
Need to Sustain Paris Pact after US Exit The United States initiated the process of leaving the Paris Agreement, notifying the United Nations, on November 04, of its withdrawal from the landmark climate deal. Under the current rules of the Paris Agreement, the earliest date that the US would be able to exit the accord would be 5 November 2020, …
Read More »Word Problems
Word Problems Q1. Two angles are complementary. If one of the angles is double the other angle, find the two angles. Ans: 30° and 60° Q2. Two angles are complementary. If one angle is two times the sum of other angle and 3, find the two angles. Ans: 62° and 28° Q3. The measure of an angle is ¾ of …
Read More »Shoring up the Export Front
Shoring up the Export Front Aftab H. Wahla For every economy, whether an advanced or a developing one, exports play a determinant role in bridging – or widening – the trade deficit, and it is directly associated with Current Account Deficit (CAD). In case of Pakistan, management of CAD has direct bearing upon the country’s foreign exchange reserves, stability of …
Read More »GK Snippets Laffer Curve
GK Snippets Laffer Curve The Laffer curve shows how tax revenues change when the tax rate is either increased or decreased. Typically, it has an inverted-U shape. The Laffer curve, popularised in 1974 by economist Arthur Laffer in a discussion with former U.S. President Gerald Ford, is often used to bolster the argument that high or increasing tax rates will …
Read More »Discover the Power of TV!
Discover the Power of TV! World Television Day 2019 Atif Sheikh “The problem with television is that the people must sit and keep their eyes glued on a screen; the average American family hasn’t time for it…for this reason, if for no other, television will never be a serious competitor (to radio).” This was the commentary New York Times made …
Read More »Need to Re-invent the Soft Power of Pakistan
Need to Re-invent the Soft Power of Pakistan Mian Majid Ali Afzal Soft power is associated with the rise of globalization, technological revolution and neoliberal international relations theory. However, it is not merely the application of non-traditional instruments such as culture and commercial goods, rather the fulcrum on which the principles of soft power stand are society, institutions and policies to attain state objectives. Similarly, all …
Read More »10 Richest Countries in the World
10 Richest Countries in the World As more wealth is created in the world, more of it is concentrated among the richest people in the richest countries. The combined gross domestic product of countries adds up to $116.7 trillion. …
Read More »