IMF, World Bank, and the New Colonialism: Pakistan’s Economic Struggles- Br. Azeemuddin | Islam and the Subcontinent | Session 1 |
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IMF, World Bank, and the New Colonialism: Pakistan's Economic Struggles- Br. Azeemuddin | Islam and the Subcontinent | Session 1 | In this compelling discussion, Br. Azeemuddin sheds light on the modern form of economic colonization perpetuated by international financial institutions like the IMF and World Bank. Focusing on the debt trap that has ensnared countries like Pakistan, the speaker argues that these organizations have merely replaced traditional colonialism with economic domination, where nations are bound by crippling debts and forced to adopt policies that perpetuate their dependency on the West. The discourse critically examines the economic data of Pakistan, highlighting alarming statistics such as skyrocketing inflation, unsustainable debt, and a shrinking GDP, all of which contribute to the ongoing economic hardship faced by its citizens. Join Br. Azeemuddin as he calls for reevaluation of the capitalist framework imposed by these institutions and copels the listeners to look to Islamic economic principles for more just and sustainable alternative. Source: https://www.youtube.com/live/wU0DXh5hY58?feature=sharedAll-day conference with intellectuals, scholars, and activists to address the social, economic, and political issues of our time.