Economic Conservatism
Economic Conservatism

Economic Conservatism

News summary

Pakistan is facing significant economic challenges, including high inflation at 12.6%, a current account deficit of $464 million, and rising unemployment affecting 4.5 million people. Economists are advocating for a shift towards economic conservatism, which entails lower taxes and deregulation to stimulate growth and stability. Meanwhile, liberalism is also under scrutiny as it faces threats from rising authoritarianism, prompting advocates to emphasize its essential role in fostering fairness and equality. In the U.S., political culture has increasingly taken on a religious quality, with citizens portrayed as victims of a 'Deep State' confidence game that manipulates crises to maintain control. In the UK, anti-racist protests successfully outnumbered far-right rallies, signaling a public rejection of extremism despite ongoing tensions. These developments reflect broader global trends of political and economic unrest across various nations.

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