challenges of free market economy | hammad siddiqui
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Countries in South Asia face complex challenges in implementing the concept of Free Market Economy.TRANSCRIPT
Promoting Free Market Philosophy in Pakistan The Role of the Alternate Solutions Institute
Hammad Siddiquihttp://hammadsiddiquiblog.com
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Confusion!
A market economy based on supply and demand with little or no government
control
As a nation, we are stuck in wrong debate!
It’s simply about
Right & Wrong
Truth & Lie
Transparency & Concealing
Being Ethical or otherwise
Control Private Sector Syndrome
Over Regulations Lead to?
Corruption
Resources – Corruption= negative growth
Business is not Government’s Business!
But our government is competing with Private Sector:• Transport• Supplies• Healthcare• Education• SportsOnly one area where they should be competing is
Providing Security Services
Businesses Face Unfair Competition
Regulation without Proper Homework!
Pakistan Has A Free Economy
Media Regulations Company Regulations Stock Market Regulations Drug Price Regulations Selling Regulations Education Regulations Labor Regulations Power Price Regulations
Action refers to examples
Over environment teaches us:
Result – Indecites
Key Reasons
Visionemia
Blamearia
Possible Remedies
Keep generating debate around the topic.
Engaging reform oriented parliamentarians.
Helping private sector understand the importance of free economy.
Engaging educated youth in such debates.
Promoting Social Entrepreneurial culture
Social Enterprises
Coffee Shop Gurus
The OneRupee Project
But how?
MEDIA which media?
That is engagingThat is viralThat is real-time
What is the medium for engaging people from 18-35 and beyond?
Even Traditional Media Uses Social Media!
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IF YOU ARE NOT ON SOCIAL MEDIA
You Do not Exist!
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