A similar crisis to that of Sri Lanka, but with a different public reaction—a path to great tragedy
The July inflation rate was over 20% last week, according to data. This statistic gives concrete evidence of a trend that middle- and low-income households have been experiencing over the past four years. Although more current Labour Force Survey wage data are not yet available, it is safe to assume that people's incomes have not kept up with this inflationary pressure.
The prognostications for the upcoming
years seem rather bleak. Macroeconomic scholars generally agree that nations
like Pakistan will find it difficult to resist the pressure brought on by a
rising currency. The domestic economy's irregularities—rent-seeking industries,
shaky agricultural markets, and meagre exports—will take their toll. Over
the coming years, households that are currently experiencing a severe financial
crunch will continue to do so.
The Pakistani context is familiar with
all of this. Over the past three decades, there have been many brief boom times
followed by protracted busts and difficult adjustments. The only thing that has
changed is that it seems like booms are getting shorter and busts are getting
sharper and more frequent.
Something needs to give in a situation
like this, where inflation depletes people's salaries, making future planning
difficult, and forcing them to make pitiful trade-offs between food and school
fees. How is it possible for the political climate to resist strong societal
pressure? However, the public has not expressed the same level of
fury as we have lately seen in Sri Lanka or other suffering nations, despite
the fact that the country has seen stagnant growth and underwhelming human
progress over the previous few decades.
All of this is not meant to imply that
such outbursts of rage are automatically advantageous or even good in the grand
scheme of things. Just that political assertion by those who disproportionately
suffer from a faltering economy seems to be much less common in Pakistan.
Political economist and activist Aasim Sajjad Akhtar has written two books that
address the issue of "relative acquiescence" and "resignation
towards circumstances" among the general public.
The first book, The Politics of Common
Sense, which was released in 2018, made the case that since the 1970s,
transactional favours given out by regional elites have been sufficient to keep
the masses in check. Examples of how Pakistan's political system handles local
pressure include the sporadic development projects for a neighbourhood or a
hamlet, the employment handout, the preferred contract, and the mediated negotiation
with state officials in the judicial and policing system. Where necessary, the
Pakistani state utilises religion to coerce compliance or uses force, as we've
regularly seen against demonstrating workers and others who call for rights for
their own communities, usually in the country's outlying areas.
Aasim Sajjad Akhtar addresses this issue
in his most recent book, The Struggle for Hegemony in Pakistan, which is
probably more provocative and focuses on the world of ideas and culture. What
has been marketed to the general public in Pakistan that permits the existing
situation to persist in the manner that it does?
Religion and nationalism with religious
overtones are frequently cited as solutions, but the reality is that
governmental propaganda has never been universally accepted. Local customs,
opposing orthodoxies, and even alternate definitions of what it is to be a
Pakistani have long challenged it. Instead, Pakistanis have
been addicted to the idea of consumption and the notion that a more economically
gratifying life is conceivable through a more commodified economy over the
course of the previous 40 years, propelled by neoliberal globalisation. The
emergence of private electronic media, followed by the rise of social media,
has been its main pillars, and Akhtar refers to this as the "selling of
desire" to the urban and peri-urban masses.
It is extremely simple to understand how
this notion of a pleasant life centred on consuming enters people's minds. In
the last two decades, mass marketing and advertising, particularly around
lifestyle-oriented consumption, have risen tremendously. The
monetization of rural land through real estate schemes, which use extravagant
branding and fake images designed to simulate major cities, has been the
pivotal factor in this transformation.
The main takeaway is that by investing
in these projects, you can eventually lead a lifestyle similar to that of
Dubai. One of the most important aspects of this story is how the majority of
such projects, like the DHAs of the world, that are created are beyond of reach
for the majority of middle-class households. Akhtar claims that a darker aspect
of the situation—the systematic and usually violent eviction of marginalised
communities, particularly in remote areas—complements this selling of desire.
The experience of Pakistanis across wide
geographic areas illustrates the shadowy side of aspiration, from the war-torn
northwest to ecological disasters along the river Indus. It demonstrates how
even when a select few succeed, it is frequently at the expense of a great
number of people. And in many instances, these other groups are marginalised
ones, including vulnerable gender groups, ethnic minorities, and religious
minorities.
A response can occasionally be seen in
the form of opposition being mounted by marginalised groups. It uses
terminology associated with ethnic rights, religious activism, or calls for
greater gender equality. However, these early answers have so far
been unable to dismantle the larger inequity framework that continues to sell
some people's ambitions at the price of many others.
What is certain, however, is that this
paradigm cannot continue as long as people continue to buy into it on a
political level and economically, when inflation makes it impossible for people
to to afford basic necessities, let alone to have ambitions for the future.
Comments
Post a Comment