But it is how these three have evolved over the passage of time, and particularly within Pakistan’s socioeconomic sphere, that is the subject of this enquiry; and a topic of much thriving academic speculation. Understanding the Modern (Global) Economic Shift Now that (old-school) colonialism does not really figure as a viable option for developing economies to boost their capital reserves — as was the case in preceding centuries (the capitalist model of economic configuration critically depends on the development of technology, the identification of new modes of production and markets, as well as the systemic ‘creation’ of new wants to stoke fiscal growth) – more and more countries are relying on the internet to pursue what has been termed as a ‘neo-colonial’, transnational form of economic entrenchment. The post-War ‘One World’ order, as promulgated by the US-led neoliberal political front, has certainly been blamed for resorting to this subtle mode of borders-dissolution to see to its worldly ascension; a censure that undoubtedly holds some merit in its foundations. At a time when the traditional economy and businesses have slowed globally and a significant degree of volatility exists within their functioning, it is digital businesses (the de facto, economically consequential, spawns… Read full this story
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