All posts tagged: business standard

Capitalist Development Fattens the Cronies of the Government but Only Increases the Suffering of the People

Dhaka, the bustling capital of Bangladesh, was ranked first on the list of the slowest cities in the world, according to a new study that analysed traffic in over 1,200 cities in 152 countries. The study titled “The fast, the slow, and the congested: urban transportation in rich and poor countries” by the US-based National […]

Government is stealing the Hard-Earned Savings of the People by Printing Fresh Money without Real Asset backing; Only the Khilafah State’s Bimetallic Standard (Gold and Silver) can end Capitalism’s Monetary Hegemony

Bangladesh Bank created fresh money of more than Taka 500 billion in the July-December period in the name of budget support, the highest in recent history (The Business Standard, January 03, 2023), to compensate the money looted from the banks by the Capitalists elites. The default loans of the commercial banks have already reached Taka […]