Inspired by the analytical frameworks of J. Bradford DeLong in
Slouching Towards Utopia, this work extends and deepens the critique by arguing that what contemporary capitalism lacks is
cultural anchoring. Global prosperity, achieved through technological revolutions and financial liberalization, has not prevented the emergence of identity politics, political polarization, or institutional fragility. In Pakistan, India, the United States, and beyond, wealth has grown while social cohesion has frayed. Dr. Mamoon brings to this conversation a unique perspective: one grounded in Pakistan's complex economic and cultural evolution since the 1980s. He shows how liberalization without identity integration creates backlash; how periods of economic stability coincide with cultural clarity; and how national development must emerge from cultural legitimacy rather than imposed abstraction. Together, Dr. Mamoon and Chat GPT present a new vision of capitalismone where markets are embedded in society, where financial innovation respects local values, and where growth is judged not only by output but by dignity, belonging, and shared meaning.
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