The most chanted term with economy, now-a-days is "default". Along with the economy, political and social defaults can also happen in countries like Pakistan. Economic default, if happens, can be reverted with the help of friends, government or international financial institutions within months, if not days. However, political default alongwith ethical default is a point of no return. Humane ethics are developed in human beigns over the course of millinias and it usually takes generations to develop a democratic political culture. The political termites of Pakistan are eating away the political culture of Pakistan. Vested interests of politicians, lack of accountability, politicised institutions, political engineering, governance crisis and degrading economy are taking Pakistan towards political as well as economic default. Moreover, the rotten threads in social fabric are damaging the whole social structure. The hope for the economic recovery is dying. Social and political c...
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