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American Civil War

Re-establishing Business Morality

A system of free enterprise is meant to be just that, the absolute freedom for the citizens of the country to exercise in any enterprise of their choosing, within the laws of the land, without any hindrance from any quarter. As a statement of intention, the aforegoing is quite unambiguous and needs no elucidation of any kind, the qualification being manifest in the phrase “within the laws of land”. The creation of Pakistan embodied free enterprise as a prime working principle because the Hindu economic domination was so overpowering pre-1947, in undivided India it would have been translated into economic subjugation.