After making some real historical progress following independence, Pakistan has entered a period of pervasive social, economic, and intellectual stagnation, or perhaps even regression. The historic task placed before the people of Pakistan today, therefore, is to organise, mobilise, and struggle for economic independence, just as they did to win their political independence from British colonialism in 1947. This is not solely a task for Pakistan but for the entire Third World, which suffers from the grip of neocolonial international financial arrangements that destroy opportunities for economic development.