22 families of Pakistan and Nationalisation

I read somewhere that Bhutto took steps for nationalisation considering the fact that resources of the country were owned by only 22 families?

Is it true? Was that a successful agenda. We still see few big giants owning resources of the country?

Re: 22 families of Pakistan and Nationalisation

I heard that majority of these 22 families were Memon and Gujratis.

Re: 22 families of Pakistan and Nationalisation

I have never heard anything like this :hmmm:

Re: 22 families of Pakistan and Nationalisation

Its there. I got some material on this matter. Had to got help from a friend whose brother is writing thesis on ‘concentration of wealth in Pakistan’

Re: 22 families of Pakistan and Nationalisation

^ why dont you share then.

Re: 22 families of Pakistan and Nationalisation

i dont know :bummer:

Re: 22 families of Pakistan and Nationalisation

This a detailed article discussing the industries which were nationalised.

Impact of Nationalization on Pakistan’

This discussed the demotivation of investors due to nationalisation, which didn’t bring desirable results ‘extermination of concentration of wealth with few families’ as Bhutto did not work on Agricultural sector.. He could not becuase he himself was a big landlord and his party surviving todate due to these feudals.