A Palestinian journalist, Muhammad Smiry, wrote in a post on X, “No universities left in Gaza.”
In a video accompanying his post, a large plume of smoke and explosions can be seen in the distance from a building the video said was the Al-Azhar University in the enclave.
Over a century after Pareto’s observation, the Global South remains trapped in a cycle of concentrated wealth and entrenched class divisions that shape its social and economic realities.
While it does give the privatisation authorities a much-needed head-start, it will not be sustainable unless preceded by policy and regulatory reforms.