Political Leadership: An obsolete Concept (Part 2) In our article of dated 11 th April 2023, " Political Leadership: An obsolete Concept (Part 1) ", we discussed all around failure of Political Governance and Leadership and established the fact that both capitalism and democracy, led by political leadership are the two sides of one coin. In this article we will re-examine the basic principles of present day economy which is the mother of capitalism and political leadership. According to Wikipedia, the definition of economy: “An economy is an area of the Production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political struct...