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In this episode of Pods by PEI, Nirjan Rai and Saumitra Neupane sit down with Professor Alok Bohara to examine the deep-seated institutional fault lines in Nepal. Moving beyond the March 5th election cycle, we explore the "Extraction-Control Nexus" and the intergenerational shift currently disrupting the status quo. A vital discussion on why Nepal needs structural guardrails, not just new representatives. Key Topics in this Episode: The "Wealth Pump" economy and elite overproduction. Why Nepal’s democracy has collapsed three times since 1990. The difference between "weak ties" and "strong ties" in youth movements. Moving from election predictions to institutional accountability. About the Guest: Dr. Alok K. Bohara is a Professor Emeritus of Economics at the University of New Mexico and the founding director of the Nepal Study Center. He is the author of "Nepal Unplugged" on Substack, where he provides systemic frameworks for Nepal’s political and economic challenges. Chapters: 0:00 - Introduction: The March 5th Context 02:45 - Meet Professor Alok Bohara 05:30 - The Three Types of Inequality in Nepal 09:15 - Why the System Keeps Collapsing 14:20 - Field Observations: Digital vs. Physical Campaigning 18:45 - The "Wealth Pump" and the Extraction-Control Nexus 24:10 - Gen Z as an "Emergent Phenomenon" 30:50 - Weak Ties vs. Strong Ties: How the Youth Disrupt 36:15 - Beyond the Election: Building Institutional Guardrails #NepalPolitics #GenZ #NepalElection2026 #PolicyEntrepreneurs #AlokBohara #Governance