Nothing new, right? It's Malaysia after all. It's Malays Inc Corruption at its best -- or worst. It has gotten worse, far worse, because the corruption, the pilfering, the lies -- the emptying of the state's coffers (what's left in the coffers) is the artful theft by the Malay elite at the expense of the vast majority of the Malay plebs who remain largely complacent, totally ignorant, even dumb, who think their god will save the day for them at some point, either on earth or in their dreamt-up paradise of the after-life. Which more or less explains why education in Malaysia has failed -- and failed miserably -- because education is sunk in racist Malaysia's politics, administered by incompetent Malays who are themselves poorly educated, who are placed in their roles on the basis if their race and political connections, while the Malay state, including this so-called Unity regime, headed by the false reformist and liberal-Malay, Anwar Ibrahim, has consistently nurtured the deepening nurture of Malay ignorance or dumb-down education that is internationally, totally worthless, so that the pilfering by the Malay elite can continue unabated.
One seriously doubts if any person -- all appear to be Malays -- who heads the Malay Inc state firms or GLCs, and those on the the firms' directors boards, are employable in the private sector or indeed in a international firm that actively competes in the global marketplace. (This is not to say MNCs do not also engage in business-political shenanigans.) But the near-total absence of powerful and independent regulatory bodies over not only private firms but also state firms, to put it simply, do not exist. The reason is just as simple: it is not in the express political and money interest the Malay state and its interlinked Malay feudal lords to deregulate the political economy. It is also not, as the French regulationist theorists would argue, in the Malay state's interest to re-regulate Malaysia's racist and corrupt political economy. Which more or less begs the question of how much relative autonomy the Malay state enjoys from the powerful moneyed interests (this includes the Malay capitalist class links to its domestic Chinese and Indian capitalist classes).
The example of Khazanah's business prowess has always been suspicious to this writer, as is those of Petronas (the state oil firm that has been routinely bailing out the Malay state's fiscal bottom line; a reminder of the similar role played in Indonesia by Pertamina), and the Malaysian state pension fund EPF and indeed KWAP and Tabung Haji. Malaysia is just over-crazily corrupt (as it is also over-crazily racist). So it comes as zero surprise that national income in Malaysia has suffered monumentally at the hands of incompetent Malays ruling the roost for their penchant for corruption to enrich themselves. It comes as zero surprise that not a single regime since 1957 has engaged in real fiscal or economic reforms, much less taxation reforms. Just as it comes as zero surprise that their investigative bodies in Malaysia, including the entirely corrupt Malay-dominated police force and the MACC, whose chief remains under suspicion of corruption himself, have thus far escaped full and proper scrutiny by independent bodies, which have also failed to be formed because the Malay state continues to thwart such moves.
The plague in Malaysia isn';t covid. The plague in Malaysia is Malay-based and Malay-run corruption and racism in its guise of so-called Islamism or seemingly in the guise of redistributive policies (specifically or specially for the Malay plebs) via the state's Malay socialism ideology that was born under the corrupt guise of the defunct from the start New Economic Policy. All Anwar Ibrahim can do, is doing and will do is follow the old precepts of his predecessors and make Malaysia not better but worse and worse.
Nothing new, right? It's Malaysia after all. It's Malays Inc Corruption at its best -- or worst. It has gotten worse, far worse, because the corruption, the pilfering, the lies -- the emptying of the state's coffers (what's left in the coffers) is the artful theft by the Malay elite at the expense of the vast majority of the Malay plebs who remain largely complacent, totally ignorant, even dumb, who think their god will save the day for them at some point, either on earth or in their dreamt-up paradise of the after-life. Which more or less explains why education in Malaysia has failed -- and failed miserably -- because education is sunk in racist Malaysia's politics, administered by incompetent Malays who are themselves poorly educated, who are placed in their roles on the basis if their race and political connections, while the Malay state, including this so-called Unity regime, headed by the false reformist and liberal-Malay, Anwar Ibrahim, has consistently nurtured the deepening nurture of Malay ignorance or dumb-down education that is internationally, totally worthless, so that the pilfering by the Malay elite can continue unabated.
One seriously doubts if any person -- all appear to be Malays -- who heads the Malay Inc state firms or GLCs, and those on the the firms' directors boards, are employable in the private sector or indeed in a international firm that actively competes in the global marketplace. (This is not to say MNCs do not also engage in business-political shenanigans.) But the near-total absence of powerful and independent regulatory bodies over not only private firms but also state firms, to put it simply, do not exist. The reason is just as simple: it is not in the express political and money interest the Malay state and its interlinked Malay feudal lords to deregulate the political economy. It is also not, as the French regulationist theorists would argue, in the Malay state's interest to re-regulate Malaysia's racist and corrupt political economy. Which more or less begs the question of how much relative autonomy the Malay state enjoys from the powerful moneyed interests (this includes the Malay capitalist class links to its domestic Chinese and Indian capitalist classes).
The example of Khazanah's business prowess has always been suspicious to this writer, as is those of Petronas (the state oil firm that has been routinely bailing out the Malay state's fiscal bottom line; a reminder of the similar role played in Indonesia by Pertamina), and the Malaysian state pension fund EPF and indeed KWAP and Tabung Haji. Malaysia is just over-crazily corrupt (as it is also over-crazily racist). So it comes as zero surprise that national income in Malaysia has suffered monumentally at the hands of incompetent Malays ruling the roost for their penchant for corruption to enrich themselves. It comes as zero surprise that not a single regime since 1957 has engaged in real fiscal or economic reforms, much less taxation reforms. Just as it comes as zero surprise that their investigative bodies in Malaysia, including the entirely corrupt Malay-dominated police force and the MACC, whose chief remains under suspicion of corruption himself, have thus far escaped full and proper scrutiny by independent bodies, which have also failed to be formed because the Malay state continues to thwart such moves.
The plague in Malaysia isn';t covid. The plague in Malaysia is Malay-based and Malay-run corruption and racism in its guise of so-called Islamism or seemingly in the guise of redistributive policies (specifically or specially for the Malay plebs) via the state's Malay socialism ideology that was born under the corrupt guise of the defunct from the start New Economic Policy. All Anwar Ibrahim can do, is doing and will do is follow the old precepts of his predecessors and make Malaysia not better but worse and worse.