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YOURSAY | NEP: A noble idea still being abused 50 years later


YOURSAY | NEP: A noble idea still being abused 50 years later
Modified12:20 am
Existential Turd: A noble idea without accountability as well as effective checks and balances is just an open invitation to abuse. And the New Economic Policy (NEP), along with all its iterations, was abused.
Several observations can be made. Implementation-wise, the NEP only benefited the well-connected. Maybe some marginal benefits went to those who deserved it, just to give the policy some semblance of respectability.
But the well-connected control all the channels of dissemination of benefits. The poor received some help and they were fed propaganda that if they chose a more meritocratic way of doing things, they would not even receive the meagre help they are getting. So they keep electing the same people who exploit them, general election after general election. ....

Muhammed Abdul Khalid , Mont Kiara , Najib Abdul Razak , Safwan Saleh , Rosmah Mansor , King Kong , New Economic Policy , Economist Muhammed Abdul Khalid , Ergo Sum , முஹம்மது அப்துல் காலிட் , மாஂட் கியார , நஜிப் அப்துல் ர்யாஸக் , கிங் காங் , புதியது பொருளாதார பாலிஸீ , பொருளாதார நிபுணர் முஹம்மது அப்துல் காலிட் , அர்கொ தொகை ,