Too much is at stake


There is a flourishing accord which you cannot concede things to carry upon as they have been if you wish to prevent a nation from plunging in to an abyss, writesAnil Netto.
This coming general choosing promises to be a watershed in a country's history. There is a flourishing accord which you cannot concede things to carry upon as they have been if you wish to ! prevent a nation from plunging in to an abyss.
Here's what is during stake: We all know a jot down upon corruption has been abysmal. That billions of ringgit have been lost is common believe in coffee shops a length as well as extent of a country.
Thus distant you have been saved by a abounding natural resources especially oil. But a oil is running out now. Unfortunately, a fat cats have not stopped feeding from a trough.
The opportunity costs have been tremendous. Ours could have been a land of milk as well as honey though alas, a minority especially a cronies as well as well-connected politicians have grown fabulously abounding whilst a a outrageous number of workers toil away during low wages. These salary have been further suppressed by middlemen importing migrant workers, most of whom have been paid even lower salary in return for working even longer hours.
Neo-liberal policies have worsened a situation. Privatisation as well as corporatisation have forced Malaysians to pay some-more for services education, illness care, utilities which had formerly been provided giveaway or during little cost. The neglect of food prolongation has ! led to h igher food prices. And after a general election, you can expect GST, an physical phenomenon tariff hike as well as a probability of national illness insurance premiums (while go! vernment spending upon open illness caring stays miserly).
Not surprisingly, a opening between a abounding as well as a bad has grown wider over a years, as well as this may have contributed to all kinds of amicable problems (Richard Wilkinson, The Spirit Level). The latest turn of civil use pay rises, right away held back for review, aggravates this trend.
Our economic indicators have been worrying. Household debt has soared as typical Malaysians struggle to cope with aloft prices using easy credit from credit cards, housing loans as well as car loans. Meanwhile, a country's outmost debt stands during RM296bn as well as a central government debt during RM441bn as well as rising. Not only that, you have been faced with persistent mercantile deficits.
How long can those entrusted with running a nation continue to keep pier upon debt? That hasn't stopped them from dishing out some-more as well as some-more cash ahead of a general election.
Let's not dont think about a horde of reforms needed! in a wh ole operation of institutions which have been supposed to be eccentric as well as veteran though quite frankly have been not. We also need to get absolved of all rough laws as well as unleash a creative potential of a diverse communities of Malaysians instead of worsening a brain drain through ill-conceived or discriminatory policies.
Too most is during stake. Malaysians contingency wake up as well as stop a debase prior to it's too late.
Anil Netto is honorary treasurer of Aliran.
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