It is disconcerting to see neoliberals in both Pakatan and the BN whole-heartedly welcoming Najib’s liberalisation of services. The DAP, MCA and Gerakan want liberalisation to be extended to other sectors; the MCA even mentioned national security and defence.
No one is saying there shouldn’t be competition in certain sectors. But we are proceeding with liberalisation [...]
Some 500 workers gathered this morning to observe Labour Day at Dataran Seremban.
This year’s theme is ‘Economic crisis: Save the workers, not the cronies’.
Civil society and workers groups are demanding:
a retrenchment fund with an initial contribution of RM0.5 billion from the government,
a stimulus package that really provides jobs for unemployed Malaysians,
discussions with banks to [...]
People are discovering what a rip-off neo-liberalism has been, observes financial economist and historian Dr Michael Hudson, in this interview “The way we were and what we are becoming” aired on 4 March 2009.
Click to listen (or download)
Blog reader KJ shares his thoughts with us:
Re liberalisation/de-regulation: I think the general literature is pretty clear on this that over the past quarter century or more liberalisation has meant de-regulation. It was said that over-regulation was the problem, hence the need to liberalise, i.e., de-regulate.
This should not be confused with competition and a competition [...]
They got it wrong:
the regulators who thought the liberalised financial sector would work just fine by itself, and
stock market pundits and the financial media who were giving the public a false sense of security ahead of the crash.
“I was shocked”: Alan Greenspan, a longtime ideological champion of free competitive markets and deregulation, admits under official [...]
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