Everyone knows that the Pakatan is trying to promote greater accountability and transparency. In terms of its Malaysian Economic Agenda, it wants to help those in need.
But beyond that, we know little about its economic orientation. How much will it rely on the open market and how much on state intervention. What kind of mix? Anwar has said he believes in a high-growth market economy tempered with humane social policies. Capitalism with a human face, perhaps…
But then, there are all kinds of people in Pakatan – from Pas folks, whe are aiming for a welfare state to the corporate boys in PKR to the socialists like Nasir and Jeyakumar. Whose views will prevail? Or will they reach some sort of happy equilibrium?
At the end of the day, will they be beholden to Big Business in their economic orientation? Or will they promote more people-centred policies that promote social justice and sustainable development to benefit the common folk?
POLITICS-MALAYSIA: Equitable Distribution of Wealth – The Challenge
By Anil Netto
PENANG, Apr 27 (IPS) – With Malaysia’s opposition pact in the ascendancy after stunning gains in a general election last month, some are wondering how different their economic policies are likely to be if they do wrest power, as many expect them to do, eventually.