So,
53 years after the NEP was rolled out ostensibly to get rid of abject
poverty among the Malays and create a more level economic playing field
among the various races, we would expect more rags-to-riches stories of
Malays who benefited from the NEP.
Instead,
we are told of investigations into alleged corruption, and offshore
providers that were set up to manage shell companies and trusts in tax
havens around the world
Certain high-value assets have been seized,
questions have been asked about past acquisitions of various companies,
and the hundreds of millions of ringgits being used in dodgy deals and
allegedly to āfixā elections, by people in trusted positions of power.
More answers
are required about how certain public listed companies had been
acquired, as well as other compulsory acquisitions by the government.
Former prime ministers have allegedly misused their powers, ignored
our constitutional rights, and laundered money, while some super-rich
people are now taking legal action against their former political
mentors.
The Malaysia these greedy people created, most of whom are the main beneficiaries of the NEP, is falling apart.
The NEP created many millionaires and spawned many Ali Baba companies. These Malays didnāt gain any new knowledge, they just became skilled at living a lie.
They didnāt do any work but left it to the Chinese companies in their Ali Baba setup to manage the business and perform.
If
the NEP had been properly executed, many Malays would have been
motivated to work harder, grasp the many opportunities available and
become independent. The NEP would have ended as it should have, in 1990.
Institutionalised racism
Today,
the NEP is many decades past its sell-by date because selfish and
irresponsible Malay politicians have rebranded and repackaged the NEP,
perhaps under a new name, as long as the Malay majority is dependent on
the government and cannot compete fairly with the other racial groups.
Politicians
have also taken this opportunity to milk the rights and āspecial
positionā of the Malays to keep the affirmative action policies going
for as long as possible. The pretence of āprotecting the Malaysā and
ādefending Islamā are used.
In the past few years, some politicians said that the NEP should be needs-based rather than race-based, and yet, no action has been taken to put this in motion.
Few
politicians will admit the NEP is also an excuse for institutionalised
racism, and fewer still will agree that some elite Malays have become
more greedy and refuse to share their wealth, their knowledge and the
opportunities available, with their poorer cousins.
Although
the NEP has successfully created many middle-class Malays, this
āsuccessā also has its downside. During their pursuit of wealth, success
corrupted their morals.
Greedy Malays wanted to keep everything
for themselves. Money. Power. Property. Recognition. Pretty women. An
adoring public. Their social standing in the community.
Critics like me, who have been expounding the same anti-ketuanan
(anti-supremacy) and anti-NEP message for years, have little traction
with the public. The Malaysian psyche is such that the Malays,
especially, will only listen to members of royalty or eminent persons.
The NEP in its current form is not sustainable. It will not bring about economic growth, political stability or peace.
Only
you can force your MP to act and stop the rich from robbing the poor
and reduce the ever-widening income and educational gap. The super-rich
who became wealthy from ill-gotten means do not deserve our support.