Friday, June 20, 2008

PKR : Choice Between Laisser-Faire Economy and New Left Economy



I agree with the Gov’s decision : Let the self-correcting mechanism in the market resolves the oil & food crisis in long-run because i believe that nobody can avoid from Adam Smith’s Invisible Hand. However, i don’t negate the people’s rights to hold a street protest. Thus, i support the existence of 6 July Protest, but NOT its goal : to against the Petrol price hike.

But what most worry me is the New-Left (or Populist) economics promoted by some Oppositions. For example, re-distribution of land and RM6k to give away to poor family. These ridiculous suggestions may help Pakatan Rakyat Coalition State Gov to gain their own political fortunes, surely will bring big trouble to Msia Economic in long-run. I don’t negate that the low income-Msians may suffer from Globalism. I sympathize the farmers from South Korea also. But i believe that only with the existence of Trade-free lead to upgrade our productivity and then resolve the shortage of Oil & Food supply in long-run. We should learn from the lessons in Mexico, Brazil and Argentina. Their stupid and populism Gov pampered domestic corporation with subsidy and protest them with trade barrier, despite the huge National Debt. As a result, central banks have no choice except create more money and then led to stagflation nationwide. Finally whole country was bankrupt! Thus, i prefer to Libertarian Economic than Keynesians’ Big Gov.

In Msia, i guess Anwar Ibrahim is an opportunate choice. In my view, Parti Keadilan Rakyat (PKR) is just like a Rojak, a centrist political party consists of various convictions. On the other hand, it encourages interparty democracry. That’s also the reason why i prefer to PKR than the radical Democratic Action Party (DAP). I hope Azmin Ali, an America educated-libertarian economist can keep a balanced relationship with Dr. Syed Husin Ali, the pro-left leader in PKR.

However, my confidence on Anwar Ibrahim shaked by his recent action. As a result, now i’m trying to understand PKR’s ideology : “ promoting social justice, economic justice, eliminating political corruption and human rights issues within o non-ethnic framework” and its Agenda Ekonomi Msia (AEM) first before i confirm my mind-set.
And of course, i’ll always continue to against the crony capitalism by Barisan Nasional (BN) with no doubt. In this sense, i match with the left-wingers’stand. But in principle, my view is completely contrary with them. Although i thank and cherish the contribution from left-wingers like Parti Komunis Malaya and Parti Buruh in building Msians’awareness, but this does not mean that i accept their point. I’m a right winger who pro-Kuomintang instead.


伟伦 - Believer of Pure Land (Sukhavati) Buddhist Sect
服膺三民主義的中華民國國民黨精神黨員
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