Representative democracy
“It should be noted upfront that economics – or, more precisely, the neoclassical branch of political economy – is not an objective reality. In fact, for the most part it is not even a scientific inquiry into objective reality. Instead, neoclassical political economy is largely an ideology in the service of the powerful....
Beyond populism
Singapore’s retention of the Internal Security Act’s (ISA) ‘detention without trial’ powers can be seen as delaying the process of national maturation. While Malaysia has decided on some form of repeal of its own ISA which it admits has been misused against dissidents, Singapore clings tightly onto its colonial hand-me-down. It...
Myth of productivity
The pile up of excuses to justify not giving wage increases for the bottom class and a weakening at the knees on freezing wages for the moneyed classes is becoming a case study in shifting narratives. And that is exactly what politicized economics (the only kind that has any relevance to us) does: It makes you a consumer, for...
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