TUN Dr Mahathir instead of focusing on improving the livelihood of the average Malay, had abandoned them and opted on a plan to empower just a group of Malay's instead.
HE has also messed up our history, to the extent nobody today will believe that the New Economic Policy created by Tun Razak, was not aimed at taking wealth from Chinese and passing it down to Malays.
THE objective of the NEP was READ :about building rural infrastructure and develop sustainable incomes for poor Malays through agencies like the People’s Trust Council, known by its Malay acronym MARA, which offers loans to Bumiputera entrepreneurs, and the Federal Land Development Authority, or FELDA,
THE wealth creation aspect never took place because under Dr Mahathir the agriculture sector, where the Malays were a dominant force was not an important aspect of his economic agenda.
BY ignoring the agriculture sector, the tradition Malay route where children would take over small farm holdings or follow their fathers in the fishing industry,was slowly killed off.
AS a result, graduate unemployment have been ising, and our country is no longer food sufficient, because the brightest Malay minds, who could have been contributing to this sector, were never really developed.
THE hammer in the Malay economic coffin was delivered by Dr Mahathir himself with the READ : New Development Policy , some time in.tbe early 1990's
THIS policy was directly responsible for creating Malay billionaires such as Tajuddin Ramli, Halim Saad, Amin Shah Omar Shah in the 1990's, because the Government was more keen to uplift a few Malays instead of the entire community.
AND when all those 1990's Malay billionaires failed before the decade was over, what did Dr Mahathir do?
HE eplaced them with the Government Linked Companies, where the elite class Malay's due to political consideration, were asked to manage these businesses instead of running it.
BASICALLY, only a few Malays benefit from the Government Linked Companies being in the economy.
THE majority of Malays have to curb any big business ambitious because the GLC has already taken their share, and place as well as destroyed Tun Razak's Vision For The Malays.
