The elitist-wealth cycle (“EW cycle”)

29 02 2012

Petikan dari RAPERA

 

The EW Cycle Will Impoverish the Average Citizens Further !!!

 

  • The majority have to go on working and slogging away in the system that clearly supports the elite few and will go on enriching them if the system continues to work the way it does now.   Wish that it does not have to be this way.
  • I wish that no one will be deprived the right to life in the wholesome and true sense of the word.  But I know that this is a childish wish because the reality is that the rich and the powerful will not want their status to change at all. The rich and powerful can no longer be that rich and powerful if the available resources are more equitably distributed among the people.
  • So to maintain the richness and the power, they will ensure that the resources are not fairly distributed.  They will also have to consider that as their family expands, they will have to increase the base of their power and their wealth. In order for this to happen, they know that they have to have greater wealth to spend to ensure that their wealth increases further. At the same time, they know that they must also increase their power so that with this power they can influence the ability to further increase their wealth and the power.
  • Most people have heard about the poverty cycle but almost none have discussed what I call the elitist-wealth cycle (“EW cycle”). The EW cycle keeps on perpetuating itself incrementally.  In simple language, wealth and power is used to create more wealth and power.  The downside of this EW cycle on the majority of the populace is that it displaces resources which are rightfully theirs into the hands of the elitist.  Let me illustrate this with a simple example – education.
  • While the elitist rich and powerful will not have to worry at all about the education of their children (nor even their children’s financial future), the majority of the populace will find themselves enslaved further to the system that supports the elitist.  Today for example, a young graduate of 23 years old will find themselves burdened with a study loan of RM25,000 to RM30,000.
  •  Imagine, you are 23 and you are already starting off life with a loan even before you earn.  To this, you have not even included the cost of living for “startup” and the car loan that you will eventually take. And also the housing loan. So, today, you will find that the young person will most probably start working for the bank all his life!
  • I believe that the study loan problem will not have arisen if the big bulk of the resources have not been taken away by the elitist few in the form of “projects”, leakages, corruption, economic rent (“duit buta”) etc which actually takes away the resources from providing free education and so on.  This is just one example to show how the income and “power” gap between the elitist few and the average majority will get wider through time.  In the process, we will end up having modern day landlord and peasants relationship, albeit that modern day peasants rents houses, flats and apartments! This is not even considering the many more who never even dream of owning a decent home.
  • It is sad that as long as the system continues the way it works today and the mindset of the majority is still in the “hopeful state” it is in today, the condition of the majority will only get worse and worse. The majority is still being fooled by “clever sounding solutions’ that do not address the root of the problem – equitable and transparent distribution of resources. By the time they realize it, they may be too weak or too weary to even think of reforming the system.

Actions

Information

2 responses

1 03 2012
orangair

“The rich and powerful can no longer be that rich and powerful” if those average men don’t suck up to them.
For the average men not to suck up to the rich and powerful, the countries’ resources must be be “more equitably distributed among the people”.
There always have been, there is, and there will always be this wide gap between the average and the rich and powerful. this makes the world turns but more in favor of the latter.
The rich and powerful will always use all available means to make sure they stay that way. In rare circumstances they fail.
The only circumstance they will fail is when they become reckless.

Tun Razak and Dr Mahathir never take education lightly.
Najib’s transformation must give enough attention to educating our young and less fortunate.
Our present education system is failing the country. Fortunately it appear that Muhyidin has developed realization over this.
Let’s hope that he has enough passion in changing it back to the way it should be. We had a system that worked; Anwar Ibrahim started screwing around with it.

2 03 2012
Snuze

I think it is also important that we stop funding the children of the rich to study abroad on the people’s dime. JPA and MARA scholarships should be not just about the merit, but also about the family’s financial and social background.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: