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> SG SMU Lecturer gave all his 169 students A grade, Where can we find such Lecture in Uni?

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MAGAMan-X
post May 25 2019, 10:42 AM

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Fuwah Singapore also got quota man! Let's follow!
MAGAMan-X
post May 25 2019, 11:15 AM

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QUOTE(KLthinker91 @ May 25 2019, 11:02 AM)
Lol

Orang meritocratic tak nak ikut, orang tongkat mau ikut

This is nothing to do with tongkat or quota, jangan ingat dunia ni bodoh, malas dan tamak macam Malaysians
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Meritocracy is racist!! Capitalism is racist!!!

Let's go with socialism, Communism or feudalism! Those are the best systems there is, look at how awesome Russia and China has become because of Communism!
MAGAMan-X
post May 25 2019, 11:28 AM

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QUOTE(KLthinker91 @ May 25 2019, 11:25 AM)
Ironically we are basically a socialist country

We have all the hallmarks of a Communist system but Malaysia style, that is justified with religion
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We're a capitalist country la, govt has to spend money to acquire companies that eventually becomes GLC, not GCs. that's why we're so racist.
MAGAMan-X
post May 25 2019, 11:48 AM

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QUOTE(KLthinker91 @ May 25 2019, 11:45 AM)
In a Communist country, the Govt runs the economy via it's GLCs. Economy is mainly decided by Govt decisions which industry to invest in, and the leaders of the industry are usually GLCs. There are few major 100% private players in the market.

Sound very familiar?

Unlike a capitalist country where a Govt has a more hands off approach, of course it does have policies which nudge the country one way or another, but it would not have such a major direct hand in investment etc.
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In commie country, govt OWNS the company, not link with company. The only way for govt not to own the company is if you jilat some commie leaders didi, give him a shitload of under table money, and maybe even allow them to tiap your wife then you get to own your own company.

MAGAMan-X
post May 25 2019, 04:06 PM

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QUOTE(KLthinker91 @ May 25 2019, 11:59 AM)
All of which is very familiar too no?

Our Govt does have significant holdings through MOF. Who controls (or at least is the dominant player) in the rice industry? Agriculture? Car? Heavy engineering? Defence? Telecoms? Not to mention the obvious - petroleum.
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Govt dipping its finger into some industries does not make it a socialist economy. Most businesses are privately owned. You're making the mistake of thinking the exception is the rule, it is not. E.g: just because there's Obamacare does not mean the US is a socialist country. Get it?
MAGAMan-X
post May 25 2019, 04:44 PM

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QUOTE(KLthinker91 @ May 25 2019, 04:40 PM)
Sure

But the question of whether an entity is capitalism vs socialism is not absolute; it is measured in degrees. A capitalist market is not 100% free, nor is a socialist market 100% command

Even the USSR at the very height of Communism obviously had some small degree of capitalism - there was still a system of buying and selling and investment in small mom and pop businesses

And even the USA, arguably world leader in free market capitalism, has some Govt owned businesses such as the infamous Freddie Mac and Fannie Mae, and the US Post

And social welfare support of all types is socialist in nature. The more social welfare is provided by the Govt (paid for by taxes), the more socialist it is. See for example the famous Scandinavian country model.

So where does Malaysia lean to?

In terms of economy, well the Msian Govt is the single largest shareholder in Malaysia. It is a monopoly or effective market leader in several industries which I highlighted above. Through tight fiscal and regulatory policy it dictates who the players are and very strongly influences movement. It is not merely "dipping a finger" at all.

Plus of course for nearly all of Malaysia's history we have pursued a national policy of transferring wealth from the perceived rich to the perceived poor. Exactly as dreamed of in the Manifesto.

In this regard we are quite strongly a socialist country.
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http://worldpopulationreview.com/countries...list-countries/

See for yourself.
MAGAMan-X
post May 25 2019, 07:46 PM

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QUOTE(KLthinker91 @ May 25 2019, 06:08 PM)
A source must be reputable. Ideally it should also show how it derives the information.

What measurement is this ranking based on? Don't know

Who is "world population review"? Don't know

What makes this website more trustworthy than any Tan Din and Harith? Don't know
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Oddly enough, your only source is you.

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