Prominent banker Nazir Razak has repeated his call for a second national consultative council, arguing that the outcome of the first headed by his late father and second prime minister in the aftermath of the 1969 race relations is no longer applicable with regard to the current needs and aspirations of Malaysians.

Sharing his thoughts on this, PKR vice-president Rafizi Ramli said the current predicaments of the nation extended beyond normal political posturing by parties vying for power.

"There is a convergence of different societal elements coming together at the same time - chaotic political scene, distrust of leadership, waning confidence in the political system, failing economic system and silo-minded groups living side by side but viewing each other suspiciously, etc.

"Basically it is a changing world that no longer fits the model that we currently have.

"By model I mean the political, economic and social model. Even the value system has changed so much and there is a big gap between what the younger generation values versus the older ones," he told Malaysiakini.

The Pandan lawmaker also pointed out that in a way this is not entirely political or caused by political events.

"It is an end of a cycle that started in post-1969 Malaysia.

"Everything that we have today is designed with the thinking and objectives moulded by the 1969 riots.

"After almost 50 years, not only the model does not work anymore, more importantly the most dominant groups i.e. the youngsters born after 1990 no longer relate to the perspective and context of 1969.

"Ultimately, we have a system that not only is not working, but not understood and alien to the very people it is supposed to serve," he added.

Therefore, Rafizi said it is only natural that there must be a complete re-look and re-imagining of what would work for Malaysia in the next 50 years, taking the current and future needs and perspectives.

"In that sense whether or not the elites of our society take heed of the call for a re-look of the national narrative is not that important because it will happen nevertheless.

"The majority stakeholders who are the below-40s will decide what works for them in the future," he added.

However, Rafizi said it is in the best interest of the nation that any change forward rectifies mistakes rather than amplify them.

In view of this, he pointed out that the process has to be inclusive, sober, futuristic, candid, bold, honest and selfless.

"It is in that context that in my view the discussion to develop a new Malaysian narrative that works for the next 50 years must begin now proactively and inclusively; not by default or by force because the elite establishment refused to yield," he said.