Privatisation or piratisation?
I am not at all surprised that the government had to backtrack on the Institut Jantung Negara decision. I pray that the bad plan will be stopped permanently. The so-called ‘privatisation’ was a public policy which was begun by governments all over the world around the late 1970s and early 1980s on the assumption that there were some tasks that the private sector could perform and manage better than the public sector.
To move this policy forward positively, the government of Malaysia even had a ‘master plan for privatisation’ which listed all the potential projects which were open to such ‘baton-passing’ from the public to the private sector.