The middle class and their way of survival

comments     Sharifah Zahra     Published     Updated

COMMENT Politics in Malaysia politics are at an inflection point, it is not just the ruling party, the Umno-led Barisan Nasional, that is in trouble, the opposition coalition is facing their own struggle as well.

With the rising cost of living and uncertainty in the value of the ringgit, the unstable political status of the proposition and opposition definitely play some role in making it worse. It is important for the nation to realise that political ideology does play an important role in influencing the economy.

Many economic policies and issues reflect the political beliefs of a nation. For example, people who belief in freedom would go for democracy and less government intervention in the business sector, this can be seen in countries like the US, Canada, mostly the western part of the world.

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