Sunday, October 31, 2010

My Thought

I barely have enough time to open even my own blog lately.

As my studies comes to its end, the struggling to complete my project paper as the mandatory requirement to complete my MBA appears stressful.

My friend told me not to think too much about it, otherwise I will get stress and could affect my health. I thank my friend for his dearly reminder.

So today I decided to start writing again ...in my own blog...again.. wishing someone could benefit out of my little thought or at least could benefit my little children, make them proud that their father once trying to make a difference to this world.

This is the power of Internet; border less, no coast guard and military force at the border waiting to take you down. Everyone can say anything no matter where he came from (unless CIA of FBI is tracking you). No one could possibly know where i am, i can just write and write and write without anyone reading this piece of scrap

Never mine, perhaps one day someone will read it even after i am long gone out of this world.

Today we are facing with great challenge, global financial crisis, no matter where you are, everyone is feeling the pain.

We are living in a capitalist system. In 1939, the great depression, Malaysia or Malaya at that time don't even know what is financial crisis. Most of the people are still living in a barter system, there is no capitalist system yet in Malaya, even though the British is already in Malaya.

We are not yet introduce with capitalist system in 1939, but slowly British bringing in the system, adopting it in Malaya long before independence in 1957. So basically, the capitalist system as it is today in Malaysia, is actually a continuation of the British system introduced to Malaya and being pass from one generation to another.

Financial System in Malaysia today does not come from our people, but inherited from the British. Why don't we have our own financial system then? when we were given independence in 1957. Our elite, the like of Onn's family, Razak's family, all gained their education from England, so basically they learning how to administer the government from the British based education from the British mould. They want them to think like British, eat and sleep like the British.

We were left with no choice, but to accept it, because our ancestor is no smart either. British will only granted the independence to Malaya if they believe that the Malay people is ready and capable to administer their own government. To gain the respect and trust from the British in not an easy task, so to cut the story short, the Onn's family has done great favour to us and the rest of the nation to influence British that we can do everything on our own.

Until today the Malaysian financial system is still using the system introduced by the British and even our law system almost 60% still adopting the British system.

After 51 years of independent, i think it is time for our economist, financial specialist and political leader start to think of the new financial system for the country, design and develop on our own based on our own mould. History tell us in 1939 we not even effected of the great depression if we live on our own system. People still can get their basic necessities, no one is hunger, there no food crisis in Malaysia even until today.

But when we were introduce with capitalist system, we were taught to be greedy. Capitalist system is a zero sum game, meaning that should someone make money, there will be someone else suffer from it. There is no win-win situation in the capitalist system. There is not justice, there is no equality.

Have anyone ever realize that, why in the finance or investment subject during school days, we were taught about the investment risk. For every investment you make there is also risk attached to it. This is because the system is design to be a zero sum game from day one. There is no equivalent justice for all, it is always justice for the small group of people and disaster for the rest.

Capitalist system should be change!!! once and for all. Well.. the system suck. Every countries in the world is waiting for the American next move, why? Didn't the capitalist system come from them, yet people are still waiting patiently another lies from them.

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