This webinar was organised by Gabungan Bertindak Malaysia.
Speakers:
Prof Jomo Kwame Sundaram, senior advisor, Khazanah Research Institute
Frederik Paulus, senior fellow, Penang Institute
Moderator: Farhana Roslan, visiting fellow, Refsa
The session begins at 2:28
The views expressed in Aliran's media statements and the NGO statements we have endorsed reflect Aliran's official stand. Views and opinions expressed in other pieces published here do not necessarily reflect Aliran's official position.
Galakkan pembangunan saksama, lestari serta tangani krisis alam sekitar
Raikan kerencaman dan keterangkuman
Selamatkan demokrasi dan angkatkan keluhuran undang-undang
Lawan rasuah dan kronisme
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Phua Kai Lit
30 Nov 2020 6.32am
Has capitalism, in its various versions (e.g. neoliberalism) ever changed ? It won’t — until robotics and AI have advanced to the stage where humans can be replaced almost completely by intelligent machines. Then, the wealthy ruling class elites will need large “forces of law and order” (police and the military) to keep the impoverished and jobless masses under control.
Countervailing forces ? Multi-ethnic democratic socialist political parties that push for minimum wages, UBI (Universal Basic Income), the Welfare State, laws that crack down on tax avoidance and tax evasion by the rich, labour laws that protect the health and rights of working class people ……. based on alliances of middle class and working class people.
Has capitalism, in its various versions (e.g. neoliberalism) ever changed ? It won’t — until robotics and AI have advanced to the stage where humans can be replaced almost completely by intelligent machines. Then, the wealthy ruling class elites will need large “forces of law and order” (police and the military) to keep the impoverished and jobless masses under control.
Countervailing forces ? Multi-ethnic democratic socialist political parties that push for minimum wages, UBI (Universal Basic Income), the Welfare State, laws that crack down on tax avoidance and tax evasion by the rich, labour laws that protect the health and rights of working class people ……. based on alliances of middle class and working class people.