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Anwar: Bailouts akin to socialism for rich, capitalism for poor

This article is 9 days old

Prime Minister Anwar Ibrahim has explored the “great debate” between an interventionist government and unbridled capitalism, pointing out that conventional wisdom has been that it is not the “business of the government to be involved in business”.

This doctrine, he said, believes that the government must step aside to allow the movers and shakers of the corporate world to have free rein.

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