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Title: Malaysia in the World Economy (1824–2011) Condition: New Subtitle: Capitalism, Ethnic Divisions, and "Managed" Democracy ISBN-10: 0739198017 EAN: 9780739198018 ISBN: 9780739198018 Publisher: Lexington Books Format: Paperback Release Date: 10/07/2014 Description: Does the industrial development of a country entail the democratization of its political system? Malaysia in the World Economy examines this theme with regards to Malaysia in the period between 1824 and 2011. Capitalism was first introduced into Malaysia through colonialism specifically to supply Britain with much-needed raw materials for its industrial development. Aside from economic exploitation, colonial rule had also produced a highly unequal and socially distant multicultural society, whose multifaceted divisions kept the colonial rulers in supreme authority. After independence, Britain ensured that Malaysia became a staunch western ally by structuring in a capitalist system specifically helmed by western-educated elites through what appeared to be “formal” democratic institutions. In such a system, the Malaysian ruling elites have been able to “manage” the country’s democratic processes to its advantage as well as preempt or suppress serious internal challenges to its power, often in the name of national stability. As a result, an increasingly unpopular National Front political coalition has remained in power in the country since 1957. Meanwhile, Malaysia’s marginal position in the world economy, which has maintained its economic subordination to the developed countries of the west and Japan, has reproduced the internal social inequities inherited from colonial rule and channeled the largest returns of economic growths into the hands of the country’s foreign investors as well as local elites associated with the ruling machinery. Over the years however, the state has lost some of its political legitimacy in the face of widening social disparities, increased ethnic polarization, and prevalent corruption. This has been made possible by extensive exposures of these issues via new social media and communications technology. Hence, informational globalization may have begun to empower Malaysians in a new struggle for political reform, thereby reconfiguring the balance of power between the state and civil society. Unlike other past research, Malaysia in the World Economy combines both macro- and micro-theoretical approaches in critically analyzing the relationship between capitalist development and democratization in Malaysia within a comparative-historical and world-systemic context. Language: English Country/Region of Manufacture: US Item Height: 231mm Item Length: 153mm Item Width: 22mm Item Weight: 435g Author: Azlan Tajuddin Genre: Society & Culture Topic: Social Sciences, Business & Finance, History Release Year: 2014 Missing Information?
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