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LimKitSiang: A totalitarian/absolutist economy

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— Art Harun The Malaysian Insider Jan 20, 2012 JAN 20 — The establishment, nourishment, protection and subsequent embellishment by any government of entities (corporate or otherwise) with monopolistic businesses and/or preferential treatment signal the rise of what I would term as totalitarian economy. A totalitarian economy operates and behaves in manners not unlike a [...]

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