Napoleon Bonaparte once described the English as a "nation of shopkeepers". He was describing a nation of petty bourgeois that worshipped commerce rather than culture, art, and food. Adam Smith, first coin the notion in his Wealth of Nations, 1776.
Last night I read a blog, quoting Profesor DiRaja Ungku Aziz, criticising the Government's policy of trying to encourage entrepreneurship amongst Bumiputera as daff and likened it to the creation of a "nation of shopkeepers" only with a different name - entrepreneurs.
Last night I read a blog, quoting Profesor DiRaja Ungku Aziz, criticising the Government's policy of trying to encourage entrepreneurship amongst Bumiputera as daff and likened it to the creation of a "nation of shopkeepers" only with a different name - entrepreneurs.
But then ....
Weren't the Chinese the "race of shopkeepers" in Malaysia not too long ago? Their second and third generation today have enough wealth to not get bogged down with the nitty gritty and focus on the big picture.
If we don't have the dosh to invest on human capital, can we develop our human capital pun?
If you are not paid your salary from your company's piggy, honestly can you do work? Can you even ponder on Malay dilemma? Won't there be additional 101 issues creeping in? How did the company's piggy get fat? Through mere thinking? Wasn't corporate entrepreneurship required to help the piggy get fat?
As I see it they are both important. It's just part of a nation's development process. We'll get there.
If we don't have the dosh to invest on human capital, can we develop our human capital pun?
If you are not paid your salary from your company's piggy, honestly can you do work? Can you even ponder on Malay dilemma? Won't there be additional 101 issues creeping in? How did the company's piggy get fat? Through mere thinking? Wasn't corporate entrepreneurship required to help the piggy get fat?
As I see it they are both important. It's just part of a nation's development process. We'll get there.
My fifty sen.
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