
In case you’ve just returned from planet Zartok and haven’t yet noticed the state of the Malaysian and Global economy, you’d better get over the jetlag and literally come back down to earth. The Global economic meltdown plus income inequality are surefire ways to set things off, if it hasn’t yet happened.
The true problem with income inequality is that it generally indicates a lack of economic opportunity. Poverty is a problem which cuts across all races, across all communities. There is a reliable economic case to be made for fighting poverty.
There are also people who readily buy into this worsening economic hell saying, “What to do?” It’s not my fault that I am financially incapable. I come from a poor family, and I didn’t get the chance to study abroad or get a university education like so many others.” Then there are those who do come from rich backgrounds and who have attended university but chose instead to be useless slackers – but yet have jobs and seem to go on to drive flashy cars and penthouses that overlook the little people.
This is what is it. Bow our heads in shame because as Malaysians, we should be ashamed not just that we have worse income inequality than the Philippines, but that in our society, which family you are born into is such a strong determinant of what you will grow up to be. That doesn't have to be the case, and it should not be the case.
Note: (from Wikipedia): The Gini coefficient is a measure of statistical dispersion most prominently used as a measure of inequality of income distribution or inequality of wealth distribution. The Gini coefficient is also commonly used for the measurement of the discriminatory power of rating systems in credit risk management.
