Prabowo Criticizes Neoliberal Economics: No Trickle Down Wealth in 200 Years

Prabowo Subianto, the current President of Indonesia, delivered a powerful critique of neoliberal economic theory during his speech at the 27th anniversary of the National Awakening Party (PKB). He challenged the idea that wealth inequality will eventually benefit the wider population, labeling it as a myth that has yet to materialize. Emphasizing the significance of Article 33 of the Constitution, Prabowo highlighted the importance of ensuring the prosperity and well-being of all citizens. He underscored the value of democratic principles, asserting that they are meaningless if basic needs such as housing, food security, and employment are not met. Referring to the economic spirit of the 1945 Constitution, he emphasized the importance of an economy based on mutual cooperation and familial solidarity, rather than corporate dominance. Prabowo rejected the concept of trickle-down economics, arguing that it has failed to address inequality effectively. His speech reflected his commitment to fostering an inclusive economy that serves the interests of all Indonesians, not just the wealthy elite.

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