After many decades of "Asian capitalism" experiments, here's another glaring failure of "Asian" state capitalism's failure. It's a grotesque waste of increasingly crucial public funds being blown by corrupt and incompetent, in this case long after the miserable failure of Pertamina, Indonesia's political and bureaucratic class. Whilst the latter enrich themselves via shady business deals, direct corruption and kleptocratic tendencies, the people who break their backs every day for a miserable dollar that often gets siphoned by tax authorities and crooked and greedy business owners are left to rot in the hells created by cretinous politicians. Turun Prabowo Subianto! Turun sekarang!
A Jakarta resident also told me the train is even more useless because it does not actually take you to Bandung but to an area one hour away from downtown Bandung, making it even more ridiculous and useless. It will never earn a profit. Ever .
After many decades of "Asian capitalism" experiments, here's another glaring failure of "Asian" state capitalism's failure. It's a grotesque waste of increasingly crucial public funds being blown by corrupt and incompetent, in this case long after the miserable failure of Pertamina, Indonesia's political and bureaucratic class. Whilst the latter enrich themselves via shady business deals, direct corruption and kleptocratic tendencies, the people who break their backs every day for a miserable dollar that often gets siphoned by tax authorities and crooked and greedy business owners are left to rot in the hells created by cretinous politicians. Turun Prabowo Subianto! Turun sekarang!
A Jakarta resident also told me the train is even more useless because it does not actually take you to Bandung but to an area one hour away from downtown Bandung, making it even more ridiculous and useless. It will never earn a profit. Ever .