My comments :
Our present economic model has reached its limit . Why ?
Because we have a risk-averse, conservative and rent-seeking private sector complacently enjoying the low hanging fruits in an unhealthy coalition with a subservient elite/establishment.
Our conglomerates continue restricting entry, facilitating collusion, and ensuring the prevalence of undue advantages for their players in selected markets. (If this Govt was committed to "Vrai Sanzman" it should start by strengthening the Competition Commission as thus recommended (we need a new bold legislation not committees! ) " ....๐ช๐ฏ ๐ฐ๐ณ๐ฅ๐ฆ๐ณ ๐ต๐ฐ ๐ฑ๐ณ๐ฐ๐ฎ๐ฐ๐ต๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ฑ๐ณ๐ฐ๐ฅ๐ถ๐ค๐ต๐ช๐ท๐ฆ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต, ๐ต๐ฉ๐ฆ ๐๐ข๐ถ๐ณ๐ช๐ต๐ช๐ถ๐ด ๐๐ฐ๐ฎ๐ฑ๐ฆ๐ต๐ช๐ต๐ช๐ฐ๐ฏ ๐๐ฐ๐ฎ๐ฎ๐ช๐ด๐ด๐ช๐ฐ๐ฏ ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐ฎ๐ฐ๐ท๐ฆ ๐ฃ๐ฆ๐บ๐ฐ๐ฏ๐ฅ ๐ข ๐ง๐ฐ๐ค๐ถ๐ด ๐ฐ๐ฏ ๐ค๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ ๐ฑ๐ณ๐ฐ๐ต๐ฆ๐ค๐ต๐ช๐ฐ๐ฏ ๐ข๐ฏ๐ฅ ๐จ๐ช๐ท๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ฆ๐ฎ๐ฑ๐ฉ๐ข๐ด๐ช๐ด ๐ต๐ฐ ๐ค๐ฐ๐ฏ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ต๐ฆ๐ฅ ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต๐ด ๐ธ๐ฉ๐ฆ๐ณ๐ฆ ๐ข๐ฏ๐ต๐ช-๐ค๐ฐ๐ฎ๐ฑ๐ฆ๐ต๐ช๐ต๐ช๐ท๐ฆ ๐ฃ๐ฆ๐ฉ๐ข๐ท๐ช๐ฐ๐ณ ๐ฎ๐ข๐บ ๐ฅ๐ฆ๐ต๐ฆ๐ณ ๐ฆ๐ฏ๐ต๐ณ๐บ ๐ฐ๐ณ ๐ช๐ฎ๐ฑ๐ฐ๐ด๐ฆ ๐ถ๐ฑ๐ด๐ต๐ณ๐ฆ๐ข๐ฎ ๐ค๐ฐ๐ด๐ต๐ด ๐ต๐ฉ๐ข๐ต ๐ถ๐ฏ๐ฅ๐ฆ๐ณ๐ฎ๐ช๐ฏ๐ฆ ๐ค๐ฐ๐ฎ๐ฑ๐ฆ๐ต๐ช๐ต๐ช๐ท๐ฆ๐ฏ๐ฆ๐ด๐ด. ๐๐ฏ ๐ข๐ฅ๐ฅ๐ช๐ต๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ฅ๐ฆ๐ฅ๐ช๐ค๐ข๐ต๐ฆ๐ฅ ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต ๐ด๐ต๐ถ๐ฅ๐ช๐ฆ๐ด, ๐ต๐ฉ๐ช๐ด ๐ช๐ฏ๐ค๐ญ๐ถ๐ฅ๐ฆ๐ด ๐ข ๐ง๐ฐ๐ค๐ถ๐ด ๐ฐ๐ฏ ๐ฑ๐ณ๐ฐ๐ฎ๐ฐ๐ต๐ช๐ฏ๐จ ๐ฑ๐ณ๐ฐ-๐ค๐ฐ๐ฎ๐ฑ๐ฆ๐ต๐ช๐ต๐ช๐ท๐ฆ ๐ฑ๐ฐ๐ญ๐ช๐ค๐ช๐ฆ๐ด ๐ข๐ฏ๐ฅ ๐ณ๐ฆ๐จ๐ถ๐ญ๐ข๐ต๐ช๐ฐ๐ฏ, ... ๐๐ถ๐ณ๐ต๐ฉ๐ฆ๐ณ ๐ด๐ต๐ณ๐ฆ๐ฏ๐จ๐ต๐ฉ๐ฆ๐ฏ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐ช๐ฏ๐ฅ๐ฆ๐ฑ๐ฆ๐ฏ๐ฅ๐ฆ๐ฏ๐ค๐ฆ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐๐ฐ๐ฎ๐ฎ๐ช๐ด๐ด๐ช๐ฐ๐ฏ ๐ฃ๐บ ๐ณ๐ฆ๐ฎ๐ฐ๐ท๐ช๐ฏ๐จ ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ๐ช๐ฏg ๐ฆ๐ฏ๐ต๐ณ๐บ ๐ฑ๐ฐ๐ช๐ฏ๐ต๐ด ๐ง๐ฐ๐ณ ๐ฑ๐ฐ๐ญ๐ช๐ต๐ช๐ค๐ข๐ญ ๐ช๐ฏ๐ง๐ญ๐ถ๐ฆ๐ฏ๐ค๐ฆ ๐ข๐ฏ๐ฅ ๐ฃ๐ฆ๐ต๐ต๐ฆ๐ณ ๐ฅ๐ฆ๐ง๐ช๐ฏ๐ช๐ฏ๐จ ๐ช๐ต๐ด ๐ฑ๐ฆ๐ณ๐ง๐ฐ๐ณ๐ฎ๐ข๐ฏ๐ค๐ฆ ๐ฎ๐ฆ๐ต๐ณ๐ช๐ค๐ด ๐ธ๐ฐ๐ถ๐ญ๐ฅ ๐ณ๐ฆ๐ช๐ฏ๐ง๐ฐ๐ณ๐ค๐ฆ ๐ต๐ฉ๐ฆ ๐ช๐ฏ๐ด๐ต๐ช๐ต๐ถ๐ต๐ช๐ฐ๐ฏ’๐ด ๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ต๐ฐ ๐ง๐ถ๐ญ๐ง๐ช๐ญ๐ญ ๐ต๐ฉ๐ช๐ด ๐ณ๐ฐ๐ญ๐ฆ."
That’s just an aperรงu of the type of business practices of our private sector in the context of our crony capitalism that has enriched cronies and some specific conglomerates through allocations of licenses, land, contracts and special deals.
Every other day, our local press is fraught with “allegations” of the nexus between politicians, business groups and cronies. The MIC scandal and the cast-iron IPP contracts continue to remind us how lately a new breed of “rodeur boutes” businesses and rent-seekers oligarchs have emerged in an environment characterized by governance and ethical deficits. Yes we heard a lot about -La rupture, le soi-disan Sanzman; but much of the talks and discussions limit themselves to the necessary constitutional reforms that would enhance gender inclusivity, abolish communal representation, and introduce elements of proportional representation. Very little about the need for an alternative economic system.
