Prabowo Subianto, the current President of Indonesia and successor to President Joko Widodo, delivered a powerful critique of neoliberal economic theory during his speech at the 27th anniversary of the National Awakening Party (PKB). He challenged the notion that wealth concentrated at the top will eventually benefit the wider population, labeling it as a longstanding myth that has never come to fruition. Prabowo highlighted the importance of Article 33 of the Constitution in ensuring the security and prosperity of the people, emphasizing that the true goal of the state is to eliminate poverty and hunger, providing a safe environment for all citizens.
He acknowledged the value of democratic ideals but stressed that they are meaningless if basic needs such as housing, food, and employment are not met. By referencing the Preamble of the 1945 Constitution, Prabowo emphasized the economic spirit embodied in Article 33, which promotes an economy based on mutual cooperation and familial solidarity rather than corporate domination. He criticized neoliberalism for justifying inequality and argued against the idea of trickle-down economics, stating that wealth does not trickle down as promised after 200 years of waiting.
Prabowo’s speech reaffirmed his commitment to a people-centered economy that serves all citizens, not just the elite. He rejected models that perpetuate inequality and reiterated his stance on inclusive economic policies. This vision aligns with his goal of building a stronger and more equitable economy that upholds the constitutional mandate to prioritize the well-being of all Indonesians.
