Everyone knows, yet turns a blind eye to the fact that the world operates under an ongoing economic conspiracy, manifesting in different forms throughout modern history. Even in crisis management, the powerful orchestrate events while the weak pay the price—just as we see today. Ever since the rise of the West as a colonial force, the developing world has not been spared from the dominance of those with power and their relentless exploitation of those without the means to resist. This has always been the case, up until the Second World War—conspiracies existed, but they were never entirely unified in their objectives or strategies, given the competition among colonial powers for control over the wealth of weaker nations. However, the world has never before witnessed such a coordinated conspiracy as the one that emerged after the war ended and the so-called new world order took shape. For the first time, the major powers aligned their visions on how to redistribute influence, global roles, and the right to exploit others. Even the Soviet Union was not entirely excluded from this game. Legitimacy was not granted to any single state but rather to global institutions—entities they called the International Monetary Fund and the World Bank, among others. Anyone who doubts this need only look into their origins after the war and ask: why must one of these institutions always be led by an American and the other by a European? And what did the old colonial powers concede in exchange for the supposedly generous ‘Marshall Plan’ offered by the USA? What is most remarkable is that none of this is secret—the facts are well-documented in books, yet we continue to look the other way.
Modern history, on the other hand, is full of leaders who refused to ignore the reality of this well-documented conspiracy, advocating for what could be called a national economy—one capable of halting the drain on resources and people. But their voices were always too loud, and their slogans often grander than their actual ability to challenge two worlds: one conspiring, the other silent. The result was always the same—either a return to occupation, economic collapse, or total isolation, which inevitably led to the same tragic ending. And it was always the very people these leaders sought to defend who bore the cost. The examples are well known: Egypt and the war of 1967, Chile and the bombing of its parliament with its elected representatives inside, Cuba and its enduring blockade, Brazil and its foreign-backed military coups, and more recently, Venezuela and its defiant figurehead, Hugo Chávez. These cases illustrate how the global system tolerates no attempt at economic independence or the protection of national wealth. But what all these leaders had in common was their loud voices and their idealistic visions of ‘liberating the world’—a dramatic approach that overlooked the reality of their own limitations, like a man trying to push down a wall with his bare hands.
In contrast to these classic heroic failures, the developing world has produced a handful of leaders who, though fewer in number, were no less nationalistic or committed to their people than those with the loudest voices. One name that never seems to lose relevance is that of Malaysia’s former prime minister, Mahathir Mohamad. A quiet diplomat, he managed to convince the West of his harmlessness and was welcomed as a friend—his small country (or rather, what was then a small country) seen as a potential ally in the corrupt global order. But studies of Malaysia’s economic model and Mahathir’s leadership tell a different story. He was, in fact, fiercely nationalist, deeply protective of his country, and especially concerned with the status of the Malay people, the majority of whom had been marginalised by the Chinese business elite, a group empowered by Western interests to dominate Malaysia’s economy. Mahathir had understood this long before he entered politics. According to one study on his character, even when he bought his first car, he insisted on hiring a Chinese driver—perhaps as a quiet act of resistance against his own frustrations over his people’s economic subjugation. Yet, no one ever heard him raise his voice.
Instead, he was a shrewd diplomat and a strategic friend to the West, never drawing attention to his nationalist economic plans, which did not conform to the free-market dogma dictated by the World Bank and the International Monetary Fund. He played the game silently, methodically pursuing his vision of comprehensive development that preserved Malaysia’s national wealth and dignity. The world only heard him speak when the moment was right—when, during the Asian financial crisis of 1997, he shocked the IMF by outright rejecting its ‘orders’ for the first time. His defiance caught the global economic elite off guard—they suddenly realised that an independent economic force had emerged under their noses, and they were forced to treat Malaysia as a serious player. He led his country out of the crisis faster than anyone else. What adds to his achievements is that, once he was certain that Malaysia had reached true economic stability and development, he chose to step down, satisfied that his mission was complete. He left power without any military adventurism, without clinging to authority, and without incurring losses. In doing so, Mahathir demonstrated that real economic resistance is not about loud speeches or grand ideological battles, but about calculated, strategic action—an approach that few leaders in the developing world have managed to master.
This article is originally published by AlBorsa in Arabic and later AI-translated by South Push.