The advent of capitalism and Malay dilemma in money economy: the foundation of business corporation and cooperative societies in colonial Malaya

• Main Author: A Rahman Tang Abdullah
• Format: Article
• Language: English; English
• Published: George Mason University Libraries 2021
• Subjects: H1-99 Social sciences (General); HB1-3840 Economic theory. Demography
• Online Access: https://eprints.ums.edu.my/id/eprint/31295/1/The%20advent%20of%20capitalism%20and%20Malay%20dilemma%20in%20money%20economy.pdf; https://eprints.ums.edu.my/id/eprint/31295/2/The%20advent%20of%20capitalism%20and%20Malay%20dilemma%20in%20money%20economy1.pdf; https://eprints.ums.edu.my/id/eprint/31295/; https://journal.unnes.ac.id/nju/index.php/paramita/article/view/28926/pdf; http://dx.doi.org/10.15294/paramita.v31i1.28926
• Institution: Universiti Malaysia Sabah

This article discusses the Malay dilemma in facing the expansion of money economy in the Malay society in early 20th century Malaya. Historically, the advent of capitalism during this period instigated the growing importance of money economy. However, in the rural economy, the Malay commoners known...