Talking on the 18th Nationwide Congress of the Indonesian Younger Entrepreneurs Affiliation (HIPMI) in Bandar Lampung, Lampung Province, Subianto famous the thinkers who formed fashionable capitalism acknowledge that nationalism is the first driver of financial progress.
He cited the views of sociologist and historian Liah Greenfeld from her guide titled “The Spirit of Capitalism: Nationalism and Financial Progress”.
“The takeaway for me is the ultimate line, the sustained progress attribute of contemporary financial system shouldn’t be self-sustained; it’s stimulated and sustained by nationalism,” Subianto stated citing Greenfeld.
Associated information: President says nationalism fuels long-term financial progress
The president emphasised the experiences of assorted nations show a detailed hyperlink between nationalism and financial progress. The rise of a variety of main world powers is inseparable from the nationwide spirit they’ve fostered and nurtured.
“Japan, america, and your complete West are superior, and China is rising now; due to nationalism,” he famous.
On that event, he additionally highlighted HIPMI’s historical past, noting the affiliation was established on a basis of nationalism from its very inception.
The president believes HIPMI performs a vital function in nurturing a brand new technology of younger entrepreneurs who will ultimately lead numerous sectors throughout the nation.
Associated information: Prabowo says Indonesia stays open to international traders
Associated information: Prabowo defends international journeys, cites free and lively coverage
Associated information: Prabowo reaffirms Indonesia’s non-aligned international coverage
Translator: Maria Cicilia, Raka Adji
Editor: Fransiska Ninditya
Copyright © ANTARA 2026

















