Pancasila-based Market Economy

The Pancasila economy is an economic system based on the five principles in the state ideology Pancasila.

kompas/didie sw

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Prof. BJ Habibie has stressed the need for the realization of a "Pancasila market economy ". The call was made in his speech at the opening of the national meeting of the Association of Indonesian Muslim Intellectuals, which was opened by President Joko Widodo at the Bogor Palace on December 8, 2017.

What is interesting here? The answer is the existence of the word "market" in the Pancasila economy.