Author: Azly Rahman. Abstract: The New Economic Policy (NEP) owes it genesis to a vision that sought to redistribute wealth among Malaysia's races and create a Malay middle class. Today, there are a significant number who believe that most of the benefits have gone to upper and upper-middle class Malays. As a whole, a vast swath of the Malaysian middle-classes remain relatively poor. It is the urban lifestyle has brought this group to such a level - like America's middle-class, they are riddled with credit card debt and face rising costs of living.