Despite claims of worker protection, the legislation may deepen Malaysia's dependence on foreign tech platforms whilst leaving gig workers trapped in precarious employment.
Malaysia’s gig economy is closely tied to its semi-peripheral position in global capitalism, with the country being highly dependent on foreign direct investment in its high-tech sectors.
It remains reliant on foreign direct investment and global monopoly-finance capital, thereby reproducing Malaysia’s semi-peripheral dependency (Amin, 1976).
This situation may lead to gig workers being trapped in precarious employment, rather than being protected by the legislation.
Author's summary: Legislation may entrench dependency.