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The ideal of Pancasila has not effectively translated into a functioning liberal democracy in Indonesia. Instead, Pancasila has become a symbol of Indonesian exceptionalism, embodying the nation's values and identity. Pancasila is open to abuse, which in this case was the invitation to criminalise all kinds of ideologies but Pancasila itself.
Single principle of Pancasila (Asas tunggal Pancasila) was a policy enacted by the New Order regime under President Soeharto starting 1983 compelling political parties and public organisations to declare the national ideology of "Pancasila, as their one and only ideological basis".
A Pancasila economy can be considered an example of a mixed economy or a third way economic system. [ 2 ] A Pancasila economy is seen as a counterbalance to a neoclassical approach promoting individualism and free markets [ 3 ] that is adapted the values of Indonesian society, including religious values, culture, customs and norms.