As opposed to a [strike]troll[/strike] thread demeaning Singapore recently, I thought it was quite telling that just today in the New York Times this article appeared entitled; "Serious in Singapore", by Thomas Friedman.
While Singapore is far from perfect, as no country is, it has thrived because of this pragmatism in governing. As the article mentions home ownership is subsidized and 89% (the highest in the world) of Singaporeans own their own homes. Additionally, when using PPP (purchasing power parity) to compare GDP and income per capita the average Singaporean is 10% to 20% better off financially than the average American.
Singapore has an extremely low crime rate, and an extremely strict gun law. The government is extremely strict regarding drug running, arms dealing, and company owners/operators knowingly hiring illegal immigrants, with them facing the death penalty in a number of instances, and most certainly caning, and stiff fines and prison terms.
Fair Use Excerpt said:Singapore probably has the freest market in the world; it doesn’t believe in import tariffs, minimum wages or unemployment insurance. But it believes regulators need to make sure markets work properly — because they can’t on their own — and it subsidizes homeownership and education to give everyone a foundation to become self-reliant. Singapore copied the German model that strives to put everyone who graduates from high school on a track for higher education, but only about 40 percent go to universities. Others are tracked to polytechnics or vocational institutes, so the vast majority graduate with the skills to get a job, whether it be as a plumber or a scientist.
http://www.nytimes.com/2011/01/30/opinion/30friedman.html?ref=global
While Singapore is far from perfect, as no country is, it has thrived because of this pragmatism in governing. As the article mentions home ownership is subsidized and 89% (the highest in the world) of Singaporeans own their own homes. Additionally, when using PPP (purchasing power parity) to compare GDP and income per capita the average Singaporean is 10% to 20% better off financially than the average American.
Singapore has an extremely low crime rate, and an extremely strict gun law. The government is extremely strict regarding drug running, arms dealing, and company owners/operators knowingly hiring illegal immigrants, with them facing the death penalty in a number of instances, and most certainly caning, and stiff fines and prison terms.

























