Tuesday, June 8, 2010

A vision for an egalitarian economy

In recent years, Singaporeans have experienced a higher cost of living, widening wage gap, stagnant incomes and insecurity of jobs. This is reflected in a falling birth rate, which has become among the lowest in the world. Something is wrong.

What is the alternative? I read a few articles from the website of the Singapore Democratic Party. Here is a summary of their key proposals. You can read more details in separate articles in their website. I find their proposals to be quite sensible.