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John's avatar

The thing that struck me flying into Singapore was the number of ships anchored offshore. I only learn later how critical location was to global trade, and how that was a natural monopoly from which the economy could grow.

ALL shipping heading from China or Japan toward Europe viathe Suez Canal passes Singapore.

Singapore has actually the world's second busiest port.

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FrigidWind's avatar

You missed a few hidden jewels:

1. The Central Provident Fund: basically if social welfare were run properly. There’s no question of Social Security running out of money in SG. The money is yours instead of the young subsidizing the old as in the US.

2. Nor is there one of people dying due to lack of funds to pay for healthcare. Medisave, Medishield, Medifund etc + monopsony power means that healthcare is very cheap and very good.

3. An excellent education system with proper streaming and few hangups about ethnic balance. Students can be taught at their own pace without being held back by laggards.

4. A professional police force and system of public order that means people can walk at night without fear and leave their houses unlocked. Not a vagrant in sight, smell or hearing range on the streets or in public transit. Unfortunately, many in the USA consider this fascism because they can’t get over the fact that bad things are bad and some people deserve only punishment and coercion.

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