If you're not careful, the newspapers will have you hating the people who
are being oppressed, and loving the people who are doing the oppressing.
Malcolm XWhen the strongman of Singapore, Lee Kuan Yew(LKY), died at the age of
91 at the Singapore General hospital, the flood gates of tear jerking,
sycophantic tributes opened up to torrential proportions overwhelming
critical scrutiny of the man and his achievements. Obama, the President of
USA, described LKY as a true giant of history which is perhaps a
ridiculous endorsement given the fact that his campaign promise of Hope
and Change soon dwindled, during his own unremarkable presidency, to
no hope and no change for most of those who voted for him.
David Cameron, the prime minister of Britain- which is less of a democracy
and more of a corrupt oligarchy noted without irony Lady Thatcher once
said that there was no Prime Minister she admired more than Mr. Lee for
the strength of his convictions, the clarity of his views, the directness of his
speech and his vision of the way ahead. His gift for black humor should
not be underestimated as Maggie went on a wrecking spree by breaking
the working class and entrenching the financial elites on the top of
illegitimate wealth pyramid.
Other sobriquets tossed in the air like confetti by the world leaders were
legendary figure in Asia(Ban Ki-Moon, Secretary General of the United
Nations- a largely failed world body given to vacuous and long winded
debates instead of stopping wars waged by its powerful member
states),great leader (Japanese Prime Minister Shinzo Abe who presides
over a zombie economy), visionary statesman (Ms Christine Lagarde,
Managing Director, IMF under a cloud of financial scandal during her tenure
as Finance Minister in former President Sarkozys cabinet).
The unmeasured hyperboles of the worlds worthies praising the Iron Man
of Singapore should not blind us to the fact that Singapore under Lee was
(and still is) a brutal one party dictatorship where any opposition to his
regime meant exile (if you were lucky) or a permanent guest of the
notorious Changi prison (if you werent).
But the spanner that was thrown at the nonsensical LKY hagiography was
a hard hitting documentary film titled One Nation under Lee which
ideally suited for trade and export. The British did not strip Singapore of its
assets as a back room deal was struck by Lee Kuan Yew that after its
independence, his government would protect the interests of the British.
The claim that Singapore is the epitome of functional efficiency and
capitalist success is rarely challenged in International forums. The
relentless PR machine of the Singapore Government spews dubious
statistics to create a myth that it has a cutting edge efficiency, global
competitiveness, economic freedom and transparency. The myth of the
Singapore Miracle is dinned into the heads of its citizens to serve as a
means of social control. The message is a stark one: you cant be politically
free and be affluent. So shut up and obey.
While there have been studies and reports of the Amnesty International and
other Human Rights groups critical of the authoritarian ways of the
government and its appalling human rights abuses, rarely had the
Singapore Miracle story been put to test until a prescient article titled The
Myth of Asias Miracle written by the economist Paul Krugman appeared in
the prestigious Council on Foreign Relations challenging the sustainability
of the Singapore growth story.5[5]
Krugmans point was that the flaw in the Singapore growth was that mere
increases in inputs, without an increase in the efficiency with which those
inputs are used - investing in more machinery and infrastructure - must run
into diminishing returns; input-driven growth is inevitably limited. As he
observes in his article, Consider, in particular, the case of Singapore.
Between 1966 and 1990, the Singaporean economy grew a remarkable 8.5
percent per annum, three times as fast as the United States; per capita
income grew at a 6.6 percent rate, roughly doubling every decade. This
achievement seems to be a kind of economic miracle. But the miracle turns
out to have been based on perspiration rather than inspiration: Singapore
grew through a mobilization of resources that would have done Stalin
proud.6[6] But like the Soviet growth rates recording impressive growth at
first, the dynamo of production soon spluttered in Singapore. The rich irony
was that Lee Kuan Yew who had a pathological hatred for communism
adopted the same flawed economic model of Soviet Russia namely- Input
elephant/Output mouse.
requires the services of an autocrat like Lee Kuan Yew to keep the hoi
polloi at bay. The Singapore model works well for the corporate and
financial 1% sitting on trillions of dollars of unearned income largely through
the capital gains route. But for Joe the Plumber it is a raw deal- it means no
jobs and stagnating wages even if he finds one. Joe is truly shafted with the
lead pipe rudely shoved up a tender part of his anatomy.
Unregulated free market capitalism is at the end of its tether and unraveling
in social protests and violence. And there is a palpable sense of unease
when the plutocrats perched on their mounds of cash see that the ordinary
folks down below are pretty riled up with a rigged system and out in the
streets angrily protesting with their pitch forks. At that moment of global
crisis a wave of profound relief sweeps over the global elite for that well
ordered chewing gum free capitalist paradise of Lee Kuan Yew where there
are low taxes for the corporations, no bargaining power for workers and
where the trains run on time with the crack of a whippy cane.
C R Sridhar
1[1]http://www.hrdc.net/sahrdc/hrfchr58/Issue4.htm#Singapore
2[2]http://www.singapore-window.org/1020naus.htm
3[3]
ibid
4[4]
ibid
5[5]
http://www.foreignaffairs.com/articles/50550/paul-krugman/the-myth-of-asiasmiracle
6[6]
ibid
7[7]
The Singapore Miracle: Myth and Reality- Rodney King-2006- Insight press