Define Capitalism

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Mo
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Define Capitalism

Post by Mo » 09 Mar 2018, 16:44

Here's an interesting article on Singapore and how it is frequently cited as a capitalist ideal state. OTOH, the government literally controls much of the means of production. Do people that cite Singapore understand how intertwined with everything the government is? If so, is that what they want, just a more effective state run capitalism or is it just a convenient cudgel?

http://peoplespolicyproject.org/2018/03 ... re-really/
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Sandy
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Re: Define Capitalism

Post by Sandy » 09 Mar 2018, 16:55

Is it? I'd always heard that the closest thing to a truly laissez-faire government was Hong Kong pre-1997.
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Mo
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Re: Define Capitalism

Post by Mo » 09 Mar 2018, 16:57

It was always HK #1, Singapore #2.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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Sandy
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Re: Define Capitalism

Post by Sandy » 09 Mar 2018, 17:11

Mo wrote:
09 Mar 2018, 16:57
It was always HK #1, Singapore #2.
Huh. I always discounted it because they were super-strict about everything except, like, arms dealing. That just didn't seem like a libertarian paradise to me. Their healthcare system seems OK, though.
Hindu is the cricket of religions. You can observe it for years, you can have enthusiasts try to explain it to you, and it's still baffling. - Warren

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Aresen
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Re: Define Capitalism

Post by Aresen » 09 Mar 2018, 17:15

Sandy wrote:
09 Mar 2018, 17:11
Mo wrote:
09 Mar 2018, 16:57
It was always HK #1, Singapore #2.
Huh. I always discounted it because they were super-strict about everything except, like, arms dealing. That just didn't seem like a libertarian paradise to me. Their healthcare system seems OK, though.
Agreed. I always thought of Singapore as the epitome of State Capitalism.®

®Trademark: Noam Chomsky
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Kwix
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Re: Define Capitalism

Post by Kwix » 09 Mar 2018, 17:23

Aresen wrote:
09 Mar 2018, 17:15
Sandy wrote:
09 Mar 2018, 17:11
Mo wrote:
09 Mar 2018, 16:57
It was always HK #1, Singapore #2.
Huh. I always discounted it because they were super-strict about everything except, like, arms dealing. That just didn't seem like a libertarian paradise to me. Their healthcare system seems OK, though.
Agreed. I always thought of Singapore as the epitome of State Capitalism.®

®Trademark: Noam Chomsky
I'm going to have to third this. I never thought of the government of Singapore being anywhere near "hands off" when it came to interfering with business or personal concerns. Likewise Dubai (or any of the UAE).
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Mo
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Re: Define Capitalism

Post by Mo » 09 Mar 2018, 19:21

Sandy wrote:
Mo wrote:
09 Mar 2018, 16:57
It was always HK #1, Singapore #2.
Huh. I always discounted it because they were super-strict about everything except, like, arms dealing. That just didn't seem like a libertarian paradise to me. Their healthcare system seems OK, though.
Their healthcare system is super government run too.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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Jennifer
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Re: Define Capitalism

Post by Jennifer » 09 Mar 2018, 19:50

For those people citing Singapore as the "most capitalist/free," what are the actual metrics they measured--ease of opening a business? Ease of operating one? Number and severity of regulations? Tax rates? Something else? I've no idea.
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Eric the .5b
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Re: Define Capitalism

Post by Eric the .5b » 09 Mar 2018, 20:37

I remember, going back to the Asian Tigers, a lot of wanking about the public/private "partnership" stuff present in a lot of countries in the region, including in SIngapore, and how they were totally better than silly free-market capitalism. After the financial crisis, most of that evaporated. I guess this is round two.
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