You are correct! Singapore's growth has happened in 1 generation and has been the result of 2 actions:
1: Lowering of taxes. In fact, Singapore is definitely more capitalist than the US. They have lower tax rates and fewer social programs.
2: Removal of corruption. 3 decades ago you could find only a few differences between Singapore and the neighboring areas. Now they are huge because they had 1 main politician help root out an immense amount of corruption.
For all the leftist fools that point at China's growth as a sign of socialism succeeding they lack any knowledge about Singapore which is far more capitalist now than the US and is a stunning place.
Singapore isn’t tied to the CCP at all lol
You are correct! Singapore's growth has happened in 1 generation and has been the result of 2 actions:
1: Lowering of taxes. In fact, Singapore is definitely more capitalist than the US. They have lower tax rates and fewer social programs.
2: Removal of corruption. 3 decades ago you could find only a few differences between Singapore and the neighboring areas. Now they are huge because they had 1 main politician help root out an immense amount of corruption.
For all the leftist fools that point at China's growth as a sign of socialism succeeding they lack any knowledge about Singapore which is far more capitalist now than the US and is a stunning place.
Singaporeans are super based. They’re not dissimilar to Taiwanese people!