Singapore to cane scammers as billions lost in financial crimes
freemalaysiatoday.com
Singapore to cane scammers as billions lost in financial crimes
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Re: Singapore to cane scammers as billions lost in financial crimes
#2Kyle Davies of 3AC first?
Re: Singapore to cane scammers as billions lost in financial crimes
#3Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their military has barely been used.
What would you even call their socioeconomic system? They're not exactly doing neoliberal capitalism, their government is far too involved for that. They're not socialist, they've got free enterprise galore. The autocracy+militarization+heavily meddled with big business thing most resembles fascist states, but without the typical racist scapegoating (on the contrary, they've put a frankly inordinate amount of effort into preventing racial infighting).
In most countries "The country also passed a new law earlier this year that would allow the police to control the bank accounts of individuals who they suspect to be scam targets and limit what transactions they can do." would probably set off alarm bells, but it does seem like business as usual in Singapore.
Re: Singapore to cane scammers as billions lost in financial crimes
#4Kyle Davies of 3AC first?
No. It's sad that you would think that way.
The obvious correct answer is Bob Weilbacher, who fired me with no reason given from my cherished $3.75/hour job in the mailroom at Cal State Fullerton back in 1979.
Re: Singapore to cane scammers as billions lost in financial crimes
#5Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
"Disneyland with the death penalty"
Re: Singapore to cane scammers as billions lost in financial crimes
#6Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
> "The country also passed a new law earlier this year that would allow the police to control the bank accounts of individuals who they suspect to be scam targets and limit what transactions they can do."
This is crazy to me. How far are we willing to go in terms of restricting freedoms for safety?
Re: Singapore to cane scammers as billions lost in financial crimes
#7Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
I’ve never been there but whenever I read something about it I get the vibe that they’re an HOA with a military.
Re: Singapore to cane scammers as billions lost in financial crimes
#8Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
> "The country also passed a new law earlier this year that would allow the police to control the bank accounts of individuals who they suspect to be scam targets and limit what transactions they can do." This is crazy to me. How far are we willing to go in terms of restricting freedoms for safety?
If you live in Singapore: don't ask us! If you disagree, vote against the government, and/or get out on the streets and protest!
If you don't live in Singapore: it's not your problem.
Re: Singapore to cane scammers as billions lost in financial crimes
#9Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
>What would you even call their socioeconomic system?
Asian Switzerland.
And if that offends anyone it ought to be the Swiss (and any fanboys they may have who take offense on their behalf).
Re: Singapore to cane scammers as billions lost in financial crimes
#10Singapore is an odd country. The only country, to my knowledge, that had independence thrust upon it without its consent. Extremely prosperous compared to its neighbors. An autocratic, single party state where the government is so popular that they need to rig their elections against themselves to get dissenting voices. One of the most militarized countries (#3 by military spending per capita) in the world, yet their…
> What would you even call their socioeconomic system? They're not exactly doing neoliberal capitalism, their government is far too involved for that. They're not socialist, they've got free enterprise galore. The autocracy+militarization+heavily meddled with big business thing most resembles fascist states
It's just State Capitalism, isn't it? Like China. A market-based economy with free enterprise, but no illusions of egalitarianism or democracy, enables the state to step in and manage and direct the market with effective regulation. In a democracy the state can manage this for a time, but eventually a private entity or group of entities leverages their power to influence law and co-opt democratic power, so the market starts steering its own regulation and you end up with fascism as a means of population control or a Russia-style cleptocratic oligarchy. We have not yet figured out how to sustain democracy + capitalism, if it's even possible.
I worry that most will see the rise of countries like Singapore and China and the relative decline of the US/EU and conclude that democracy is a failed project all together.