Chapter 366 Speech and Unease



Singapore's past prosperity and progress are inextricably linked to this fair, equal, and inclusive social environment.

But I think it's not enough. Privileges still exist, and Singaporeans have always longed for a fairer voice.

I will make radical changes in this area, so that everyone will be equal in the future Singaporean society.

Each person's social status depends on their own contributions to Singapore and to human society, and has nothing to do with any other innate factors.

The people will be fully involved in every decision-making process, not only understanding the various choices and their advantages and disadvantages for each policy, but also having the decision-making power for every policy in the hands of everyone.

Next, I will begin a series of initiatives to bring a better tomorrow to the people of Singapore.

After Zheng Li finished speaking, Li Xianlong knew that his plan had most likely failed.

As a thoroughly political animal, Lee Hsien Loong sensed too many unfavorable factors in Zheng Li's speech.

Light is more equitable.

Was Singapore fair before? It was obviously quite fair compared to other countries, but it was still far from being truly fair.

Because the Li family possesses immense privileges, other wealthy individuals also enjoy similar privileges, but below the Li family, everyone is essentially equal.

Then, from inheritance tax and other aspects, it can be seen that Singapore is a country that particularly favors the capitalist class.

It is becoming increasingly difficult for the poor to achieve upward social mobility, while it is very difficult for the rich to experience downward social mobility.

The rate of asset appreciation far exceeds that of labor income.

Zheng Li proposed that employment is a welfare benefit, providing security for everyone.

In Lee Hsien Loong's view, it's a society similar to that of Northern Europe, something Singapore could have achieved long ago.

But to achieve this, we must tax the rich, and use the taxes from the rich to support the poor.

By doing this, Singapore is essentially cutting itself off from its status as an Asian financial center.

Of course, there are other ways for Zheng Li to serve as the head of Singapore, such as through new technologies.

The bio-photovoltaic technology alone is more than enough to feed the entire population of Singapore.

However, Lee Hsien-lung felt that Cheng Lee would not do that.

He had a very bad feeling that he would lose everything he had in Singapore.

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