• About Us
    • Fact Checking Policy
    • Ownership & funding information
    • Volunteer
  • Subscribe
  • Letter submission
    • Submissions Policy
  • Contact Us
The Online Citizen Asia
  • Opinion
    • Editorial
    • Commentaries
    • Letters
    • Comments
  • Current Affairs
    • Singapore
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Arts & Culture
    • Consumer Watch
    • NGO
    • Lifestyle
    • Travel
  • Politics
    • Civil Society
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
No Result
View All Result
  • Opinion
    • Editorial
    • Commentaries
    • Letters
    • Comments
  • Current Affairs
    • Singapore
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Arts & Culture
    • Consumer Watch
    • NGO
    • Lifestyle
    • Travel
  • Politics
    • Civil Society
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
No Result
View All Result
The Online Citizen Asia
No Result
View All Result

PAP stuck operating in old ways and peddling old cures in a new world

by Neyla Zannia
01/12/2016
in Opinion
Reading Time: 5 mins read
0

By Lim Tean, Secretary-General of National Solidarity Party (NSP)

For all the incessant talk by the People’s Action Party (PAP) about how exciting the future looks for Singapore, a stasis has descended upon our country. The stench of stagnation and deterioration is everywhere one year after we celebrated half a century of independence .

Saturday’s dire economic news that Singapore is on the verge of a technical recession brings to the fore once again all that is wrong with our system of Government, economy and society.

When Chan Chun Sing proffers that it is still early days and that the government is keeping a close watch on the economic figures; when our Prime Minister (PM) was and still is an ardent cheerleader for the Trans-Pacific-Partnership (TPP) when he should have seen the writing on the wall for this secretive trade deal after Donald Trump and Hillary Clinton became the presidential nominees of their respective parties; when our manpower minister recently declared that the wages of Singapore workers are too high and not in line with productivity; and when it has become the standard excuse for sluggish growth in recent years that the world economy is weak, they demonstrate how far behind the curve the PAP leadership are, and how they have lost the plot. They are stuck operating in the old ways and peddling old cures when it is a Newer World which we face.

Singaporeans, like their American and British counterparts, have every right to demand that free-trade agreements actually improve their lives.

For the last two decades, it cannot be said that Singapore has had to operate in a protectionist world. PAP governments have committed Singapore to numerous free trade deals, both bi-lateral and multi-lateral.

Yet for many Singaporeans and the squeezed middle-class, they have only witnessed stagnating incomes and rapidly rising costs of living. They have seen their jobs being taken away by foreign workers and immigrants.

For many Singaporeans, their lives have worsened because of these so called free-trade agreements. It will no longer suffice for PAP ministers to utter the words “ free-trade “ and expect Singaporeans to believe that it is necessarily good. Singaporeans will now demand specifics. Neither will it do for governments to negotiate in secret and obfuscate what the trade deals entail in documents that are thousands of pages long.

A clear, cold-eyed calculation by citizens and responsible politicians as well as economists is urgently needed on all so called free-trade agreements. The ordinary people of the world have come to realise that many of these so called free-trade agreements have only benefited the large corporations and the rich.

The PAP has squandered the two decades since the advent of the knowledge economy when the internet appeared. Numerous studies have proven conclusively that in the knowledge economy, advanced economies can only achieve productivity and growth through innovation and entrepreneurship.

The PAP has failed dismally in this respect.

Singapore today is not an innovative or entrepreneurial society despite PAP ministers talking about the subject ad nauseam . All the PAP ministers do is talk.

Singapore perennially ranks in the bottom third of the Global Innovation Index for Innovation Efficiency Output Index despite the government pouring increasingly large amounts of money into the innovation input side of the equation. But all this money spent has not produced a significant increase in ideas, trademarks, patents or in the creation of new products which are in demand by the world.

The right way forward for Singapore to achieve its economic potential in the knowledge economy is through innovation and entrepreneurship and not unrestricted free trade, which the PAP concentrates on.

Instead of promoting a truly innovative and entrepreneurial society, the PAP spent the 1990s doing so called asset enhancement, driving up the cost of assets such as land. In the process, it stifled the growth of small and medium- size businesses who had to deal with ever increasing rentals.

The promised Swiss standard of living never arrived. Small and medium- size businesses should be the bedrock of our economy and the real centres of our innovation and entrepreneurial growth.

I read with much bemusement Chan Chun Sing’s statement that the Committee on the Future Economy’s report will give guidance to small and medium- size businesses on how to stay ahead and grow in the coming years.

It is because of inept PAP policies of the last two decades that these businesses find themselves in the plight they are in today. Small and medium-size businesses cannot possibly thrive in an environment where government linked companies such as Temasek and the GLCs, with all their financial might provided by the government, take up 45-60 % of our economy.

In Japan, which is a far more innovative society than Singapore, government participation in the economy is in single digits. I, for one, will not place much faith on the report of the Committee on the Future Economy.

In 2010, a similar committee with 10 PAP ministers, issued a report in which it predicted Singapore could have an annual productivity growth of 2-3 % this decade. All the current main PAP ministers were on that committee, including the current manpower minister.

Today, more than half-way through the decade productivity growth is negative or near zero and has been throughout or for the better part of the decade.

The 2000s were no better.

The PAP government embarked on disastrous labour and immigration policies to keep labour costs down. These policies provided no incentives to businesses to innovate and move up the value chain. Rather, it encouraged our businesses to compete with other low cost countries.

For all of Lee Kuan Yew’s boasts that PAP leaders have the helicopter view and are far-sighted, the PAP have been remarkably short-sighted in the last 2 decades and have increasingly resorted to short term measures to cure our economic ills.

To believe that the PAP will continue to be the solution for the next 50 years, as they continually exhort us to believe, is to be extremely blinkered in the face of their overwhelming shortcomings in recent decades.

We in the NSP do not believe in being co-drivers with the PAP. We do not believe that the PAP car is capable of taking Singapore in the right direction in the coming decades.

Our role is not merely that of check and balance. Our proposition is to forge a New Society which offers a much better route to a better future for Singapore.

This proposition is premised on 4 big themes,which are;

  1. Reducing the role and dominance of government in our economy and people’s lives. Government exists to serve the people and not itself. The current government is the problem and not the solution;
  2. Laying down the proper social infrastructure for innovation and entrepreneurship to take hold and thrive in Singapore. This includes creating an open society which encourages the freedom of speech and expression and allowing for the free exchange of ideas;
  3. Electoral reform so that the will of the people are truly represented in Parliament;
  4. A sensible labour and immigration policy for our small nation state.

This was first published as a status update on NSP’s Facebook fanpage, Mr Lim noted that he will set out in greater detail the NSP’s proposition in time to come.

 

For just US$7.50 a month, sign up as a subscriber on The Online Citizen Asia (and enjoy ads-free experience on our site) to support our mission to transform TOC into an alternative mainstream press.

Related Posts

AFP

India’s Modi hits back at opposition after Adani furore

08/02/2023
Pritam Singh’s speech on HDB affordability and accessibility
Politics

Pritam Singh’s speech on HDB affordability and accessibility

08/02/2023
Taiwan 34th Lantern Festival celebration signifies return to pre-pandemic normalcy
Arts & Culture

Taiwan 34th Lantern Festival celebration signifies return to pre-pandemic normalcy

08/02/2023
Six dead and eight injured in accident at Genting Highlands
Malaysia

Six dead and eight injured in accident at Genting Highlands

08/02/2023
Labour

Close to 70% of working Singaporeans above age of 65 earns less than S$2,500 a month

08/02/2023
Minister K Shanmugam appears to lack understanding of case where judge found bodycam footage debunked police officers’ sworn affidavits
Politics

Police investigations into conduct of WP’s Pritam Singh and Faisal Manap still ongoing: K Shanmugam

08/02/2023
Subscribe
Connect withD
Login
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
Notify of
Connect withD
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
0 Comments
Inline Feedbacks
View all comments

Latest posts

India’s Modi hits back at opposition after Adani furore

08/02/2023
Pritam Singh’s speech on HDB affordability and accessibility

Pritam Singh’s speech on HDB affordability and accessibility

08/02/2023
Taiwan 34th Lantern Festival celebration signifies return to pre-pandemic normalcy

Taiwan 34th Lantern Festival celebration signifies return to pre-pandemic normalcy

08/02/2023
Six dead and eight injured in accident at Genting Highlands

Six dead and eight injured in accident at Genting Highlands

08/02/2023

Close to 70% of working Singaporeans above age of 65 earns less than S$2,500 a month

08/02/2023
Minister K Shanmugam appears to lack understanding of case where judge found bodycam footage debunked police officers’ sworn affidavits

Police investigations into conduct of WP’s Pritam Singh and Faisal Manap still ongoing: K Shanmugam

08/02/2023
Malaysia’s seven-time Asean Para Games champion seen selling tissues at Bukit Bintang

Malaysia’s seven-time Asean Para Games champion seen selling tissues at Bukit Bintang

08/02/2023
53-year-old Singaporean worker dies after glass doors topple on him, fourth workplace fatality in 2023

53-year-old Singaporean worker dies after glass doors topple on him, fourth workplace fatality in 2023

08/02/2023

Trending posts

Cognizant India transfers staff to work in Singapore as recently as this year

Local IT grads can’t find jobs while engineers constantly transferred from India to work in SG under CECA

by Correspondent
05/02/2023
113

...

No response from Josephine Teo on whether Mediacorp has been instructed to stop coverage of SMT circulation scandal

No response from Josephine Teo over alleged blackout of coverage by Mediacorp over SMT circulation scandal

by Terry Xu
06/02/2023
13

...

Adani’s brother runs SG company and registers as director with local ID

Adani’s brother runs SG company and registers as director with local ID

by Correspondent
03/02/2023
26

...

Japanese-Canadian junior high school girl breaks national record with 3km in 9:02 mins

“I want my normal life back,” Sherry Drury withdraws from National Junior High School Tournament due to overheated public attention

by Yee Loon
06/02/2023
4

...

They have done a fine job of confusing us about the jobs situation

They have done a fine job of confusing us about the jobs situation

by Augustine Low
01/02/2023
48

...

19-year-old delivery rider in China covers 5km in 22 minutes to deliver antivenom to woman who had bitten by snake

19-year-old delivery rider in China covers 5km in 22 minutes to deliver antivenom to woman who had bitten by snake

by Yee Loon
06/02/2023
5

...

December 2016
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Nov   Jan »

The Online Citizen is a regional online publication based in Taiwan and formerly Singapore’s longest-running independent online media platform.

Navigation

  • Editorial
  • Commentaries
  • Opinion
  • Politics
  • Community

Support

  • Contact Us
  • Letter submission
  • Membership subscription

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • Fact Checking Policy
  • Privacy Policy

© 2022 - 2023 The Online Citizen Asia

No Result
View All Result
  • Opinion
    • Editorial
    • Commentaries
    • Comments
  • Current Affairs
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Civil Society
    • Arts & Culture
    • Consumer Watch
    • NGO
  • Politics
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
  • Lifestyle
    • Travel
  • Subscribers login

© 2022 - 2023 The Online Citizen Asia

wpDiscuz