"However, the reality of the Singaporean political and economic system is anything but meritocratic. The bulk of the Singaporean economy comprises of Government Linked Companies, of which senior members of the People's Action Party are routinely selected to become directors and CEOs in a non-transparent fashion, rather than focusing on other qualities that would determine merit, such as experience in running large MNCs and other more impressive credentials that other candidates may possess. The most famous and oft-cited example of Singapore's alleged nepotism is that of Temasek Holdings, Inc. the managing director of which the daughter-in-law of Singapore's founding father, Lee Kuan Yew, Ho Ching, became when there was no shortage of other, better qualified candidates."
Full page here: http://en.wikipedia.org/wiki/Meritocracy
So what form of governance are we practising exactly?It seems that "meritocracy" is just nepotism in a sheep's skin.
LinYu
new discovery?
ShutterBug
MERITOCRACY is a word, and it shall always remain merely a word, when actions do not reflect the same meaning of the word used.
fudgester
Just remember, some people are supposedly more equal than others. Pure meritocracy does not exist in Singapore.
I only discovered that in the Army - the sensation of disillusionment still sucks.
redstone
Singapore runs like a huge company.
But govt HAS to run the biggest and most neccessary companies, or else we wouln't survive as a country if they were to go private.
kaka_22
Originally posted by redstone:
Singapore runs like a huge company.
But govt HAS to run the biggest and most neccessary companies, or else we wouln't survive as a country if they were to go private.