Currently, Singapore is going in the opposite direction of no welfare,shrinking middle class, with rising prices and widening income gap.
Safety nets are virtually non-existent.
But are safety nets,large middle class necessary for an innovative and creative society? These two factors, i think, increases the tolerance for failures. Or is just using money to attract talents like Chelsea football club sufficient?
I ask this question because i read about the life journey of a very talented composer
Yuki Kajiura She was working as an office administrator and pursuing her dream as a singer. Her early years as a singer was a series of failures and she supported herself as an office admin. Her break came ironically not as a singer, but as a composer when she was asked write a theme song for a Japanese drama. The song did well and she began her new journey as a music composer. She never look back since and continued to compose many hits for Anime soundtracks. The journey for a talent sometimes is just not straight forward success. Failure and experimentation are necessary.
But if she was born in Singapore, would she have taken such a big gamble in pursuing music? Similarly, would another inventor, programmer, or sportsman taken similar risks to pursue what they believe in? Or if we want to rephrase in Singapore context, would the parents allow their children to take such risks?
Singapore is not a country like Australia or Japan where there is a larger middle class that even the waiters decently paid. You can often hear parents saying that in Singapore, if you dont have the "paper" you are nothing.The risks of failure are just much higher when there are no safety nets.