Regarding the ad hominem: I emphatically disagree. Here's 2 libertarian countries, 1 social-democrat Western country, and 3 local emerging markets for flavour (pasting full link since I've read HN doesn't like URL shorteners): https://www.google.com.sg/publicdata/explore?ds=d5bncppjof8f...
It's even more dramatic if you log scale it: one little island somehow raises itself from one group to the next (and avoids the dramatic rise and crash typical of a FDI bubble). But I'm not going to debate libertarianism (or Objectivism) vs social-democracy vs whatever else, or any economics, because that leads absolutely nowhere and each side is firmly convinced they are right, based on facts and their value system, other than to say "white young men grow out of it in their 20s" strikes me as a poor argument (as are all ad hominem). FWIW, I also don't buy the "check your privilege" line. I've already put on my "trade", my money where my mouth is, by moving to Singapore.
High civil service salaries are a demonstrated way to avoid corruption by raising its economic cost to prohibitive levels, in emerging markets, and to attract the best talent, in developed countries. You can disagree, you probably will - Thatcher was a fan, and I a fan of hers. I also belong firmly in the camp that would rather hire an exceptional developer for $600k/year than 6 average ones for $100k/year, for the same reasons (the cost of a bad hire is exponentially higher than the money spent).
Regarding LKY's pragmatism, sure, that's what he preached and wrote about. 40 years of action shows a certain alignment with perhaps Jefferson or Patrick Henry, that few politicians today have had the balls to so systematically copy. Whether he derived it himself from "pragmatism" or (more likely) read up on history and watched the world, drew his own conclusions and then carefully avoided ad hominems by creating his own brand of politics doesn't matter to me - I see a 40 year track record and it is good - that PAP is systematically blocking attempts at creating a minimum wage is one more data point.
In fact, this track record leads me to rethink my view of government. Overwhelming global historical evidence tells you not to trust government and to keep it small. But Singapore's story flies in the face of this.
Regarding the CPF case, only time will tell. It's not something that keeps me awake at night. FWIW I think PM Lee ought to have accepted the small damages, strategically (as the blogger would then have publicly admitted not having evidence), but I understand his being more than a little annoyed at being accused of corruption, if it was unwarranted.
It seems to be the only evidence of impropriety brought forward, and I disagree with you that other evidence could meaningfully "just disappear" in the 21st century. Why did nothing surface on Wikileaks except that fairly mild assessment of the opposition? The US government has the means for "forensic accounting" as you call it. Why aren't the exiled (and perfectly free and ressourceful) Singaporean opponents finding things out? One option is that the ISD is extraordinarily good, the other option is that there's nothing to find out because well paid and competent civil servants see no point in cheating when it is more profitable to be honest in a system designed that way.
I do agree with you on one thing: we don't know where or how this will end. My experience has been (although it is Western) that it is incredibly hard for second or third generation wealth to maintain the same quality of thinking that the dynasty creator had. The problem is thus whether LKY has been able to create a legacy that will outlive him and his family (in which case Singapore has great days ahead) or whether the island will finish like Venice, with its ruling class making it increasingly difficult for entrepreneurs and those not born within it, walling off the moat, enjoying a few decades of decline and toasting the fall with overtaxed Dom. Very, very few emerging markets actually emerge, statistically, and for good reasons (cf Robinson/Acemoglu, although you might disagree).
It's even more dramatic if you log scale it: one little island somehow raises itself from one group to the next (and avoids the dramatic rise and crash typical of a FDI bubble). But I'm not going to debate libertarianism (or Objectivism) vs social-democracy vs whatever else, or any economics, because that leads absolutely nowhere and each side is firmly convinced they are right, based on facts and their value system, other than to say "white young men grow out of it in their 20s" strikes me as a poor argument (as are all ad hominem). FWIW, I also don't buy the "check your privilege" line. I've already put on my "trade", my money where my mouth is, by moving to Singapore.
High civil service salaries are a demonstrated way to avoid corruption by raising its economic cost to prohibitive levels, in emerging markets, and to attract the best talent, in developed countries. You can disagree, you probably will - Thatcher was a fan, and I a fan of hers. I also belong firmly in the camp that would rather hire an exceptional developer for $600k/year than 6 average ones for $100k/year, for the same reasons (the cost of a bad hire is exponentially higher than the money spent).
Regarding LKY's pragmatism, sure, that's what he preached and wrote about. 40 years of action shows a certain alignment with perhaps Jefferson or Patrick Henry, that few politicians today have had the balls to so systematically copy. Whether he derived it himself from "pragmatism" or (more likely) read up on history and watched the world, drew his own conclusions and then carefully avoided ad hominems by creating his own brand of politics doesn't matter to me - I see a 40 year track record and it is good - that PAP is systematically blocking attempts at creating a minimum wage is one more data point.
In fact, this track record leads me to rethink my view of government. Overwhelming global historical evidence tells you not to trust government and to keep it small. But Singapore's story flies in the face of this.
Regarding the CPF case, only time will tell. It's not something that keeps me awake at night. FWIW I think PM Lee ought to have accepted the small damages, strategically (as the blogger would then have publicly admitted not having evidence), but I understand his being more than a little annoyed at being accused of corruption, if it was unwarranted.
It seems to be the only evidence of impropriety brought forward, and I disagree with you that other evidence could meaningfully "just disappear" in the 21st century. Why did nothing surface on Wikileaks except that fairly mild assessment of the opposition? The US government has the means for "forensic accounting" as you call it. Why aren't the exiled (and perfectly free and ressourceful) Singaporean opponents finding things out? One option is that the ISD is extraordinarily good, the other option is that there's nothing to find out because well paid and competent civil servants see no point in cheating when it is more profitable to be honest in a system designed that way.
I do agree with you on one thing: we don't know where or how this will end. My experience has been (although it is Western) that it is incredibly hard for second or third generation wealth to maintain the same quality of thinking that the dynasty creator had. The problem is thus whether LKY has been able to create a legacy that will outlive him and his family (in which case Singapore has great days ahead) or whether the island will finish like Venice, with its ruling class making it increasingly difficult for entrepreneurs and those not born within it, walling off the moat, enjoying a few decades of decline and toasting the fall with overtaxed Dom. Very, very few emerging markets actually emerge, statistically, and for good reasons (cf Robinson/Acemoglu, although you might disagree).