i don’t have much experience on our government seeing that i’ve only been around for 16 years, most of the time spent closeted in school, to say if the PAP is either a SAINT(all hail the great ones!) or a dictator(i learnt a phrase ‘elitist government’ yesterday!). i just couldn’t help being paranoid and wondering if the ‘evil’ government would come in the middle of the night to throw a sack over our heads and drag us away to some top secret facility like in V for Vendetta for speaking out against them. Dear government, i hope you don’t do that. it iz eevil nd verey bad. but our country doesn’t seem to be crashing into walls or anything, so that’s okay.

If it is indeed a measure of profitability and Singapore has a profit of $210 billion in a year, then each of our 4.5 million citizens should have an estimated “profit” of $46,666 per year… which is certainly not the case. This further proves that the profits are mostly in the hands of those elite few.

Maybe we could assume “earnings” to be the absolute growth in GDP, although my preference would be the actual value add of the economy though that would probably be very difficult to measure. If Singapore grows by 7%, that would be approx. $14.7B increase from a base of $210B. Using a PE of 20, that should translate into a “market value” of $294B. Pretty far from the $4 trillion mark but comparable with Fortune/Global 50 firms.

What’s the fucking point of talking economic value and worth if all these cannot be enjoy by mortal being other than gahmen ?

LKY can stop talking rubbish since even he semi-tired, he still get paid more than MiniLee 1!!!

this only show why LKY put digit and value on Singaporean because Singaporean help him to generate billions while he resting and retired. Isn’t this the mindset of a head for a company incorporated ?? Damn it, no wonder I keep paiding and paiding non-stop and get exploit and exploit like nobody business….

Yep, I fully agree that it’s a flawed analogy. As Charissa said, Singapore is a Nation and not just a country, much less a company. A nation is made up of people – with dreams, aspirations, hope, fears. In short, a nation is one of being human.

A company, in short, is one and has only one purpose – to make a profit. Some companies, in this pursuit for profit, even exploit their workers.

We have started on a path where we have become so pragmatic that we are starting to lose our perspective as a people – human beings with an inner self.

It’s really quite sad.

And when we see ministers using the excuse of “not eroding the work ethics” when refusing to give our old folks just that little bit more, we know we have lost something inside.

Regards,
theonlinecitizen

What about our elderly citizens ? Based on the analogy, they should all be retrenched. What company would want all these non-productive workers still hanging around ?