Or 2 systems means :
1. capitalism in CBD area
2. and socialism outside CBD ???

:D

Accomodation (有容乃大) and “1:2 System” (一多相容) were ancient Chinese philosohy thought. Confucius (BC 551-479) said:” 君子和而不同A leader would accept differences and maintain harmony.” The “1:2″ system maintains harmony like HK since 1997. This is proven today.

What if a leader would NOT accept differences, an ancient China scholar 西周史伯 had warned in BC771: “同则不续Oneness never survive ” Soviet Union collapsed !

Mr TKL suggestion of ‘1:2″ system would best relate it to Chinese civilization.

We Can Help China Embrace the Future By TONY BLAIR August 26, 2008; Page A21

The Beijing Olympic Games were a powerful spectacle, stunning in sight and sound. But the moment that made the biggest impression on me came during an informal visit just before the Games to one of the new Chinese Internet companies, and in conversation with some of the younger Chinese entrepreneurs.

These people, men and women, were smart, sharp, forthright, unafraid to express their views about China and its future. Above all, there was a confidence, an optimism, a lack of the cynical, and a presence of the spirit of get up and go, that reminded me greatly of the U.S. at its best and any country on its way forward.

These people weren’t living in fear, but looking forward in hope. And for all the millions still in poverty in China, for all the sweep of issues — political, social and economic — still to be addressed, that was the spirit of China during this festival of sport, and that is the spirit that will define its future.

During my 10 years as British leader, I could see the accelerating pace of China’s continued emergence as a major power. I gave speeches about China, I understood it analytically. But I did not feel it emotionally and therefore did not fully understand it politically.

Since leaving office I have visited four times and will shortly return again. People ask what is the legacy of these Olympics for China? It is that they mark a new epoch — an opening up of China that can never be reversed. It also means that ignorance and fear of China will steadily decline as the reality of modern China becomes more apparent.

Setting minium wages might cause new problems, for example, if more businesses cannot affort the labour costs, they will retrench workers…so at the end instead of helping the poors, we are hurting them…

i think we should have more policies that encourage the rich to help the poor…for example, by imposing tough checks on charity organizations and punishing heavily those who cheat through these charity organizations…

Why not indulge in some thought experiment. If the top rich 50% literally leave Singapore leaving only the bottom 50% to fend for themselves. Do you sincerely think that the remaining 50% are not able to survive on their own.

i just want a balance of all party in SINGAPORE praliament.

genuis base on what? on education result??

i don agree.

i just want party tat really takecare citizen,don import too much of foreign labour,reduce all the thing,eg:ERP,GST,HDB flats tat R affortable to us,electricity bill,oil $$
and not solving any problem just INCREASE $$,to becos our SINGAPOREANS burden.

TAT is all i want to see in the future.

mostly of the students not like the current party rulling singapore.
FREEDOM??no.
ANY TAT AGAIN THEIR POLICY WILL NOT BE ACCEPT..hahahas..

WHEN my teachers always praise the GOV,i usually Q a lot thing tat the GOV done to their citizen,but usually is INCREASE $$..
then teacher will not praise about the GOV LE.
hahas./ i accept yr view too,SINGAPORe NEED TO LEARN FROM CHINA..

46) dear Michelle,

don u think china is winning singapore??
OFCOS..yes.
actually,china is Quite freedom in some areas,china is already not a communtist country lo,but just can”t VOTE only..

WHy china can”T be democracy country?? becos its fear tat will have many parts of the cities will independent to a YOUNG NATION..tat cause by some country interfer.

china WILL BECOme THE STRONG NATION IN THE WORLD in the future.
as if u read history of china.WAh,u can see tat at the past,how strong is china be,
BUT when they strong,they do not CONTROL OTHER small NATION COMPARE TO the western country…

So in the current fact,,,singpore need to see the face of china,not china needed to see the face of singapore..

IF singapore happen in WAR,DO u THINk tat RICH WILL STAY IN SINGAPORE??
THEY ALL WILL RUN AS FAST AS POSSIBLE.

from:
@young generation@

This will only either divide up the nation or force the rich to leave. In either case, the poor will be worse off.

Singapore wanted to teach China twenty years ago about how to run a country and economy. Now is the time for Singapore to learn from China, as they have leapfrogged us in so many areas.

We must be humble.

I agree with your views. I encourage you and other young Singaporeans to be optimistic an ready to speak out in favor of the future that you like to see. We must have an educational effort, to show Singaporeans that there is an alternative to the current system.

Hi zj (#42)

I agree with your views. We need more people to speak out in favor of a more socialist model.

I hope that in the USA, Senator Obama will be the next President. His policies are more inclined towards helping the lower levels of society to improve their lives and to correct the imbalance of the pro-capitalist system of the Bush regime.

You said:

In the end, I believe government has a role to play, alongside businesses and alongside non-profits, and alongside workers’ unions and so forth. But its role cannot be one of a tyrant, nor one of a “don’t care less” attitude. Its role should be of the administrator, creating checks and balances through common sense regulation with the consent of the majority of the voters and people within the system. Its role is also to just administrate, not to micro-manage and control. Its role is also about giving options to people and allowing and trusting them- in their maturity- to do what is best for themselves, the people around them and also for the country.

I agree with you.

The Government should be more por-active in adopting common sense regulation, instead of a “leave it to the market” or what you describe as “don’t care less” attitude.

The areas that need pro-active action are:

> Raising the wages of lower income workers, e.g. adopting a minimum wage policy.

> Acting against scams, by prosecuting the people who cheat

> Providing low cost, good value optons for the people (instead of allowing them to be exploited by businesses.

Read about scams in my blog
http://www.tankinlian.blogspot.com

Watch out for these scams:
http://tankinlian.blogspot.com/2008/08/watch-out-for-these-scams-see-item-8.html

Truth of life insurance payout:
http://tankinlian.blogspot.com/2008/09/new-paper-truth-of-life-insurance.html

In conclusion, favouring more towards the socialist model along with capitalism (akinto scandinavia countries) that is focus more on human esp indvidual’s potential to grow.

on my view,i don care about one system or both..
as long as the GOV on any country just need to take good care of their citizen can le.

but singapore,,totally disappointed..

from:
@young generation@

I think your idea is just too idealistic and vague.

You mentioned about planning, but in every country there are already lot of plans..

You mentioned about business ethics, but business ethichs are already there…

You mentioned about wastefulness caused by competitions, but human tend to waste things..go hawker centers and check with the cleaners how much people are wasting on their meals…

You might be thinking of creating a perfect society, but as human is not perfect, it is just impossible to build utopia..

You think China with its two systems is better than Singapore or US ? Think again. Look at the corruptions that are created by central planning…look at the wastefulness caused by central planning….

To create a much better society, I’d suggest that we start with RIGHT EDUCATIONS for the youngs, the next generations..

Teach them how to Love others and not just they themselves or their family
Teach them about Compassion
Teach them about Righteneous

If everyone has more Love, Compassion and Righteneous…I can guarantee you 100%, our society will be better, much better, regardless of what system we use.

I don’t think so much as it as socialism, IMHO, but more like a concept of common sense solutions to common sense problems, and to find the best ideas to solve the common issues. These are stuff that affect everyone, let it be conservatives, liberals or moderates.

Therefore political terms don’t work all that much when we are essentially finding solutions that would help everyone.

That’s why I do support pretty much what US President Clinton did over in America in the 90s, and what previous Presidents, like Franklin Roosevelt has done, and what Sen. Obama is promising to do.

In the end, I believe government has a role to play, alongside businesses and alongside non-profits, and alongside workers’ unions and so forth. But its role cannot be one of a tyrant, nor one of a “don’t care less” attitude. Its role should be of the administrator, creating checks and balances through common sense regulation with the consent of the majority of the voters and people within the system. Its role is also to just administrate, not to micro-manage and control. Its role is also about giving options to people and allowing and trusting them- in their maturity- to do what is best for themselves, the people around them and also for the country.

In the end, an open market is the best way in allocating capital and labour in an efficient matter. But when things go wrong, which happens a few times in such a system, it should not be surprising that government, labour laws and government regulations are necessary correctives.

This will go a long way in rectifying the inequalities in our society and allows us to come together as one nation.

It is in their vested interest to have an expanding market. This means more fees and profit for the financial services industry.

We must balance this vested interest with the good of the community. Are the shuffling of meony between the asset classes adding value, or is it a zero sum sum? Actually, it is a negative sum game, after the expenses and fees are taken into consideration.

It is time to review the role of financial services and investments.