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MariaSharpie

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Focus on meritocacy leads to poor social outcomes
« on: February 10, 2019, 04:38:36 pm »

No other country's leaders use the "meritocracy" narrative like Singapore's do. We hear them say Singapore is a meritocratic society so very often..... as if others aren't. Meritocracy is dangled as the main justification for their high salaries and those of their fellow elites - by implication poor Singaporeans remain poor for life because they deserve poverty. And this "meritocratic" thinking is invested deeply in policy-making, always enriching the top yet doing too little for folks stuck on the bottom rungs.


 

According to visionary billionaire businessman Warren Buffett the economic system cannot be depended on to allocate wages fairly, if anything it only amplifies the disparity of affairs. In fact the subsistence of high income inequality tells us wealth distribution is exceptionally skewed; a privileged few are getting much more than they deserve while many others are not compensated with the bare minimum.

 

Instead of a purely meritocratic system we should strive for the best social outcomes with policies enacted to sufficiently tackle wealth inequality. If one remains unconvinced much change is needed, then look no further than the Oxfam report that ranked Singapore in the bottom 10 as far as efforts to tackle inequality are concerned.


More at https://www.domainofexperts.com/2019/02/focus-on-meritocacy-leads-to-poor.html

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beaverjuice

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Re: Focus on meritocacy leads to poor social outcomes
« Reply #1 on: February 10, 2019, 05:53:49 pm »
In the 80's and 90's ..... Singapore was touted as a Socialist-Democratic state

Then last election Tharman(?) says that PAP is shifting to the left of centre.
https://www.straitstimes.com/singapore/cabinet-more-left-of-centre-now-helping-the-lower-income

So meritocracy with a socialist-bent is not new.

What matters are leaders and public servants with the right moral ethos to serve.
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."