The outcome of the Singapore General Election suggests that many Singaporeans want a more inclusive set of indices to monitor distribution of wealth, observes K Kesavapany.
It is always important to ask the key question: who in society is benefiting from economic growth? This question, unfortunately, is not much asked these days. Instead, the obsession is only with growth, writes Toh Kin Woon.
The goal must be
the adoption of a low-consumption, low-growth, high-equity development
model that results in an improvement in people’s welfare, a better
quality of life for all, and greater democratic control of production, says Walden Bello. Unfortunately, the elites of the North and the South will not likely agree to such
a comprehensive response. The farthest they are likely to go is for
techno-fixes and a market-based cap-and-trade system.
Is our current model of economic
development sustainable in the long-run, wonders Anil Netto. What will happen when our oil
wells dry up? What has been the environmental cost? These are issues
that our political parties – both the BN and the Opposition – must