Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
Universal basic capital gives citizens a stake in nation’s progress, but must complement existing safety nets
EVERY National Day, Singaporeans celebrate how a small, resource-scarce island became one of the world’s most successful nations.
In six decades, we have built world-class infrastructure, achieved high homeownership rates, developed an excellent education system, and created opportunities that previous generations could scarcely have imagined.
Yet, it is also a time to reflect on our future. As living costs rise, artificial intelligence reshapes jobs and wealth concentration grows, calls for stronger action on inequality have grown louder.