What is meritocratic individualism?
In many instances, there is still confusion as to what meritocracy is and what it entails. The passage below helps place this idea in the capitalist context to which it belongs. The ideology of meritocracy is always about ‘I-me-mine’ and hardly ever about ‘you-we-ours’. It is the kind of blinkered perspective and way...
The Rule of Law and the Paradox of the AIM Transaction 2
Part 2 – Conflict of Interest The MND Town Council Review Report (TCRR) on the AIM Transaction was released on 3 May 2013. There is consensus that the TCRR has failed in several key areas. However, I shall only address the conflict of interest issue. AIM Pte Ltd was set up in 1991 by the PAP (Section 9, TCRR), and wholly-owned...
Transparency and the Ownership of Changi Airport
I have not expected to defend a recent comment that the Changi Airport Group (CAG) is a wholly-owned subsidiary of Temasek Holdings. I must have stated the same fact at least half a dozen times previously on different occasions that I no longer include a reference for it. I thank fellow netizens Bravo and faber who highlighted...
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