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RE: LeoThread 2025-12-11 16-41

in LeoFinance11 hours ago

Part 7/12:

By 2065, Singapore is envisioned as divided: affluent elites live in a “paradise,” while a large underclass faces systemic disadvantages. Uprising among the disadvantaged is suppressed, reinforcing social stratification.

Historical Backstory and Trivia

Questions highlighted the persistence of inequality:

  • Social ties among residents in public vs. private housing: Those in public housing have fewer social ties, with fewer than one close friend in private housing.

  • Progressive Wage Model (introduced in 2012): Aims to uplift low-wage sectors like healthcare and logistics.

  • Income inequality measurement: The Gini coefficient in 2022 was approximately 0.378 after taxes, indicating a relatively equitable distribution.

Policy Solutions Explored