[HN Gopher] Lee Kuan Yew on Malta
       ___________________________________________________________________
        
       Lee Kuan Yew on Malta
        
       Author : valkrieco
       Score  : 68 points
       Date   : 2024-01-20 13:51 UTC (9 hours ago)
        
 (HTM) web link (www.karlsnotes.com)
 (TXT) w3m dump (www.karlsnotes.com)
        
       | arbuge wrote:
       | Funny to see this on the first page of HN (I'm Maltese, although
       | living in the US now).
       | 
       | Lots of truth in what he said... Malta has not done badly at all
       | since independence but Singapore is a tough one to compare to.
       | Currently Malta's GDP per capita stands at $33k or so which is
       | certainly nothing to sneeze at, but still around half of
       | Singapore's.
       | 
       | Interesting too that history repeats itself. Back then it was the
       | Suez Canal crisis and now it's this:
       | 
       | https://timesofmalta.com/articles/view/freeport-talks-client...
        
         | thriftwy wrote:
         | Then again, I don't think Malta has as many low paid temp
         | workers as these ones Singapore imports from India, etc. Also
         | the residences are likely not that tiny.
        
           | throw_pm23 wrote:
           | Yea, I'd prefer living in Malta to Singapore every day.
           | Though I'd probably prefer today's Singapore to the one
           | before Yew's times.
        
             | thriftwy wrote:
             | The one before Yew's times was still a British colony port
             | overlooking a critical shipping route. I'm not sure how
             | such arrangement may not result in significant economic
             | development. Hong Kong didn't have Yew but it had
             | significant quality of development.
        
               | rayiner wrote:
               | Bangladesh is also on critical trade routes. The Port of
               | Chittagong is one of the few things from Asia on Greek
               | maps from the 2nd century:
               | https://en.wikipedia.org/wiki/Port_of_Chittagong.
               | Chalking up Singapore's success to geography is probably
               | missing the point.
        
               | gamex79 wrote:
               | Singaporean here. What would you say is the point?
               | 
               | My own tldr is that we severely lacked in a number of
               | areas:land mass, natural resources, a defensible
               | position, a meaningful economy.
               | 
               | Geography was pretty much the only thing we had going for
               | us. That and amazing leadership.
        
               | rayiner wrote:
               | I mean to say Singapore's success isn't some
               | inevitability due to its geography (which is an idea that
               | gets trotted around). Lots of countries have something
               | going for it they could capitalize on--most of them fail
               | to do so. I think Singapore could've stagnated without
               | good leadership and also a populace that was ready to
               | rise to the occasion.
        
               | thriftwy wrote:
               | I would say the opposite - most of countries are more or
               | less on the development level that their culture and
               | geographic location permits, few countries are
               | significantly below this level and fewer still are
               | significantly above this level.
               | 
               | Singapore is exactly where it should be, given its
               | culture, legacy, location, and _the fact that it is a
               | city-state_. It would still be Singapore under your
               | average ruler (of Chinese culture, not African). It has
               | awesome hand so it does not take much skill to play it.
               | 
               | I could not repeat enough the argument of city-states
               | being different, and usually very rich, so that's what
               | I'm going to do. You should never compare Singapore's GDP
               | growth with any country which has, well, countryside.
               | Still, Taiwan will give Singapore a run on its money
               | while not even being a recognized country.
        
               | kawaiikouhai wrote:
               | These are very broad generalizations you're claiming with
               | no evidence.
               | 
               | > Most of countries are more or less on the development
               | level that their culture and geographic location permits.
               | 
               | So, given this assertion, no developing country should
               | ever hope to join the ranks of a developed nation? Unless
               | they change cultural variables or conquer new lands. Yet
               | we see this playing out in Europe and East Asia and now
               | Africa and India.
               | 
               | > Taiwan will give Singapore a run on its money
               | 
               | Singapore's GDP per capita is $70,000 while Taiwan's
               | capital city sits at $35,000.
               | 
               | Please cite your sources
        
               | thriftwy wrote:
               | Would Singapore be a genuinely worse place to live if its
               | GDP per capita would be "just" $35,000 instead of
               | $70,000?
               | 
               | It would probably have slighly smaller population, less
               | economic regulation and more sustainability. So the
               | difference between Yew and "number two" is the difference
               | between "Excellent" and "Great".
               | 
               | Come on, is that so important? I'd rather read on about a
               | leader who turned "mediocre" into "pretty good".
               | 
               | Because most countries are not Singapore, they don't have
               | what it takes to be even Taiwan.
               | 
               | "When a Rhino looks at the moon, he wastes the flowers of
               | his spleen", as neither Japanese nor Chinese say.
        
               | notahacker wrote:
               | Depending on how you define "city states", it might just
               | be Singapore and a couple of petrostates. Slightly
               | broader definitions give you Malta (average Mediterranean
               | country) as discussed and some middle income Caribbean
               | islands relying on tourists and tax avoiders. That isn't
               | because being a city state is so amazing every city just
               | wished it could shed its hinterland, it's because
               | operating as an independent country with limited domestic
               | food production capacity is hard (even without neighbours
               | wanting to assimilate you)
               | 
               | Sure, cities have higher per capita GDP than their
               | associated agricultural regions, but Singapore's GDP in
               | 1963 was low relative to the agricultural regions of many
               | countries it's since overtaken, its institutions were the
               | colonial power's and much of its population consisted of
               | uneducated coolies performing manual labour and living in
               | squalid conditions.
               | 
               | The only thing inevitable about Singapore's growth path
               | is that if its first government had bankrupted the
               | country and begged to be British or Malaysian subjects
               | again by 1970, people would have said this wasn't at all
               | surprising given its Asian culture (not so highly rated
               | for business acumen in the 1960s!) and geographical
               | disadvantages...
        
               | coldtea wrote:
               | > _Geography was pretty much the only thing we had going
               | for us. That and amazing leadership._
               | 
               | The biggest asset, aside from being a port on a great
               | location, was the right alliances, and foreign countries
               | being the island being let mostly alone, and you not
               | having valuable resources, plus the desire of the rich in
               | countries around the area to use the island as a tax
               | haven of sorts (and later, as their comfy home away from
               | home).
               | 
               | Yew would have been thrown out of office in a week and
               | some "coup" would have been organized if some big foreign
               | power has special interests in the area and wanted him
               | gone.
               | 
               | And if the island had resources like oil or such, it
               | would have been invaded, occupied, "liberated" by some
               | new traiting politician friendly to the outside, every
               | second year.
        
               | gamex79 wrote:
               | > Yew would have been thrown out of office in a week and
               | some "coup" would have been organized if some big foreign
               | power has special interests in the area and wanted him
               | gone.
               | 
               | There was significant interest from foreign powers doing
               | just that, look up Operation Coldstore and the history of
               | communist insurgency in Singapore.
        
               | CyberDildonics wrote:
               | _That and amazing leadership._
               | 
               | Amazing leadership according to the leadership that
               | controls the news media and holds sham elections where
               | other parties get no media coverage until a few weeks
               | before the election.
        
               | devilbunny wrote:
               | It's a thinly veiled dictatorship, but OTOH it's stable,
               | not particularly oppressive about non-political topics,
               | takes good care of its citizens, and has done a hell of a
               | lot to improve its citizens' lives while defusing, as
               | much as possible, the various ethnic issues that have
               | plagued other countries in the region.
               | 
               | Don't forget, it was a _poor_ country at independence.
               | Malaysia and Indonesia also face the Strait of Malacca,
               | and I 'd rather live under Singapore's government than
               | either of those.
        
               | gamex79 wrote:
               | Don't get me wrong. Democracy is a total joke in
               | Singapore. That's why I left. My dad has never voted in
               | his life because there aren't enough opposition
               | candidates. The police actively harrasses members of the
               | opposition (I had a friend who's husband was an
               | opposition MP).
               | 
               | But given all that _could_ have happened, I do stand by
               | that assessment.
        
               | boeingUH60 wrote:
               | Many countries have key shipping routes and other
               | geographical advantages, but corruption and stupid
               | leaders/populace prevent them from succeeding.
        
             | resolutebat wrote:
             | In Chinese names the surname goes first, so it's Lee's
             | times.
        
             | Al-Khwarizmi wrote:
             | I haven't visited Malta but Singapore would be one of my
             | top choices if I had to migrate somewhere (if not the top).
             | 
             | Big city but you can go anywhere at any time and feel
             | extremely safe. Impressive public transport. Amazing food,
             | probably the best among countries I've visited. Everyone
             | speaks English but you can enjoy a mix of Chinese, Malay,
             | Indian cultures. The people tend to be quite nice. Good
             | economy. Feeling of growth, rather than decadence like in
             | much of the West, every time I go there seem to be several
             | new MRT lines. Sane politics (see public housing, etc.)
             | Plenty of places to visit, activities and things to do.
             | 
             | It's not perfect, maybe a bit too hot and I don't like
             | their long working hours and exploiting of maids, but in my
             | view it's top notch. On March I'll go to Malta, let's see
             | how I compares, but I doubt I'll like it more (no offense
             | to Malta, as I said, the think is that I really have a good
             | concept of Singapore).
        
               | zarzavat wrote:
               | Having to be completely obedient to the state wears on
               | the soul. All migrants experience this to a certain
               | extent in any country but in Singapore it's turned up to
               | 11. The fruits of capitalistic success might be enjoyable
               | for a while, but it's a shallow existence. I think that
               | Singapore is enjoyable in small doses.
        
           | 55555 wrote:
           | They could import them from north Africa if they wanted.
        
           | kredd wrote:
           | ~100k foreign temp workers in Malta to support the labour,
           | about 20% of the population.
        
       | andsoitis wrote:
       | Singapore's financial success is indisputable and truly
       | impressive given the very short timeline going from developing to
       | highly developed.
       | 
       | For me, life is not just about money and financial success;
       | without freedom of speech, freedom of the press, freedom of
       | association, sexual liberty, etc. who cares about material
       | riches?
        
         | thriftwy wrote:
         | The whole region was undergoing transition from developing to
         | highly developed, Singapore just leads the way because it is a)
         | very small and have nothing holding it back, and 2) has a great
         | location and legacy.
         | 
         | South Korea is way more impressive transition than Singapore.
         | First of all, it is a large country with a local nation whose
         | culture had to be preserved. Second, it was really poor, and
         | after Korean war it was poorer than most of Africa.
        
           | ergocoder wrote:
           | > The whole region was undergoing transition from developing
           | to highly developed
           | 
           | From the said region. This is objectively no.
           | 
           | Singapore and Korea are the only twos. Korea is not even in
           | the region.
           | 
           | Other countries are rampant with corruptions, political
           | problems, and incompetence. Think of Trump and multiply it by
           | 10. My prediction is that Thailand, Vietnam, Philippines ,
           | Indonesia, Cambodia, Malaysia, and etc. will never become
           | developed. These countries are too big to change and the
           | legacy systems (that are insanely corrupted) are too
           | powerful.
           | 
           | Take Thailand for example. It's objectively bad to have
           | military run the country. Apart from corruption, they are
           | just incompentent; it's well known and blatant. Yet almost
           | half of the country supports a military government.
        
             | thriftwy wrote:
             | Singapore's population was mostly Chinese with some
             | europeans, so it was way closer to South Korea culturally
             | than to Cambodia.
        
               | kawaiikouhai wrote:
               | Uh... No. Singapore's second largest native population
               | are Malays then Indians, which IIRC are 13% and 7% of the
               | population as of 2024.
               | 
               | I do not think this was much different historically.
               | Europeans are not very present in Singaporean society.
        
           | mistermann wrote:
           | It's hard to say for sure, but imho LKY is one of the most
           | impressive leaders and orators I've ever encountered.
           | 
           | https://vm.tiktok.com/ZM64SAoG7/
           | 
           | https://vm.tiktok.com/ZM64SycPu/
           | 
           | https://vm.tiktok.com/ZM64S6tBu/
        
           | mc32 wrote:
           | Also South Korea was a Japanese colony. Colonies are double
           | edged swords: they benefit from the injection of foreign
           | expertise (technology, administration, standardization, ties,
           | etc.,) but suffer from lopsided resource extraction. I think
           | overall there is a long-term benefit from this forced
           | infusion, but for lots of people it's problematic.
           | 
           | It's the age old complaint about the Romans by their
           | conquered peoples as illustrated in the Life of Brian.
        
         | boeingUH60 wrote:
         | As someone who comes from a third-world country (Nigeria), I'll
         | trade some liberty for safety, a stable society, and prosperous
         | economy at any time.
         | 
         | But I guess it's different for Westerners that already have a
         | lot of liberties and material success to begin with.
        
           | realusername wrote:
           | On the other hand, Singapore is the only developed
           | dictatorship in the world so while this trade could work,
           | it's much more likely to fail. Usually, dictatorships go in
           | hand with poor prosperity.
        
         | rayiner wrote:
         | > without freedom of speech, freedom of the press, freedom of
         | association, sexual liberty, etc. who cares about material
         | riches?
         | 
         | Who cares about them? Everyone who doesn't have material
         | prosperity? You think the Chinese would trade their last two
         | decades of growing material prosperity for greater speech and
         | sexual freedom?
         | 
         | Wealthy societies are able to afford those vices. But when
         | America was developing, for example, the scope of those
         | freedoms were sharply narrower than the way you probably think
         | of them today. The Americans who made the country wealthy and
         | prosperous today are not the post-1960s libertines that now
         | enjoy the fruits of those efforts.
        
         | iisan7 wrote:
         | Heirarchy of needs: baseline level of "Freedom from" poverty,
         | conflict, instability comes before "freedom to" act liberally.
         | I'd agree that making that transition in priorities is
         | important, and that a government allow society to liberalize,
         | but if you read his book, he lays out the reasons that he felt
         | Singapore should be slow to socially liberalize (racial
         | conflict being a major one, and deeper differences he sees
         | between Asian and Western values, make of that what you will).
         | IIRC, he also argued that their press is free, just not free to
         | lie or embellish, so they would face consequences for
         | exaggeration or libel. He thought that was necessary to prevent
         | incitement to riot or political subversion.
        
       | bediger4000 wrote:
       | Weird article. Ends with a big quote from Yew, no concluding
       | analysis. Is this AI generated?
        
         | pxue wrote:
         | Alternatively, Lee was smart enough to NOT make generalized
         | conclusion and to just leave it at an observation.
        
         | waihtis wrote:
         | ctrl + f "in conclusion"
         | 
         | Nah, probably not AI generated.
        
       | phantomathkg wrote:
       | What Singapore did best is sit between China and US and try to
       | benefit from both ends.
        
         | hcmacro wrote:
         | I'd say Japan (China followed Singapore in development).
        
         | mytailorisrich wrote:
         | Well, Singapore is a Chinese city at the tip of Malaysia. This
         | is also why they split from Malaysia.
        
           | gamex79 wrote:
           | Singaporean here. This is a technicality but we didn't
           | voluntarily split from Malaysia, we got thrown out.
        
         | rayiner wrote:
         | U.S.-China trade volume was negligible until well into the
         | 1990s: https://www.weforum.org/agenda/2019/05/more-
         | than-30-years-of.... By 1995, Singapore's GDP per capita had
         | already overtaken the UK's.
         | 
         | Trade was obviously important to Singapore's development. But
         | the idea that it was just because Singapore happened to be
         | Singapore's location relative to China is anachronistic.
         | Singapore's annual GDP per capita growth was already over 15%
         | by the time Nixon went to China in 1972. It actually started
         | slowing down by the 1990s when China's growth started picking
         | up.
        
           | pi-e-sigma wrote:
           | Look at a map. Singapore is not on China-US maritime shipping
           | lane so US-China trade is not relevant to Singapore at all.
        
       | Jun8 wrote:
       | Tangentially, I think Malta is a fascinating place. It's the only
       | country in the EU, AFAIK, with a Semitic language. it's unique
       | culture, the history with Hospitaller knights, ancient buildings,
       | the fact that it's and island ... all are very interesting. I'd
       | love to visit in this lifetime.
       | 
       | HN'ers of Maltese origin: what are some interesting aspects of
       | your country?
        
         | mmahemoff wrote:
         | Also interesting that English is one of their official
         | languages, the other being Maltese, making Ireland and Malta
         | the only EU countries with that status now. There's a big scene
         | of English schools and young Europeans going there to learn
         | English in summer, which translates to a lot of partying.
         | 
         | I definitely recommend visiting if you get a chance. It packs
         | so much in for a small country.
        
         | arbuge wrote:
         | For a long time we were pretty sure that we had the oldest
         | free-standing structures (i.e. buildings) in the world:
         | 
         | https://en.wikipedia.org/wiki/Megalithic_Temples_of_Malta
         | 
         | Apparently there's an even older contender in Turkey now, but,
         | anyway you slice it, this stuff is old. The most recent of them
         | (2500 BC) roughly equate in age to the oldest pyramids of
         | Egypt.
        
         | gamex79 wrote:
         | Any Americans here retired to Malta? It came up on some lists
         | of best places in the world to retire. Would love to hear your
         | experience.
        
         | chx wrote:
         | I am not of Maltese origin but I am a resident now.
         | 
         | How much Malta fucked up transit and transportation is really
         | interesting. It's as bad as the United States despite unlike
         | the US the distances are short and the population density is
         | high (the whole thing is 17 mi x 9 mi, the density of the
         | entire country compares to Bellevue, WA and the towns
         | themselves are ten times more dense). Malta is #10 country in
         | the world in cars owned per people leading to constant
         | congestion https://i.redd.it/fnrrri2k1n8b1.png, some sections
         | of the roads are impossible to walk, some transit connections
         | are near impossible to make because of the lack of crossings
         | and sidewalks. Buses are infrequent and notoriously unreliable.
         | And buses are all there are, not even a trolley bus much less a
         | tram or something.
         | 
         | And they are not fixing this, I tried to do public transit to
         | the nearest Lidl and the road was freshly rebuilt (not even
         | fully complete yet) and they didn't add a sidewalk. The public
         | transit mobile app is useless. This is not just me grumbling
         | check https://timesofmalta.com/articles/view/people-use-bus-
         | reliab... for more.
        
         | purrcat259 wrote:
         | Hi, Maltese here, always lived here since birth, my family is
         | Maltese going back generations.
         | 
         | Off the top of my head: 1. The country is constantly polarised.
         | Politics and football especially. Voting based on your family's
         | political legacy is very common. 2. The idea of being
         | constantly ruled by someone else used to be s convenient excuse
         | to steal from the colonists. The downside is that this attitude
         | never left with the british, so tax evasion is rampant as if
         | you're sticking it to the man by doing so... But in reality
         | you're stealing from yourself. 3. While similar to Ireland in
         | the sense that the economy grew very fast very quickly, it has
         | the opposite problem when it comes to housing: massive supply
         | is not managing to sate the massive demand, so housing prices
         | are persistently astronomically high.
         | 
         | Happy to answer more questions.
        
       | rayiner wrote:
       | I don't understand why political leaders don't look to LKY for
       | insight the way business leaders look to Jeff Bezos or Steve
       | Jobs. Singapore is the closest thing to a deliberate, systematic
       | experiment in developing a third world country into a first world
       | country.
        
         | thriftwy wrote:
         | Singapore as a British port city on a small island was never a
         | third world country. Before WWII it was already known as a
         | major leisure, high life spot (as evident by Verinsky's 1931
         | "Magnolia"). It was surrounded by 3rd world countries like an
         | American base may be surrounded by middle eastern shacks, but
         | it is very different from them. If that base was to gain
         | independence it would retain the QoL.
        
           | TMWNN wrote:
           | How separate was British Singapore from British Malaya? My
           | understanding is that Lee Kuan Yew wept when Singapore was
           | thrown out of Malaysia. Neither he nor anyone else expected
           | that Singapore would become a first-world economy and
           | Malaysia would, well, not.
        
             | gamex79 wrote:
             | Not separate at all. You are right that he did weep.
        
           | rayiner wrote:
           | Lots of former British colonies have posh enclaves surrounded
           | by poverty. Singapore's GDP per capita in 1960 was similar to
           | Guatemala: https://cepr.net/documents/publications/econ_growt
           | h_2005_11_.... And as the article noted, 20% of that was
           | British military spending which went away with independence
           | in 1965. The UK's per capita gdp was more than 5 times
           | higher.
        
             | thriftwy wrote:
             | Even in this table, you see Taiwan and South Korea with
             | same impressive growth as Singapore, and then you see
             | Thailand and Malaysia that fare very well. And they all
             | have the handicap of _not consisting out of a metropolis
             | entirely_ , since capitals are known to have high GDPs per
             | person and countryside is known to be lagging.
        
               | rayiner wrote:
               | All of those countries were poor too. I'm not saying
               | Singapore was the only country to develop. But lots of
               | countries that were similarly situated to Singapore and
               | Korea in 1960 didn't develop.
        
         | kwere wrote:
         | politics is more about ideology and appeasing the powerbase
         | than developing the nation or reaching "targets".
        
         | boeingUH60 wrote:
         | Many political leaders along with their voters are frankly
         | stupid and lack vision or competence.
         | 
         | For example, most democratic African leaders are interested in
         | clinging to power and stealing at the expense of the
         | population...they still get continually voted in for some
         | reason despite their mediocrity.
        
           | pi-e-sigma wrote:
           | As opposed to European or American leaders who don't cling to
           | power and don't want to enrich themselves?
        
             | boeingUH60 wrote:
             | Corruption in Africa is extremely worse than in Europe and
             | the US...denying this fact is almost akin to being a flat
             | earther.
        
               | pi-e-sigma wrote:
               | You are mixing two things - everyday corruption
               | experienced by an average citizen and the top of the
               | government corruption which arguably is even worse in the
               | US than in some African countries because it is made
               | _legal_ and happens in plain sight
        
               | boeingUH60 wrote:
               | No, it's worse at the top levels in Africa. Show me where
               | American and European legally steal public funds and
               | siphon it to their offshore accounts..
               | 
               | I really get tired of moral equivalence.
        
               | sam_lowry_ wrote:
               | Belgian here. We have political families stretching over
               | many generations.
               | 
               | Some 20 years ago a representative of such a family
               | wanted to go for a second term with the slogan of adding
               | 100,000 people to the job market. We then turned all
               | house cleaning jobs from black market to official by
               | paying 3x the value of house cleaning work in subsidies
               | to select businesses.
               | 
               | He is still lauded for the idea.
               | 
               | Corruption is just smarter over here.
        
               | boeingUH60 wrote:
               | I wish my country was so good that this is what counts as
               | major corruption..
        
         | gamex79 wrote:
         | I've reflected on this a lot over time. My conclusion is that
         | it would be pointless. That would be akin to companies like
         | Google and Walmart looking to a wildly successful mom and pop
         | shop for business advice.
        
         | bradleyishungry wrote:
         | If you're talking about North American political leaders, they
         | really can't. LKY had a lot more power than anyone can have in
         | most countries political systems. If you're talking about
         | political leaders in growing countries, a lot do take
         | inspiration from him. Singapore had a lot of qualities to
         | benefit from at the time that other countries don't, though.
        
         | throw_pm23 wrote:
         | Wasn't it an inspiration to China's development, in particular
         | to Deng Xiaoping? If so, then it is a great example of
         | developing a third world country following LKY's insights.
        
         | FooBarBizBazz wrote:
         | I think they do.
         | 
         | 1. I think the establishment of Special Economic Zones by Deng
         | Xiaoping was inspired in part by Singapore's success.
         | 
         | 2. Rwanda, which now seems to be doing well in an economic
         | sense, is led by Paul Kagame, who is frequently compared to
         | (and may even be trying to model himself on?) LKY. (Personally
         | though, with the genocide, and Kagame's military background,
         | and Rwanda's continued involvement in Congo, I think the
         | analogy may actually be strained.)
         | 
         | 3. The Brexiteers (optimistically, or delusionally), spoke for
         | a while of trying to create a "Singapore on Thames" (London). I
         | suspect LKY would have been amused.
         | 
         | The general theme is that comparisons to LKY seem to be more
         | aspirational than truly legitimate. But the aspiration does
         | exist.
        
       | screye wrote:
       | Lots of places have managed to get rich. Very few have managed to
       | secure a good life its citizens through its riches.
       | 
       | Singapore's 99 year lease allows its people to be well housed.
       | Conscription keeps them healthy and they have among the best
       | trained special ops. Public transportation and expensive car
       | registrations allow for convenient transportation for all. Crimes
       | are unheard of and the base population is the most productive of
       | any nation in the region. Education is the best in the world. All
       | from a nation that was nothing more than Marshes a few decades
       | ago.
       | 
       | Many city states/ small nations have had a top tier draw. Norway,
       | Botswana, Emirates, Venezuela, Panama, Canada (erstwhile),
       | Brunei....are all good examples.
       | 
       | None have capitalized on it as well as Singapore. Credit where it
       | is due.
       | 
       | (they could have better work conditions and fertility rates)
        
       | 55555 wrote:
       | His book on developing Singapore is one of the most interesting
       | books I've ever read. https://www.amazon.com/Third-World-First-
       | Singapore-1965-2000...
       | 
       | It's part (auto)biography, part business book (his country was a
       | startup, and he had to do tremendous business deals, place
       | winning bets on numerous trends, allocate scarce capital
       | effectively, manage and lead and recruit and inspire a team, etc)
       | part dictator/war/adventure book (he jumps from a page of
       | business dealings to suddenly buying fighter jets and preparing
       | for invasion, making alliances etc, then suddenly back to
       | business), part travel/culture/life. You'd be hard pressed to
       | find a man with a more eventful or interesting life. I highly
       | recommend it. There's 3 books in total, but the one I linked
       | takes you from the founding of the nation state to the modern
       | era, and is the same book the linked excerpt is taken from.
        
       | purrcat259 wrote:
       | Ouch this hits home. Its still the case to today: many Maltese
       | just depend on the government to figure it out for them.
       | 
       | As a result: 1. The government is the biggest employer on the
       | island.
       | 
       | 2. There are mandatory cost of living allowance increases every
       | year decided by the government. Its always too slow and slightly
       | too low. For comparison, the last COLA increase had 5% of it
       | shaved off within a few weeks because local milk prices rose as a
       | result.
       | 
       | 3. The government has been subsidising electricity since the
       | start of the invasion of Ukraine to avoid rising bills
       | (historically it was a political football). WTO, EC, and other
       | institutions have repeatedly told the government to wind them
       | down but its repeatedly ignored this because any government which
       | does will likely collapse in a few months.
       | 
       | Its a super frustrating cycle to see year after year and its not
       | surprising to see that its been historically accurate too.
       | 
       | Fwiw, I'm Maltese and in my early thirties.
        
       ___________________________________________________________________
       (page generated 2024-01-20 23:01 UTC)