Thursday, October 28, 2010

Strange bedfellows

The proposal for SGX to takeover ASX has brought out howls of protests, perhaps unsurprisingly. It was strange though that Bob Brown and Bob Katter found themselves singing the same tune when they would normally preach from different ends of the political spectrum.

Singapore has been loudly derided, accused of various crimes of human rights abuse and dictatorial policies. The danger of this form of political purity is that it leaves no room for any deviation from the ideal state to cope with economic or social imperfections. The population may indeed come to the conclusion, should they feel the pure democracy had failed them, that the only alternative was a dictatorial ruler.

The Germans came to that conclusion in 1933.

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