Singapore has 0% GDP growth and even need a loan from IMF to invest in infrastructure that's laughable for a developed country.
The only difference is there was no labor capital at that period. The risk of capital has been transferred to labor from capitalists. The real change in government happened through Reagan who legalized big corps and…
Singapore has 0% GDP growth and even need a loan from IMF to invest in infrastructure that's laughable for a developed country.
The only difference is there was no labor capital at that period. The risk of capital has been transferred to labor from capitalists. The real change in government happened through Reagan who legalized big corps and…