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#Debunked: The right’s ‘Singapore-on-Thames’ notion #YorkshirePost

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The notion of creating a “Singapore-on-Thames” model for the UK by the right wing has been debunked. This idea, which involves low taxes, minimal regulations, and a business-friendly environment, has been criticized as unrealistic and damaging. Critics argue that such a model would lead to a race to the bottom in terms of workers’ rights, environmental protections, and social welfare. They also point out that Singapore’s success is not solely due to its economic policies, but also to factors such as its strategic location and strong government intervention. Additionally, the UK’s economy is vastly different from Singapore’s, making it unlikely that a similar approach would work. Overall, the “Singapore-on-Thames” concept has been dismissed as a flawed and impractical solution for the UK’s economic challenges.

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Source link: https://www.yorkshirepost.co.uk/news/opinion/letters/the-rights-singapore-on-thames-notion-has-been-debunked-yorkshire-post-letters-4671067

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