Thursday, June 19, 2008

Brain dead Lee Kuan Yew doesn't believe in carbon-free world, calls Singaporeans 'losers'

Q: But as you were watching that BBC documentary what was going through your mind about where all this is leading?

LKY: I do not buy the optimistic jargon about a new age of enlightenment. But as I watched Dr. Ventner's prediction about carbon-free fuel, I say then what? You can desalinate all the oceans of the world, then what? And we will still have the overpopulation problem. My conclusion is there are certain moral and physical limits to what mankind can do on this small planet. If you begin with human history from the earliest tribes, we still haven't moved beyond instinctive responses.

Q: But what you were watching also told you that anyone born today will live to be 120 and productive almost until the end, and the 22nd century will see 250 years as a normal lifespan.

LKY: And then what! It makes no sense. Three score and 10 is not a bad span. Lead a good productive life and leave the future to your progeny. I fear the future for my grandchildren may not be as good as ours was. In Singapore, we now have in our physically limited space 4.5 million people, 3.2 million of them our citizens, the rest foreigners who came to work here. Our planners are projecting 6.5 million. Our planners and demographers can already see 6.5 million. I said to them, "Look, go slow. It can't be done in our small city state."

Q: Nanotechnology will enable us to build skyscrapers two to three times higher.

LKY: Not while I'm still around.

Q: You also have a brain drain?

LKY: Yes, we're losing them to America.

Q: So how do you see the future of capitalism?

LKY: As chairman of the equivalent of our Sovereign Wealth Fund, we examine and decide where to invest our money, in equities or bonds or what have you. Our fund managers are paid five times what I get. Why? Because they have had good track records in growing our fund and we know what they could command in the private sector. They are dealing with billions of dollars every day and must be compensated accordingly.

Unbridled capitalism, winner takes all like in America, does not work unless you can cope with an underclass. So here we also stay with the losers, make sure they have enough to live on, with healthcare, equal education opportunities for their children whose parents can no longer afford it. It's very important they not feel abandoned. So we have workfare and ingenuous ways to keep them working as we don't want layabouts doing nothing. We also subsidize homes which they would not be able to buy. A society can only survive if there is a sense of equity and fair play.

[Source]

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