If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.
The Japanese high command recognised the sexual needs of the men and provided for them. As a consequence, rape was not frequent.
You can bargain for better wages, you can bargain for higher productivity bonuses. But once the bargain has been struck, then you must enter into the spirit of the agreement, and put in an honest day’s work for an honest day’s wage. There must be no fooling around, work means discipline. Singapore’s success depends on the spirit in which workers, management and government, all three, enter into the spirit of cooperation, necessary for prosperity.
If you do not know history, you think short term. If you know history, you think medium and long term.
There is a glorious rainbow that beckons those with the spirit of adventure. And there are rich findings at the end of that rainbow. To the young and the not too old, I say look at the horizon, find that rainbow, go ride it. Not all will be rich; quite a few will find a vein of gold; but all who pursue that rainbow will have a joyous and exhilarating ride and some profit.
Demography, not democracy, will be the most critical factor for security and growth in the 21st century.
I did not know I was to spend the rest of my life getting Singapore not just to work but to prosper and flourish.
That which is written without much effort is seldom read with much pleasure.
You need, besides determination, all the other attributes that will push a project along. You must have application, you must be prepared to work hard, you must be prepared to get people to work with you.
Men are not born equal in either physical or mental capacity. But a socialist believes that society as a whole will benefit, and there will be more happiness for more people, if all are given equal opportunities for education and advancement regardless of class or property.
I do not want to sound like a hawk or a dove. If I have to choose a metaphor from the aviary, I would like to think of the owl.
The art of government is the art of building up team spirit.
People in Hong Kong depended not on the government but on themselves and their families. They worked hard and tried their luck in business, hawking or making widgets, or buying and selling. The drive to succeed was intense; family and extended family ties were strong. Long before Milton Friedman held up Hong Kong as a model of a free enterprise economy, I had seen the advantage of having little or no social safety net. It spurred Hong Kong’s people to strive to succeed.
But it is possible to create a society in which everybody is given not equal rewards, but equal opportunities, and where rewards vary not in accordance with the ownership of property, but with the worth of a person’s contribution to that society. In other words, society should make it worth people’s while to give their best to the country. This is the way to progress.
We are pragmatists. We don’t stick to any ideology. Does it work? Let’s try it, and if it does work, fine, let’s continue it. If it doesn’t work, toss it out, try another one. We are not enamored with any ideology.
The future is as full of promise as it is fraught with uncertainty.
There are really only two civilisations in Asia worth talking about – China and Persia.
I wanted someone my equal, not someone who was not really grown up and needed looking after, and I was not likely to find another girl who was my equal and who shared my interests.
Human beings are created unequal, and no amount of social engineering or government intervention can significantly alter one’s lot in life. At most, government policies can help equalise opportunity at the starting point, but they cannot ensure equal outcomes. Society is bound to end up with unequal outcomes.
It was the first time I had left Singapore to go overseas. I was being exposed to a new world of the hates and loves, the prejudices and biases of different peoples.
We accept human nature as it is, then we base our system on it. Your system must accept that human nature is like that. You get the best out of people for society by incentives and disincentives. If you remove too much of their rewards from the top tier, they will migrate.