Capitalism, Inequality and Ideology in Singapore: New Challenges for the Ruling Party

Abstract

Amidst popular concerns about rising inequalities and living costs, reduced social mobility and inadequate public infrastructure, Singapore’s ruling People’s Action Party (PAP) suffered significant declines in electoral support in the 2006 and 2011 general elections before regaining support at the 2015 polls. Importantly, these concerns reflect the intensification of contradictions inherent to Singapore’s model of capitalist development. This juncture in the city-state’s political economy has been conducive to greater scrutiny of core PAP ideological notions about the perils of “Western” social welfare and the moral and functional advantages of non-democratic institutions of political accountability and representation. The PAP has responded with creative new defences of its core ideologies in conjunction with social spending boosts, a strategy that will be further tested following the 2015 election.