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Re:Capitalism Has Gone Off the Rails by rmah on Monday November 03, 2014 @01:40PM (#8552580)
Singapore is a not a "minimal welfare state". As an example, some 40% of the population lives in government subsidized or public housing. Singapore has universal public healthcare. Generous unemployment and government pension benefits. There is free primary and secondary education as well as multiple state-run universities with free/highly subsidized tuition. In short, there are lots of social safety nets there.

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