Safety Net Without Dependency Trap

“If Lee Kuan Yew built a model of solidarity that is healthily funded, presented as an example to follow by the American Nobel laureate economist Joseph Stiglitz, he deliberately distances himself from our European social model, which is doomed to disappear, particularly due to Asian competition. Worse still, he believes that the welfare state has something pernicious: it demotivates those who work and encourages mass dependency.”

“However, it is imperative to ensure a safety net for those who are unable to face the competition, allowing them to live with dignity. This is the condition for social harmony.”