Thursday, March 8, 2012

Transport Minister's Acknowledgement of State Capitalism

Transport Minister said no public transport fare raises this year. How come he is making that statement in parliament? Isn't the companies privatised & listed?

I've made a couple of posts about State Capitalism in the past. People who are still in denial about existence of state capitalism of S'pore public transport sector ought to sledgehammer the denial out of their heads.

State will dictate & control prices & supply.

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