The Ethics of what we earn– Examining Unethical industries

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My country, Singapore, is facing an issue of increasing economic instability. We are living in an increasing globalized world, with continued competition from stronger competitors, such as India and China. We seem to run out of ideas of earning money, as we have already exhausted our options, given our small economy size and high wages, as compared to the rest of the Asian-Pacific region.

We are, in fact, opening up a few unethical industries, as it is ‘do or bust’ for these industries.They may compromise Singaporeans' moral and social standards, and endanger our safety.

One example would be the gambling industry. For forty years, Singaporeans are opposed to gambling due to fear of potential social and moral decay, with the introduction of gambling. Then 2 casinos opened in 2010, opening up whole new economic opportunities unprecedented in Singapore.

Gambling is an industry with relatively low fixed cost as compared to their variable costs, so long as the equipment and buildings are still intact. There are no bigger new developments for Singapore that can create globally competitive jobs with our high wages and high costs of living. This is why Singapore’s casinos raked in so much cash that she is poised to overtake Las Vegas as the second largest gambling market in the world, just after Macau with their 13 casinos.

Then there is the pornographic industry. Singapore currently has an up-and-coming media industry, due to its diverse culture, and Singapore can be considered a good platform to launch to other Asia-Pacific market. Singapore can link up with Japan, China and India to produce new sexual and explicit content, to meet the sexual demands of the people in Singapore, Southeast Asian, and beyond.

Thirdly, I cannot find a catch-all term, but I believe Singapore is subject to pork-barrel spending. We are practically spending hundreds of billions of dollars on some unproductive projects. For example, we had spent millions of dollars in a bus arrival system, and I believe we can have a paper-and-ink schedule on our buses, don't we.

I may need help from certain members from my home country like Zeno with regards to this issue, but other posters are welcome.

Globolisation... In the process of the globalisation, we need more ideas from people like you, in order to gain mutual understanding between different races and cultures. I think.

I am sorry for my last post, I can understand a little bit of your concern now.

Would you like to discuss it further, please? Then we may understand you better...

Is it a particularly Chinese/Hongkongese/Taiwanese/Singaporian...idea? I can only understand it in that sense....

Very interesting idea. I would like to read more about your ideas, for I can see it as a new prospective of the world that we hardly know it before.

I am a Chinese Singaporean.

That aside, I think Asians in general do not want to earn money from sources that will involvehuman vices like sex, gambling and even politics. Politics is not quite desirable because Asians are used to autocrat monarchies.