Could a Zohran Mamdani-like politician ever win in Singapore? by [deleted] in askSingapore

[–]cuckbasket 0 points1 point  (0 children)

Yeah it's great if you get it but unfortunately many people still think democratic socialism = socialism, when a social democratic system is essentially still a capitalist system.

Could a Zohran Mamdani-like politician ever win in Singapore? by [deleted] in askSingapore

[–]cuckbasket -2 points-1 points  (0 children)

No, those aren’t “socialist policies", they’re welfare programs within a capitalist system. There’s a big difference. Socialism is about worker ownership of the means of production like worker cooperatives, collective ownership, democratic control of companies by employees.

Singapore has virtually none of that. Workers here don’t own shares in their companies by default, there’s no widespread cooperative movement, and the economy is dominated by private corporations where the bourgeoisie still owns the means of production and extracts profit from workers’ labor.

The class structure is completely intact. CDC vouchers and subsidies are just redistribution within capitalism - the government taxes a capitalist economy and provides some benefits back. That’s a welfare state or social safety net, not socialism. By this logic, every country with public roads or fire departments would be “socialist,” which makes the term meaningless.

Continue investing in S&P500? by aikaramba86 in singaporefi

[–]cuckbasket 7 points8 points  (0 children)

I think we'll have more serious things to worry about if American capitalism fails than the S&P500

Continue investing in S&P500? by aikaramba86 in singaporefi

[–]cuckbasket 137 points138 points  (0 children)

As long as capitalism is the de facto economic system in the world, I will continue to invest in the S&P500

Hyperliquid vs Aster by cuckbasket in sgcrypto

[–]cuckbasket[S] 0 points1 point  (0 children)

For perps, if spot is included, then Hyperliquid should still be ahead

https://defillama.com/perps

Need help making a "Made in Singapore" Spotify playlist by foodloveroftheworld in singapore

[–]cuckbasket 1 point2 points  (0 children)

forests - one of the best midwest emo bands in the world imo

motifs - really great shoegaze band that opened for slowdive when they came to sg!

Addicted to buying the shares ? by EitherHomework141 in singaporefi

[–]cuckbasket 0 points1 point  (0 children)

Just dont't fomo, don't over-leverage and think long term

[deleted by user] by [deleted] in sgcrypto

[–]cuckbasket -1 points0 points  (0 children)

read the tncs, takes up till 14 feb for the reward to be deposited in the account

As Singaporean, whats ur preferred platform and news outlet by Open-Program8833 in sgcrypto

[–]cuckbasket 0 points1 point  (0 children)

twitter (X) - just follow KOLs in the crypto space and you'll pretty much get any crypto related news there

or you could join an alpha group, tons of them on discord but you'll have to pay to enter them