The Singapore Dream used to be much discussed by both politicians and the public, but I have not heard it mentioned much these days. It may be that increasing economic uncertainty, rising inequality and existential environmental threats like climate change are not conducive to optimism or aspirations.

Across the world, especially in societies with stagnating incomes, many younger citizens find it difficult to envisage a future that is better than what their parents’ generation had, and fear it may be worse. In Singapore, the situation is not so dire as incomes are rising. Still, there is concern among young Singaporeans, already used to a good quality of life, whether they can sustain such a lifestyle for their own children in future.

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