OPINION: What's So Free About Hong Kong and Singapore Anyway? - John Berthelsen

Asia Sentinel, 12 Jan 2011
Among the Index's 10 criteria, however, there seems to be no score to rank the existence of oligopolies or state ownership of major businesses. The conservative, Washington-based think tank ranked Singapore second in the world, despite the fact that if ownership of the means of production is a definition for socialism, Singapore would warm a commissar's heart. Some of its biggest industries, including airlines, armaments, media, transport and others, are majority-owned by the government and its economy is closely managed by the government. Full story