Social Work Commons^™

Asset Building And Property Owning Democracy: Singapore Housing Policy As A Model Of Social Investment And Social Justice, James Lee

The Journal of Sociology & Social Welfare

This paper discusses a fundamental issue that continues to haunt Western welfare states: despite rising levels of social expenditures and a rigorous social investment-oriented social policy, poverty and acute social inequalities persist. Using the concept of Property Owning Democracy (POD) advanced by John Rawls, this paper argues that an asset-based housing policy might be able to improve social justice and reduce poverty. Using Singapore’s housing system as an example, this paper illustrates the connection between asset building and POD, and suggests that Singapore’s housing system, to some extent, fulfills the requirements of Rawls’ theory of justice in terms of maintaining …