ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

US democracy crumbles as money swamps politics: Singapore's Mahbubani

Diplomat says Biden win won't fix political 'plutocracy' -- and Asia must learn

Over $3.5 billion was spent on this year's U.S. presidential campaigns, more than double the roughly $1.5 billion spent when Donald Trump was elected in 2016.   © Reuters

SINGAPORE -- Joe Biden's defeat of Donald Trump in the U.S. presidential election will not heal the deep divisions in American society nor fix the fundamental problem in the country's politics -- the pervasive power of money -- one of Singapore's most prominent former diplomats argues.

Kishore Mahbubani, whose 33-year career in Singapore's foreign service included an appointment as ambassador to the United Nations and a stint as president of the U.N. Security Council, told Nikkei Asia that the U.S. is a "very angry, violent, polarized society" in need of structural reform -- providing cautionary lessons for Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more