By: Eu Hong Seng, NECF, Chairman.
New Word, Old Enemy
There is a new battlefront and it is called ineptocracy.
PLOUGH through the Macmillian, Oxford and the Webster’s dictionaries and you will not find this word – “ineptocracy”. The word is believed to have emerged in October 2011, although some claim it was coined as early as 2007.
Ineptocracy is essentially a system of government where the least capable to lead are elected by the least capable of producing; and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.