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Engineers in a newly industrialising economy

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Chapter Summary

This chapter features some aspects of the globalisation of Singapore’s economy and its abiding impact on the work experience of engineers. It points out the emerging conditions which have tended to erode the class position of professionals like engineers. The chapter considers the ambivalent position of engineers in the class structure. Wherever possible, corresponding subjective experience, especially with regard to work stress, will be featured to link up with the structural constraints of the job situation. Data for the subjective aspect are culled from responses to the multiple-choice questionnaire in the survey on work stress. The movement of engineers to the financial market has reflected the general tendency for capital to embrace ever-new areas of investment, simultaneously devaluing labour in old industries while creating demands for new skills in emerging industrial sectors.

Keywords: engineers; financial market; industrial sectors; Singapore’s economy; structural constraints



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