Why are there so many Champagne (Panettone) Socialists in Singapore?

Alexandra Ocasio-Cortez (AOC) and Bernie Sanders, US politicians and self-described Democrat Socialists, have in recent years been lampooned as Champagne Socialists. 

Among AOC’s sins include her fourteen-thousand dollar ensemble for a recent Vanity Fair cover, one merely borrowed for the shoot. (Did she dance in those Louboutins?) 

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