This paper argues that although the state elites of Singapore use “Venice” as an image to legitimate the People’s Action Party’s continuous rule and unpopular immigration policies, the image has both empowered and constrained the state. To the state, Venice serves as a keyword that conjures up dynamism, progress, and continuity; to its critics, however, Venice signals the state’s willingness to focus on the intangible elements of nationhood, namely culture and the arts. These critics use the ambiguities of the Venice rhetoric to legitimate their own appeals for change, especially after discovering that the “shared vision” of Venice is mainly in economic terms. By so doing, detractors of the state contest the centrality of economics in the making of modern—and future—Singapore, rendering the use of “Venice” as an image to promote the concept of a Global City problematic.