Misplaced nostalgia to decide Philippine presidency - BusinessWorld Online

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OPINION | Misplaced nostalgia to decide Philippine presidency [By Clara Ferreira Marques] READ:

economic and political power still staggeringly concentrated. And, in more ways than one, it’s the natural conclusion to the six-year presidency of Rodrigo Duterte, a supposed man of the people who forged alliances with old-school elites, eroded civil liberties, and talked up martial law.

An already fragile democracy and an economy struggling to recover from the impacts of COVID-19 will bear the cost. Political clans are the building blocks of power in the Philippines, thanks to a system of weak parties where privilege is entrenched and local fiefdoms — Ilocos Norte for the Marcoses — are tightly held. Clans have accounted for anof legislators elected to the lower house from 1987 to 2016. Many of those families have hung on to economic and political power through generations of colonial regimes and republics.

But Marcos’ likely victory is more than that. It’s the prize the family has sought from the days of exile. Retaining substantial wealth and influence, they rapidly regained political primacy once they returned to the Philippines. Bongbong was elected to congress in 1992, three years after his father’s death, and the family has held a raof positions since.

 

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