Category: filipino elite
Rent seeking
By Calixto V. Chikiamco What’s wrong with Philippine society is that its economic system is primarily characterized by rent seeking. So, what’s rent seeking? It’s the non-market extraction of surplus or profit. It means the profit is generated from licenses, … Continue reading
currency: how cheap is rizal
it was the inquirer‘s ramon n. villegas in Coming up-the redesigned Philippine currency who said: From the ’70s to the ’90s, the lower denominations of paper bills which featured the revolutionary founders of the nation—Rizal, Bonifacio, Jacinto, Mabini—were eliminated. Their … Continue reading
yellow naif disses land reform :(
nakakadismaya the 5-minute video produced and posted by newbie blogger felicity tan entitled Ang nangyari sa Hacienda Luisita, ayon sa mga magsasaka. it’s a cut-to-cut talking-heads kind of quickie production featuring just 7 former farmworkers / laborers / tenants … Continue reading
cowards all
it’s not only manny villar, who has been called a coward for refusing to answer questions re the c-5 extensions that allegedly benefitted his real estate empire in the millions, billions. i don’t even think that snubbing the senate is … Continue reading
the irresponsible filipino elite
i’ve been fretting over, and collecting columns about, the yawning gap between the few filipino rich and the manymanymany filipino poor for some time now, wondering why other southeast asian countries are able to bridge lessen / shrink the gap, … Continue reading