Has the Philippines become an oligarchipelago?

Oligarchy

By Yen Makabenta/manilatimes.net – I planned to reserve the term “oligarchipelago” for a book that I am writing and which keeps me awake most nights these days, but President Duterte‘s loud blast against oligarchs last Wednesday in Malacanang has forced a change of plans.

The subject cannot wait. The issue is rife for comment. As I write this, I read in the news that Roberto Ongpin, the business tycoon singled out by the president as an oligarch, has resigned his positions as board chairman and director in Philweb, the online gaming company.

President Duterte’s denunciation of oligarchs sent me scurrying for my research notes on the Philippine oligarchy, and for competent information on the concept of oligarchy.

By highlighting Ongpin for shaming, DU30 actually moderated the bite and sting of his declaration that Philippine wealth is controlled by only a few, because Ongpin is hardly the only oligarch in this country.

The reality is that this country is controlled and run by oligarchs in cahoots with political dynasts.

FULL STORY

Find more like this: Opinion

  • Prewar films show Japanese enjoying life in the Philippines
  • Philippines island Boracay reopens for test run following huge cleanup
  • Philippines Wins New Term on U.N. Rights Council, Drawing Outrage
  • In pre-colonial Philippines, we already had kinilaw and corpses smoked tobacco
  • Bongga! More Filipino words now in Oxford English Dictionary
  • Page 1 | 2 | 3 | 4 | 5 | 6 | 7

    Entertainment

  • Cassette Store Day debuts in Philippines on October 13
  • Meet the New Host of ‘Blues Clues,’ Filipino American Actor Joshua Dela Cruz
  • Here’s why ‘Signal Rock’ is a family drama every Pinoy needs to see
  • An old komiks character is dusted off for modern Pinoy readers
  • Kris Aquino dazzles in yellow at ‘Crazy Rich Asians’ premiere in Hollywood
  • MORE...

    Features

  • Showcase of PH culture, heritage
  • US and Philippines: Friends, Partners, and Allies
  • A Transgender Paradox, and Platform, in the Philippines
  • The Box That Brings Christmas to the Philippines
  • ‘Pinoy Aquaman’ swims 23 kilometers for peace in Mindanao
  • MORE...

    Tourism

  • Philippines island Boracay reopens for test run following huge cleanup
  • Philippines closes ‘cesspool’ tourist island of Boracay
  • Boracay Set to Ban Tourists for Six Months During Island ‘Rehabilitation’
  • Boracay: the good, bad and ugly sides to Philippine island for tourists
  • El Nido to impose daily visitor limits in 3 iconic tourist sites
  • MORE...

    Sports

  • First Filipino table tennis Olympian Ian “Yanyan” Lariba dies at 23
  • Skateboarder Margielyn Didal wins 4th gold for Philippines
  • Asian Games gold medalist Hidilyn Diaz receives Air Force promotion
  • Philippines’ Kong Te Yang is the oldest athlete competing in 2018 Asian Games
  • Cayetano says Philippines plans to bid for 2030 Asian Games
  • MORE...

    OFW News

  • DOLE suspends OFW deployment to Kuwait
  • Some OFWs turn to vlogging to beat loneliness, share life abroad
  • Overseas Filipino Bank to serve immigrants, workers
  • The ‘bagong bayani’ of the Philippines
  • Which countries pay OFWs the highest?
  • MORE...

    Environment

  • Boracay Set to Ban Tourists for Six Months During Island ‘Rehabilitation’
  • Boracay: the good, bad and ugly sides to Philippine island for tourists
  • Luzon has greatest concentration of unique mammals
  • Mindanao plants 3M trees in an hour, challenges world record
  • Fighting for sharks in the Philippines
  • MORE...

    Pinoy Places
    and Faces