Category: Updates and Thoughts

Economics of Martial Law and People Power

Never forget!

Did Filipinos one day in 1986 suddenly become enlightened to demand the toppling of a dictatorship?  Maybe so, but we forget that there were gut issues that broke out in 1983, which prodded Philippine oligarchs that had supported Marcos for more than a decade, to decide to junk him.  

I wrote the following piece last year in my column at the Philippine Daily Inquirer.

Economics of Martial Law and People Power

Thursday, 04 October 2012 08:08
By Rigoberto Tiglao
Philippine Daily Inquirer

Every year in September, in a ritualistic way the tale is told: A Dark Lord imposed his will on a hapless people, but then a messiah sacrificed his life to embolden Filipinos to topple the regime in 1986.

That’s a fairy tale, its old, overused storyline that of a Lord-of-the-Rings kind of entertainment, enough for medieval men, and for small minds today to explain the past. But reality is always, and in all ways, complex. Continue reading

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