Marcos debt

Foreign Powers Supported Tyrant Marcos

February 25, 2022

The Marcos years were an unmitigated tragedy and having its unrepentant vestiges in the political scene is an affirmation of how much still needs to be done to overturn elite and undemocratic rule. The grip of neoliberalism on the country which started under Marcos needs to be underscored as its real economic legacy for the […]

Marcos Neoliberal Policies and Economic Collapse

February 25, 2022

The neoliberal policies started under the duress of Martial Law combined with the massive debt willingly lent by creditors and political upheaval to cause the severe economic crisis in the waning years of the regime. The administrations that followed kept up the momentum of destructive “free market” reforms and economic troubles.

Dictator Marcos: 1st PH Neoliberal President

February 25, 2022

Marcos years were not a golden era for the Philippine economy. Neoliberal policies the dictator aggressively pushed were what choked the local economy. These same policies keep the country backward and underdeveloped to date.

Martial Law omission a mockery of history

January 21, 2020

NETWORKS

In pushing to revise history, the Marcoses are evidently basking in the successive court victories they have been securing under the current administration. They have been enjoying freedom and have even been installed in government, as if their crimes against the Filipino people have been forgotten.

Word-class bureaucrat capitalism under Marcos added to PH econ woes

November 24, 2016

“This narrative highlights the evils of dictatorship and abuse of power. But it falters in explaining why, over three decades after the end of the Marcos regime, the economy still remains so backward in the things that matter – job creation, poverty reduction, agricultural and industrial development, and policy sovereignty. “Bureaucrat capitalism under Marcos was […]

Marcos debt equivalent to 4x 1986 PH budget

November 24, 2016

Marcos dictatorship debt totaling Php470 billion is equivalent to 4x the national government budget of Php121 billion in 1986.