Change? Not three decades after EDSA, not under PDP–IBON

Opinion & Analysis Philippines Aug 11, 2017 at 2:52 pm

The Philippines remains backward and underdeveloped with severe inequality 31 years after the so-called EDSA revolution, research group IBON said. The Duterte administration’s new Philippine Development Plan 2017-2022 will not change this, said the group, in continuing the failed neoliberal policies of the Marcos regime and all subsequent administrations.

EDSA 1986 was a repudiation of the Marcos dictatorship including economic crisis and gross inequality from neoliberal economic policies then pushed by the International Monetary Fund (IMF) and World Bank. The people mobilized in their millions to end not just the dictatorship but also economic crisis and gross inequality. This was clearly expressed in the 1987 Constitution, IBON noted, where nationalist economic provisions articulated the people’s aspirations for social justice and for a sovereign and independent economy.

According to IBON, these are among the promises of EDSA not met in the succeeding 31 years. There has not been any change and, instead, the economy has continued to deteriorate and worsen as a mere appendage of global capitalist powers exploiting our cheap labor, raw materials, and markets.

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