Inequality, Oligarchy, and Dynasty
Although some scholars frame inequality as a necessary step towards economic growth, this paper highlights its double-edged nature by examining oligarchy and dynasty as elements of inequality in the Philippine context. The best way to ascertain whether inequality can be advantageous for development...
Saved in:
| Main Author: | |
|---|---|
| Format: | text |
| Published: |
Archīum Ateneo
2023
|
| Subjects: | |
| Online Access: | https://archium.ateneo.edu/asog-pubs/277 https://www.dlsu.edu.ph/wp-content/uploads/2023/05/15mendoza-51123.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Ateneo De Manila University |
| Summary: | Although some scholars frame inequality as a necessary step towards economic growth, this paper highlights its double-edged nature by examining oligarchy and dynasty as elements of inequality in the Philippine context. The best way to ascertain whether inequality can be advantageous for development is to examine how it shapes the context that it works in. The presence of political dynasties is then evaluated based on their impact on patterns of leadership in the country, whereas business oligarchs are assessed by their influence over the structure of the economy. The paper concludes with a three-point agenda to address the root of inequality in the Philippines and enhance genuine competition in the political arena and the market economy. |
|---|