Thailand’s political and social fabric is fraying, to the point that the country’s future looks as shaky as it has ever been, because the elite has for too long been able to ignore the interests of common people. Indeed, whereas in other prosperous democracies, the middle class provides the glue that holds society together, in Thailand the bourgeoisie is barely emerging as a social force.
BANGKOK – Thailand’s political and social fabric is fraying. Indeed, the country’s future looks as shaky as it has never been.
In other prosperous democracies, the middle class provides the glue that holds society together. In Thailand, by contrast, the bourgeoisie, centered in Bangkok, is barely emerging as a social and political force.
Instead, for a half-century, an unspoken social contract among four broad groups has held Thailand together: the “Palace” – a euphemism used here to avoid violating draconian lèse majesté laws; big business, the custodian of economic growth; the military, which ensures, first and foremost, the sanctity of the Palace and the moral values it represents; and the common people, mostly rural and urban poor, who accept the rule of the other three estates.
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Rather than reducing concentrated market power through “disruption” or “creative destruction,” technological innovation historically has only added to the problem, by awarding monopolies to just one or a few dominant firms. And market forces offer no remedy to the problem; only public policy can provide that.
shows that technological change leads not to disruption, but to deeper, more enduring forms of market power.
The passing of America’s preeminent foreign-policy thinker and practitioner marks the end of an era. Throughout his long and extraordinarily influential career, Henry Kissinger built a legacy that Americans would be wise to heed in this new era of great-power politics and global disarray.
reviews the life and career of America’s preeminent foreign-policy scholar-practitioner.
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BANGKOK – Thailand’s political and social fabric is fraying. Indeed, the country’s future looks as shaky as it has never been.
In other prosperous democracies, the middle class provides the glue that holds society together. In Thailand, by contrast, the bourgeoisie, centered in Bangkok, is barely emerging as a social and political force.
Instead, for a half-century, an unspoken social contract among four broad groups has held Thailand together: the “Palace” – a euphemism used here to avoid violating draconian lèse majesté laws; big business, the custodian of economic growth; the military, which ensures, first and foremost, the sanctity of the Palace and the moral values it represents; and the common people, mostly rural and urban poor, who accept the rule of the other three estates.
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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