Once again, our politicians and their patrons are peddling the lie that the only path to the economic salvation of the Philippines is through more intensified foreign intervention in the economy and a more intensified liberalization of “key industries”. It is almost like routine, from the administration of President Fidel Ramos, to Joseph Estrada, to Gloria Macapagal-Arroyo to Benigno Aquino III, every year or two, the leaders of both Houses of Congress peddle the proposal of changing the economic provisions of the Constitution in order to liberalize the remaining sectors of the economy with “nationalist restrictions.” True enough, faithful to tradition, Senate President Juan Ponce Enrile and House Speaker Feliciano Belmonte comes out today, a few weeks before the State of the Nation Address and the opening of the last session of Congress, to promote “charter change.”
This begs the question, is “free market” liberalization the only path to economic prosperity? A brief look at the economic history of today’s prosperous and developed nations will prove that the path to economic prosperity is paved by national industrialization with strong basis in state intervention through regulation and subsidies, and protectionism–quite the opposite of the neoliberal dogma most of these countries now peddle and force upon the throats of the people of the “third world.”
From Europe to East Asia to the United States, the historical fact is that developed countries from the age of colonialism to the industrial revolution to the post-World War 2 era up until today, violated principles of the “free market” and neoliberal economics to establish and protect their industries and develop into today’s “first world” economies.
So, you believe in socialism, why do you use Facebook, your phone and laptop, why do you wear branded jeans or shoes or eat at fastfood chains, all “products of capitalism”?
This is a typical rhetoric, and a stupid one at that, I get many times from those who are just eager to try and discredit activists and leftists but refuse to engage in ideological tussle.
The first answer is, most often, necessity. So, what do you expect us to wear, loincloths? Second, just so they realize, “capitalism” did not manufacture those products. Industries and the labor of many workers in socialized production did in assembly lines across the globe. We do not owe our shoes, clothes, computers and cars to “capitalism.” Capital did not manufacture them, labor did. In fact, capitalists barely have any participation in production, it is simply by virtue of control and ownership that they appropriate the wealth created by socialized production, and leave the rest scrounging for trickled down salaries and wages.