Aquino seeks to define his administration’s legacy. But what legacy?

The Malacañang propaganda line is that the Aquino regime made a real difference to the hardscrabble lives of the majority of Filipinos. But the reality is more entrenched poverty and economic backwardness; unprecedented inequality marked by healthy profit making for multinational corporations and the local elite; untouched feudal relations in the countryside; auctioning of the national patrimony; and unabated environmental destruction. This in the midst of impressive growth rates, credit-rating upgrades, and high scores in “competitiveness” by foreign and local big business and the World Bank.

Basahin: http://bulatlat.com/main/2015/07/29/aquino-seeks-to-define-his-administrations-legacy-but-what-legacy.

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