cronyism

Rappler Talk: Ronald Mendoza on lessons learned from Marcos’ crony capitalism

Rappler.com
Rappler Talk: Ronald Mendoza on lessons learned from Marcos’ crony capitalism
On Tuesday, September 1, Rappler editor-at-large Marites Vitug speaks to Ateneo School of Government Dean Ronald Mendoza on conditions that allow corruption to thrive

The dictatorship of Ferdinand Marcos was marred not just by widespread human rights violations but also massive corruption aided by crony capitalism.

Marcos placed his closest allies in companies, gave them power over key industries, all while enabling oligarchs where select people take control of the country.

On Tuesday, September 1, Rappler editor-at-large Marites Vitug speaks to Ateneo School of Government Dean Ronald Mendoza on lessons learned from crony capitalism under Marcos, as events now are reminiscent of the situation then.

Mendoza wrote the foreword to the reissued edition of Some Are Smarter Than Others, the landmark work of Ricardo Manapat that chronicles the structure that enabled plunder and corruption during the Marcos dictatorship.

What are the conditions that allow corruption to thrive? How can the Philippines end oligarchies?

Watch the interview here. – Rappler.com

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