Tag: capital

Why is President Noynoy Aquino ‘baffled’ by high unemployment in the Philippines?

February 12, 2014 benign0 32 Comments

It is quite revealing that Philippine President Benigno Simeon “BS” Aquino III would, one moment, confidently credit himself with the Philippines’ purportedly robust economic numbers then, on another, be left scratching his dome as to the reasons why the “positive” nature of these so-called indicators are not translating to jobs and smiles for the majority…

Development, Economy, Government, Society

The Philippines’ non-stop requests for foreign aid, support, and investments is becoming tiring and embarrassing

February 7, 2014December 20, 2021 benign0 62 Comments

The thing with the precarious position the Philippines finds itself in its dealings with China and the handling of the two big diplomatic crises surrounding it — the dispute over various territories within the West Philippine Sea and the row over the Philippine government’s unsatisfactory resolution of the 2010 hostage crisis in which nine Hong…

Civics, Crime, Culture, Development, Economy, Government, Media

The one and only CORRECT SOLUTION to the profound dysfunction that hobbles Philippine society’s march to prosperity

June 19, 2013June 25, 2013 benign0 27 Comments

[It is time we dug up and presented some of the most ancient scripture from GRP’s antiquity to demonstrate the unparalleled consistency and stability of the conceptual framework that underpins “getrealism”. GRP’s Solution Framework has withstood the test of time and remains the birghtest beacon of real hope in a society starved of insight to…

Culture, Development, Featured

Loser mentality: Filipinos’ 500-year dependence on foreign investment

June 13, 2013July 8, 2015 benign0 10 Comments

To understand the fundamental flaw in the idea of the Philippines’ relying on a strategy of counting on “foreign investment” to rescue its people from their own self-created wretchedness, it is important to understand the equally fundamental definition of poverty. Quite simply: Poverty is a habitual entering into commitments one is inherently unable to honour….

Charter Change, Development, Economy

Loser mentality: Filipinos’ lazy development strategy of attracting foreign investment

May 28, 2013May 28, 2013 benign0 33 Comments

The title of today’s Inquirer.net editorial Excess money says it all. There is enough money swirling around in the domestic economy to fund significant capital expansion. Big Philippine banks manage a big chunk of these funds. Trouble is, as the Inquirer editor observes, “banks choose to park these funds at the Bangko Sentral ng Pilipinas…

Development, Economy, Lifestyle

Parliament and the Philippines: A match made in hell?

May 23, 2013 benign0 9 Comments

[The following is a copy of an article written by the late great culture-is-culprit champion Teddy Benigno originally published on the excellent Philippine Broadsheet The Philippine Star on the 9th May 2003.] * * * Parliamentary system not for Philippines: The wherefores by Teodoro C. Benigno Philippine Star 09 May 2003 The raging debate in…

Culture, Development

Philippine Economy blah-blah at the start of Year 2013

February 6, 2013July 14, 2013 benign0 14 Comments

So the economy is in the limelight again. Hmmmm…. What to say about the Philippine economy… hmmmm. What makes talking about the economy easy is that one need just highlight the same things again — that the Philippine economy is nothing more than an illusion propped up by “commercial activity” brought about by the flow…

Development, Economy, Media

Counter-intuitive solutions to fixing the Philippine economy

April 3, 2012April 3, 2012 benign0 4 Comments

I remain convinced that America’s immense creative and commercial energy will shine through whatever social order is imposed on it; much the same way as the might of Chinese entrepeneurial and industrial ethic managed to thrive in the repressive communist regime of the mainland as well as in even most the dysfunctional and corrupt governments…

Development, Economy, Money Talks