National Economic Summit: Furthering fascism and tightening the neocolonial stranglehold on the Philippines

Basahin ang artikulong ito sa Pilipino

Gloria Macapagal-Arroyo's National Socio-Economic Summit held on December 10 served as a signal fire for intensified fascism and the further surrender of Philippine economic sovereignty. Principal bureaucrats, technocrats, representatives of the big comprador bourgeoisie and leaders of yellow unions were assembled supposedly to identify solutions to the economic crisis and unite on them. The extravagant occasion served to propagate baseless optimism on the future of the Philippine economy.

It offered nothing new, however. It merely reiterated and pushed to the hilt previous policies that have impoverished the people and placed the economy in dire straits. It attempted to achieve a consensus on the imposition of policies and laws that would further tighten the neocolonial stranglehold on the Philippines. Among the proposals are laws for the further privatization and denationalization of Filipino enterprises, endorsement of vigilante groups and others.

For the Filipino people, especially for the worker and peasant masses, the resolutions of the Economic Summit will not bring any upliftment or even temporary relief. The policies that Macapagal-Arroyo wishes to continue imposing can only bring about further unemployment, greater dislocation in the countryside, hunger and oppression for the long-impoverished and oppressed people.

December 2001
English Edition

	Editorial: A year of hardships and ruthlessness for the people
	National Economic Summit: Furthering fascism and tightening the neocolonial stranglehold on the Philippines
	Special Purpose Assets Vehicle: Pushing the Philippines deeper in to the morass of neocolonialism
	The National Budget of 2002: Funds for fascism and puppetry
	Economic crisis: Some significant statistics
	Trickery with unemployment statistics
	Recession in the US, Japan and Germany: Crisis in the centers of capitalism
	Danding and the coco levy funds: Cojuangco shows he is still the master under the Macapagal-Arroyo regime
	SMC-Kirin Agreement: Cojuangco's maneuvers to maintain control over SMC
	The biggest case in the history of the puppet republic: Danding seizes lands in Isabela
	Reports from Correspondents: Agrarian revolution reaps gains in Isabela
	Reports from Correspondents: Ka Haren and Ka Baste: Revolutionary heroism in the face of the enemy
	Reports from Correspondents: On the status of the POWs in Far South Mindanao
	Fascist state on a rampage: People's travails in 11 months of militarization
	With full US imperialism support: Israel intensifies attacks on Palestinians
	Due to grave crisis: Uprising erupts in Argentina
	News