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Continue reading →: Record oil price hikes: People must rage vs neoliberalism
Nearly three decades ago, neoliberal apologists, multilateral creditors, and the big oil companies peddled the lie of the Oil Deregulation Law that the so-called free market will ensure reasonable pump prices for the benefit of all. Today, that free market is telling the jeepney drivers, farmers and fishers, ordinary motorists,…
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Continue reading →: Beyond fuel taxes, regulate and nationalize the oil industry
Exactly how much are jeepney drivers losing because of the unabated oil price hikes? The pump price of diesel has already increased by ₱18.45 per liter (including the latest adjustments on Oct. 26) this year. That is equivalent to two passengers paying the minimum fare of ₱9. Considering that jeepneys…
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Continue reading →: Why are oil prices rising, and what we can we do about it?
Since the start of the year, local pump prices have increased significantly. The government, as always, explains this as the operation of global market forces. Remember that the government deregulated the oil industry, and the country imports almost all its petroleum needs. As such, local price adjustments merely reflect the…
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Continue reading →: Revisiting the legacy of Noynoy Aquino
The late President Aquino is now being remembered as the Philippine leader who stood up to China; but let us also not forget that he was the President who signed the Enhanced Defense Cooperation Agreement (EDCA) with the US, further deepening the neocolonial ties between the two countries and all…
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Continue reading →: Among ASEAN countries, income woes most severe, economic aid most lacking in PH
Among all members of the Association of Southeast Asian Nations (ASEAN), the impact of the pandemic on incomes is worst in the Philippines. The even more dreadful news is that the Duterte administration is providing the least resources for economic aid to support affected workers and other vulnerable sectors. Based…
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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