"Thailand will never be the same again,"
top 20% own 69% of the country's assets while the bottom 20% own only 1%.
less than 1% of the people own nearly half of the country's savings.
How will this political mess end? Will Thaksin Shinawatra finally return to haunt us with his bottomless greed?
Or will the old, oppressive system that perpetuates social injustice prevail to suffocate us?
Is there any way out of this madness?
Ask historian/thinker Nidhi Eeo-seewong, and his answer is a resounding no. In his latest column in Matichon newspaper, he predicted that the proxy wars between the two ruling elite groups - one led by Thaksin, and the other by the old ruling clique - will not only continue to play out on the streets, but they would also get more violent.
"Thailand will never be the same again," he wrote. "There is no use in being nostalgic. Instead, we must put our heads together to find out how to minimise the damage."
How, indeed? How can normalcy return when the root problem of extreme economic disparity remains unaddressed? How extreme? Prof Pasuk Phongpaichit did not leave room for doubt about our shamelessly unfair society in her recent keynote speech on "Towards a Fair Society" at the King Prachadhipok Institute conference. Among the glaring facts:
- The top 20% own 69% of the country's assets while the bottom 20% own only 1%.
