KARL MARX TUESDAYS

THE COMMUNIST MANIFESTO

(PHILIPPINE CHAPTER)

By: Mark Cua

Part I 

Bourgeouisie and The Proletariat

"The Bourgeoisie keeps more and more doing away with scattered state of the population,

of the means of production, and of property.

It has agglomerated population centralized the means of production and property into a few hands."

-Communist Manifesto

(Philippine Chapter)

The Philippine Democratic Government is indeed leaving the major and minor industries into the hands of the few oligarchy. The Best Example here is Meralco abusing its monopoly and Big 3 of the Oil Companies found in the Philippines. 

The three big companies kept on manipulating and making Filipinos suffer more in terms of oligarchy. They raise the oil prices with their personal reasons if they want to and makes alibis. Look at the history of Oil Prices in the Philippines. 

In 1977 during the term of President Ferdinand E Marcos, it was only 2 pesos per gallon. But when Democratic President Cory entered it was raised to 8 pesos. After 30 years in the current times, it is now 33 pesos depending if it is gasoline, oil, or diesel. The History of Oil prices is an evidence the abusiveness of Oligarchy within the oil industry. 

Peso to US Dollar history of exchanges you can obviously see the ineffectiveness of the Philippine Democratic System. During the time of Carlos P Garcia and Ferdinand E Marcos, 1 Dollar is equal to 2 pesos. But after Former Democratic President Cory became the leader, it worsened into 10 pesos per 1 US Dollar. During the time of Ramos, it inflated badly to 46 pesos per dollar. 

The currency power is weakened is because it landed only on a few hands most of them are Pro US.