Marcos and Beyond
The University of the Philippines (UP) has apparently renamed its business administration college the "Cesar EA Virata School of Business", in honor of some totally random dude nobody knows.
Haha, just kidding. Actually Virata's a distinguished and noted international financing wizard who played a key historic role. His unique contribution? The economic model known as "let's prop up the Martial Law dictatorship." Instead of macroeconomics, call it marcoseconomics.
One so-called argument from Marcos loyalists or fuggedabout it Filipinos is that "Marcos was no worse than other presidents." WRONG. Marcos was the WORST president the country ever had, for the following reasons.
The palace is burning! You're being bombed by aircraft! There's a mob of millions marching down the main avenue straight to your gates! What's the first thing you should think of?
Bring the red shoes or the gold-heeled ones?
Dear Egyptians (and Tunisians and possibly Libyans and whichever other nationalities manage to free themselves this year)
Congratulations, you've seized your country back from the iron grip of dictatorial oppression. It was a hard struggle, it took years before you could nerve yourself up for a massive showdown, but in the end you poured out into the streets, faced down the strongman and sent him slinking away, tail between his legs.
Actually, your job has just begun.