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The International Journal of the Royal Society of Thailand
                                                                                         Volume XII, 2020



                explained the need to include reformed projects into the Constitution thus: “If you

                listen to the protesters, they are saying: this society is not equal, not just, not fair.” 6
                        A study by the ILO noted the link between economic and political
                inequality in these terms:

                        "Instead of triggering redistribution, widening inequality can lead to
                institutions and politics that perpetuate or accelerate it…. Simply put inequality
                in economic resources can lead to inequality in political power, which in turn
                leads  to  unequal  policies  that  impede  efficient  incentives  and  access  to
                opportunities to invest and innovate." (Lee and Gerecke, 2015: 52)


                        Flexible oligarchy

                        In Oligarchy (Winters, 2011), the political scientist Jeffrey Winters showed
                how, across history and across the world, the rich have grabbed political power
                in order to use it to protect their wealth. His chapter on the US details how, over

                the 20  century, the US electoral system shifted from representing people to
                       th
                representing the wealth of corporate and individual donors, and how in parallel
                the taxation system was changed to allow corporations and billionaires to evade
                progressive tax.
                        Oligarchy means rule by the few. Winters narrows this to mean the
                “rich few,” but the term is more useful with its original, broader meaning.
                In the US today, wealth and power roughly coincide so Winters’ redefinition

                works, but elsewhere the few may wish to consolidate status, privilege, and
                assets other than monetary wealth.
                        Oligarchy is especially strong in Thailand because the powerful have

                never been conclusively undermined by a crisis (such as war or economic collapse)
                or strongly challenged by mass mobilization (Pasuk and Baker, 2016: 19-20).
                Thus the modern Thai political system is best viewed as an oligarchy which
                has never been radically threatened from below. But this oligarchy has not been
                static. It has constantly evolved, incorporating new groups and power centers,
                and building internal bonds through networks, patronage ties, and deals. Under
                the absolute monarchy, a bureaucratic elite developed from the late 19  century,
                                                                                          th


                  Speaking at the panel on “An Event with Thailand’s 20  Constitution Drafters” at the Foreign
                6                                                  th
                  Correspondents Club of Thailand, 7 April, 2015.



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                    Pasuk Phongpaichit



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