In one of the spa pools in Manila, a wealthy Filipino man offered me his theory of Philippine society. He had a precise, slightly weary manner of speaking, the register of someone who has thought about this enough times that the thinking has settled into a kind of resignation. The Philippines, he explained, operates on essentially three tiers. At the top, a very small number of families, a few hundred clans whose names recur across the country’s economic history like refrains in a song, who own most of what it is profitable to own. At the bottom, the majority, who are genuinely poor in ways that are different in kind from poverty in wealthier countries, and who have, he suggested, adapted to their circumstances with a resilience that he described as happiness but which might be better understood as a particular form of survival. In the middle, a growing but frustrated class that has absorbed American ideas about what prosperity looks like from decades of television and is discovering that the ideas don’t match the available outcomes.
He was not describing a uniquely Philippine problem. The specific architecture of the thing, the specific families and the specific history that produced them, is Philippine, but the general shape is familiar from a long list of countries where colonial extraction established patterns of wealth concentration that independence did not disrupt. The Philippines was administered by Spain for three hundred and thirty years and then by the United States for fifty, and each administration had different ideas about what the archipelago was for, but neither had among its primary objectives the equitable distribution of the resources it was extracting. The families who owned the land and the businesses when the Americans arrived in 1898 were largely the same families, or their descendants, who owned them when the Americans left. Ferdinand Marcos, who ruled from 1965 until his removal in 1986, added a specific layer of presidential family to the ownership structure and removed a significant quantity of national wealth to overseas accounts and shoe collections, but the underlying pattern predated him and outlasted him.
At the top, a very small number of families, a few hundred clans whose names recur across the country's economic history like refrains in a...
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