Marcos Year 2: A political reckoning?


Fellow politicians taking a wefie with Philippine President Ferdinand Marcos Jr after his second State of the Nation address at the House of Representative in Quezon City. — Reuters

ONE of the greatest illusions of the 20th century was the presupposition that humans are fundamentally rational beings. But just as the Great Recession of 2007–2008 reminded the world of the limits of mainstream economies, with its delusions of efficient and self-correcting markets scaffolding public policy, the recent wave of populist revolts across the world’s oldest democracies has undermined faith in mainstream political science.

This doesn’t mean that human beings are irrational per se, but instead that we are a complex and multifaceted species.

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Bongbong Marcos , second year

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