Thai populist subsidies prices Thai rice out of competition, Thai farmers suffer (user search)
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  Thai populist subsidies prices Thai rice out of competition, Thai farmers suffer (search mode)
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Author Topic: Thai populist subsidies prices Thai rice out of competition, Thai farmers suffer  (Read 1005 times)
The Mikado
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« on: July 27, 2012, 11:27:34 AM »

http://business.asiaone.com/Business/News/Story/A1Story20120726-361477.html

Oh, the Thaksinites. 

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The Pheu Thai Party (successor to Thai Rak Thai) decided on a populist policy of subsidizing rice to better pay the rice-growers, heedlessly ignoring warnings that that policy would price Thai rice out of competition.  As a result, for the first time in 100 years, Thailand is no longer the #1 rice exporter in the world, falling behind India and possibly Vietnam.  Coupled with last year's flooding, this makes for two years in a row of subpar rice sales and a bunch of broke farmers all over Thailand.
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The Mikado
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« Reply #1 on: August 01, 2012, 01:51:26 PM »
« Edited: August 01, 2012, 01:54:04 PM by The Mikado »

No I'm just saying this illustrates why the opposition are better.

That's not what you said. You said that this somehow would prove the opposition not to be fascist. Which is retarded. Of course, both sides in Thai politics are bad. No one ever contested that.

It's also amusing that you are suddenly such a free-marketer. One might almost think that your enthusiastic support for the Thai reactionaries was not based on any ideological analysis.

What Gustaf said.  It's one thing to recognize that Thaksin was a huckster and a con artist who sold the Thai people a bill of goods and that Thaksin's followers are demagogues who would be wiling to drive their country into the ground while trying to appeal to populist concerns, but isn't democracy fundamentally all about the right of people to put in a government of demagogues?  If the Democrats want to retake power in Thailand, the answer is obvious: get out there in the rice paddies and steal Thai Rak Thai and its successors' electioneering tactics rather than sneering at them from Bangkok and overthrowing the government every two years.

EDIT:  Until that happens, expect Thai politics to continue in its ridiculous vicious cycle.

1.  People elect Thaksinites, they horrify the establishment with their complete lack of knowledge about...well...anything
2.  Military overthrows civilian government
3.  Military allows civilian government back under the condition they don't elect Thaksinites.
4.  People elect Thaksinites.
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