Some Eruptions in the Philippine Socioeconomic Volcano: Historical Perspectives of Filipino Responses to the Conditions of Income and Wealth Redistribution

Perfecto  B. Abayan,

Some Eruptions in the Philippine Socioeconomic Volcano: Historical Perspectives of Filipino Responses to the Conditions of Income and Wealth Redistribution

Abstract:

The peace, strength and solidarity of society depends greatly on how much people can afford the kind of life they deserve within their socio-political and economic environment. The nation may be blessed with the rich natural resources that can be transformed to goods and services, the utility of which can satisfy the complex

needs of man to live a full and rich, satisfactory life. However, society may suffer from dissension, disgust, frustration and rebellion if the output of the economic machinery of the nation is shared only by a few wealthy families and the great majority of the people suffer in serfdom, bondage and poverty.