50 families own much of the country and no one is bothered

Marlen V. Ronquillo

THAT 50 families in the country had a cumulative net worth of $74 billion and account for 24 percent of the country’s gross domestic product (GDP) was the stale news of two weeks ago. The news sailed through the national consciousness as if it were an expected occurrence, without stirring a single conscience, without a commentary on the tragic impact on the society of such skewed wealth concentration. As if it were a pre-ordained thing and completely acceptable.