THE INVISIBLE HAND OF THOSE HOLDING POWER IN THAI POLITICS
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Abstract
The origins of the “invisible hand” in Thai politics can be traced back to the country’s historical power structures, particularly the military, which have exerted significant influence since the 1932 revolution that ended absolute monarchy. The invisible hand represents the invisible but powerful forces, such as the military, the monarchy, the bureaucratic elite, and influential businessmen, who determine political outcomes while operating behind the scenes. The importance of the invisible hand lies in the stability and control of the elite, often at the expense of democratic reform and political transparency.
The “invisible hand” of those holding political power in Thailand refers to the invisible but powerful influence of the military, high-ranking bureaucrats, entrepreneurs, and patronage networks that influence the country’s political trajectory. This invisible hand can act as a stabilizing force, but it can also be an obstacle to democratic reform, especially when the pro-democracy movement gains momentum and pushes for changes in the political system.
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