Wednesday, June 19, 2013

Humanity and Economy

There is unity between humanity and economy. Together they go – hand-in-hand – as a necessary paring. What for is economy without humanity? And how would humanity be without economy? This is some kind of a wake-up call to spiritualistic personalities, an injunction to those whose interest and concern are limited but to the supernatural – without concern with the natural, the here and now.

Yes, there are spiritual truths but there are also materials realities. Yes, there is the need of everlasting grace but there is also the requirement of consumer goods. Yes, there is heaven but there is also earth. Hence: Humanity and economy are joined realities here and now. It is like body and soul being together whereas death comes precisely when they are separated. So it is said that while “Man cannot live on bread alone,” it is however also true that without bread, he cannot continue living.

This brings to fore the inherent significance and consequent relevance of the national economy along the content and spirit of “Article XII, National Economy and Patrimony” of the 1987 Constitution of the Republic of the Philippines. It is now said here and there that there are legislators who want and intend to amend the economic restrictions in the said Constitution. As already well known, there are three ways of amending the Constitution: A Constituent Assembly, A Constitutional Convention, A People’s Initiative.

There were previously some three presidential attempts at changing certain provisions in the present Philippine Constitution – not to mention other three movies to do the same at the instance of certain politicians. All of these however remained but intentions and attempts. This time, another move is being prepared for amending the “economic provisions” of the Constitution – more concretely in conjunction with the restrictions of foreign ownership of land and public utilities. In the event that such restrictions would be thus done away with, some of the questions that come to mind are the following:

Does the contemplated amendment then openly and officially admits that most Filipinos are definitely poor and wherefore incapable of buying lands and owning public utilities in the country? And do the wealthy Filipinos then prefer to invest their moneys abroad for the security and other socio-economic advantages of their investments. After foreigners have in fact bought lands and own public utilities in the country, can Filipinos but and own them back – and under what conditions?

Considering wherefore the intimate partnership between Filipinos and Philippine economy, those pushing for the amendment of the economic provisions of the Philippine Constitution better think much and well. In the event that they succeed in making their desired changes, let them remember that what they do now, cannot have but their impact on the generations yet to come. Careful!