The pendulum of Philippine politics has often swung between two extreme poles: mediocrity and megalomania. And no less than the newly passed Maharlika Investment Fund (MIF) best exemplifies this lamentable trend, if not iron law, in our country's history. On one hand, naming the country's first sovereign wealth fund as 'Maharlika' clearly harkens back to the supposed 'good old days' of dictatorship, when political repression went hand in hand with kleptocratic governance and, crucially, monumentality.

https://opinion.inquirer.net/163754/risa-hontiveros-a-singular-struggle

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