This paper explores the Prayuth regime, which began with a military coup in May 2014. Politically, we indicate how the junta has embedded its power in ways different from the past. It does not pursue a power-sharing governance as in the Prem and Surayud governments, but tries to militarise the cabinet, parliament, and even state-owned enterprises. The new constitution is designed to institutionalise the power of the military and the traditional elite vis-à-vis the electoral forces. Ironically, however, the junta's rule by military decree and discretionary power have weakened the bureaucratic polity, rather than strengthening it. Economically, the Prayuth regime forms a partnership with a group of Sino-Thai conglomerates to establish the Pracharath scheme, with an aim to differentiate its grass-roots development policy from Thaksin's populism (Prachaniyom). Nonetheless, it has become a platform through which the giant firms perform the leading role of ‘Big Brother’ in supervising small businesses in their sectors. Pracharath therefore reflects the collective endeavours of the conglomerates to replace competitive markets with hierarchy, rather than encouraging local firms to catch-up with them.
Thailand fits the pattern of pernicious polarized politics identified in this volume, where a previously excluded group successfully gains political power through the ballot box, governs unilaterally to pursue radical reforms, and produces a backlash from the traditional power elites. In Thailand, elite conflict has been a major part of the story, but this article argues that political polarization there cannot be merely understood as “elite-driven”: conflict among the elites and the masses, and the interaction between them, produced polarized and unstable politics. Violent struggle is caused by class structure and regional, urban-rural disparities; elite struggle activates the existing social cleavages; and ideological framing deepens the polarization. While the Yellow Shirts and traditional elites want to restore and uphold the “Thai-style democracy” with royal nationalism, the Red Shirts espouse the “populist democracy” of strong elected government with popular nationalism and egalitarian social order.
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