Political Economy Commons^™

The Bourgeois Crown: Capitalism And The Monarchy In Thailand, 1946–2016, Puangchon Unchanam

Dissertations, Theses, and Capstone Projects

In the age of capitalism, monarchy has been treated as if it were an irrelevant institution. Once capitalism becomes the dominant mode of production in a state, it is argued, monarchy must be either abolished or transformed into a constitutional monarchy, a ceremonial institution that plays no significant role in a capitalist state that is ruled by the bourgeoisie. The monarchy of Thailand, however, fits neither of those two narratives, as it enjoys hegemonic status in the capitalist state, preeminent status in the market, and popular support from the urban bourgeoisie. What explains the resilience of the Thai monarchy in …