Political parties and the power of money in Indonesia and beyond

Abstract

Political parties in Indonesia and in other parts of Southeast Asia have become vitally dependent on the financial support of individuals or conglomerates with large private fortunes. A remarkable new development is that some of the billionaires who have long sponsored political parties have decided to out themselves as political leaders, and thus to adopt the style of oligarchs. I define an oligarchy as a society featuring systematic conflation of political and economic power within the same individuals or within small, elite groups of such individuals in a manner that is visible, tolerated and hence legitimated. The gradual shift from clandestine money politics to open oligarchy is a signi..