Thailand maintains and strengthens the major foundations of a traditional society that requires change, according to the globalist perspective: monarchy, a farm-based economy, eschewing hedonistic and consumer-obsessed impulses, the active promotion of de-urbanization, and the self-reliant family as the basis of social order. The London Financial Times has commented that although Thailand’s sluggish economy had been boosted by US investments during the Korean and Vietnam wars, “it never fully developed an indigenous capitalist class able to compete internationally. Instead, local entrepreneurs – of whom Mr Thaksin was one – prospered by forging close relationships with politicians, carving out monopolies in service industries such as telecommunications and construction.” Thailand, like Myanmar and Libya, has found its own unique method of economics. This is “The New Theory,” also known as the “Sufficiency Economy,” formulated by His Majesty King Bhumibol Adulyadej. The doctrine is well explained by Thai Government sources. The King has sought to remind his people that their ancient sovereignty is more important than extravagant lifestyles. In the midst of the 1997 economic crisis, the King reminded his people in his royal address that, “In fact, I have often said… to be a tiger is not important. The important thing is for us to have a self-supporting economy. A self-supporting economy means to have enough to survive.” Diverging from orthodox economic wisdom, he stated that an export-driven economy is a problem, not a solution. The lesson was a learned from the economic crisis that Thailand should reverse its policy of trying to attract foreign capital, and repudiate the globalist economic system.