peak oil, climate change, food costs, debt - thai militarization a symptom of political system failure...,

guardian |  Military coups in Thailand are nothing new. But the latest seizure of power by army chief General Prayuth Chan-ocha underscores the risks to democracy when governments consistently fail to deal adequately with the complex convergence of systemic crises.

Although Chan-ocha has said he is merely seeking to "restore order" in reaction to escalating protests that have seen the deaths of 28 and injury of 700, informed observers point out that the declaration of martial law appears to have been calculated to benefit the coup instigators.

Whatever the case, the opportunity to impose authoritarian rule has emerged in the context of escalating political instability. But few recognise that the driving force of this instability is not simply 'political infighting', but the inexorable intersection of global trends that affect us all.

Three years ago, a prescient editorial in Thailand's English language daily, The Nation, noted that global economic growth was indelibly tied to the abundant availability of cheap oil. Pointing out the links between domestic oil scarcity in countries like Egypt beset with surging social upheaval, the editorial diagnosed the problem as follows:

"The recent sharp rise in food prices has triggered riots in Egypt and other less-developed countries. Higher energy prices have also added on to the inflationary pressure. The poor are the most vulnerable sector to fluctuations in food and energy prices. Governments thus have to come up with subsidy measures for food and energy."

What does this imply for Thailand? The editorial continued:

"The Thai inflation rate is very sensitive to higher oil prices, which will drive up local transport and production costs. As a heavy importer of energy, the rising oil price could derail the Thai economy and drain our reserves if we're not careful."

Indeed, Thailand is a net energy importer. As Southeast Asia's second-largest consumer of energy, with total domestic consumption at 108.7 million tonnes of oil equivalent (TOE), the slow demise of cheap energy sources exacerbated by rising demand from India and China has posed a growing challenge. 

Thailand's Ministry of Energy has not been entirely asleep at the wheel. In 2003, a government report acknowledged that the country's "high dependency on imported energy will make Thailand at risk of energy supply disruption and volatility of energy prices, apart from a substantial foreign currency loss for the imports of energy." The report urged the government to embark on a strategy to diversify energy supply sources and ramp up domestic renewable energy investment.

But the pace of transition has been too slow, with "little change to the status quo" - and so far the poor, especially rural farmers who have played an increasing role in recent protests, have been most affected. 

We need to call a spade a spade: Thailand's deteriorating economy is driven significantly by its fossil fuel dependence. In 2013, the International Energy Agency (IEA) warned that Thailand's economy was especially vulnerable to external shocks, disruptions to its energy supplies and oil price escalation. High international oil prices would push up the Consumer Price Index (CPI).