A recent gathering of influential Indonesian oligarchs at a Jakarta cafe signals a shift in support towards Prabowo Subianto, potentially positioning him favorably in the upcoming presidential election. Despite their small number, these American-educated business magnates wield significant economic influence, making up about a third of Indonesia’s economy. The dynamics of this support have evolved since the last election, where President Joko Widodo’s campaign was backed by a member of the Thohir family. The article delves into the enduring impact of Indonesia’s ruling class, emphasizing their sway over politics and the economy, a legacy stretching back to the Suharto era.
The article highlights that nearly three decades after the transition to democracy, the nexus between business and politics remains strong, with as many as half of the parliamentary lawmakers having ties to the mining sector. Despite expectations of reform during Jokowi’s presidency, the elite class has maintained its influence, amassing record wealth while shaping policies to their advantage. Jokowi’s strategic alliances, including appointing businessmen to his cabinet, have been seen as a pragmatic move to achieve his economic goals. However, critics argue that this consolidation of power has led to a lack of transparency, accusations of defanging anti-graft bodies, and concerns about the fairness of the political landscape.
The upcoming presidential election on Feb. 14 raises questions about the influence of Indonesia’s elite in determining the country’s leadership. The article explores the challenges faced by new political players and the controversial provision in the Constitution that requires presidential aspirants to secure backing from a significant portion of parliament members or a quarter of the popular vote from the previous election. Critics argue that this provision limits representation and puts political power out of reach for ordinary citizens.
Jokowi’s critics claim that his governance has contributed to these challenges, citing accusations of weakening anti-graft efforts and passing laws restricting criticism of the president. The article also touches on Indonesia’s ranking in Transparency International’s corruption perception index and concerns about the concentration of power within the political elite.
In a strategic move, Jokowi has allowed his son to run for vice president alongside Prabowo, raising questions about the perpetuation of dynastic politics. This decision has caused fractures in traditional power circles, with implications for corruption probes, allegations of interference on the campaign trail, and shifts in political alliances.
As the presidential election approaches, the article sheds light on the complex interplay between political power, wealth, and the aspirations of the Indonesian people, providing a nuanced perspective on the evolving dynamics of the nation’s political landscape.