Book excerpt: A major reform package was enacted in Thailand in 1997, coinciding with the promulgation of a new constitution. However, the country's financial problems helped create the conditions for the emergence of the Thai Rak Thai (Thais Love Thai, or TRT) Party under the leadership of Thaksin Shinawatra, a wealthy telecommunications magnate. Since winning a landslide election victory in 2001, Prime Minister Thaksin has exercised an extraordinary degree of personal dominance over the Thai political scene. This book examines the emergence of the TRT; Thaksin's background; his business activities, relationship with the military, use of rhetoric, and wider political economy networks; and the future of Thai politics.