The situation is different this time.
Those protesting are opponents of Thaksin rather than his supporters. His sister, Yingluck Shinawatra, is now prime minister. Her government is under pressure after widespread anger over its recent failed attempt to pass a bill that could have granted amnesty to Thaksin and others.
Although the public has generally moved on from the conflict over the amnesty bill, the opposition Democrat Party is trying to use the issue to bring down Yingluck's government, says Paul Quaglia, director of the Bangkok-based risk assessment firm PQA Associates.
"The government is facing probably a countdown until it will have to dissolve and hold new elections," Quaglia says. "But it doesn't look like it's a replay of 2010 when we're going to see violence in the streets and an extended takeover of central Bangkok."