Gamini Seneviratne, courtesy of The Island, 18 June 2018
SB who passed away last week at the age of 93 was undoubtedly the foremost analyst we have had of what his principal work defined as “The Political Economy of Underdevelopment”. In that work, first published in 1982, as the blurb puts it, Dr. de Silva dealt with the theory of underdevelopment as he attempted a synthesis between the internal and external aspects of underdevelopment. In the Marxist tradition he focused on the impact of the external on the internal as the dominant reality.
First published in 1982, this reissue deals with the theory of underdevelopment, as Dr. de Silva attempts a synthesis between the internal and external aspects of underdevelopment and, in the Marxist tradition, focuses on the impact of the external on the internal as the dominant reality.Viewing underdevelopment as a problem in the non-transformation to capitalism, this analysis is in terms of the character of the dominant capital and of the dominant classes. Underdevelopment thus encompasses the ‘traditional’ peasant economy and also the export sector where the ‘modernizing’ influence of colonialism was felt. The book finally considers how the contemporary internationalization of capital affected the economies of the Third World.
Filed under British colonialism, British imperialism, centre-periphery relations, cultural transmission, economic processes, export issues, historical interpretation, island economy, landscape wondrous, legal issues, life stories, modernity & modernization, population, power politics, self-reflexivity, sri lankan society, transport and communications, unusual people, working class conditions, world events & processes
Dr. Indrajit Coomaraswamy, Governor, Central Bank of Sri Lanka, presenting the Gamani Corea Memorial Lecture on Monday, 6th November, 2017 at 5.00 p.m. at the BMICH , entitled“Towards a vibrant economy and prosperous country”
I -Introduction: The theme of my remarks this evening is going to be Towards a Vibrant Economy and Prosperous Country. I intend to begin by trying to make the case that this is probably the most favourable set of circumstances Sri Lanka has enjoyed for over five or six decades. I then propose to talk about key paradigm shifts which have changed the landscape for policy-making; the frameworks that have been put in place for macroeconomic policy making; the growth model; the policies to strengthen the growth framework; and some of the Government’s major development programmes. These are embedded in the Government’s Vision 2025 document.
Filed under accountability, centre-periphery relations, China and Chinese influences, energy resources, export issues, historical interpretation, Indian Ocean politics, island economy, landscape wondrous, modernity & modernization, politIcal discourse, sri lankan society, transport and communications, welfare & philanthophy
Sumanasiri Liyanage, in The Island, 3 August 2017, which has the title Reflections on four decades of neo-liberalism: 1977- 2017″”
Senani and Kalpa, two of my former students, gave me a wonderful gift when they returned to Sri Lanka for a summer vacation from the New School of Social Research in New York. The gift that is a copy of Arundhati Roy’s second novel, The Ministry of Utmost Happiness, provided me loads of thought on the subject that I intend to deal with in this essay. Of course her narrative is about India. The following quotation appears to be equally applicable to Sri Lanka’s journey in the last four decades through neoliberalism. On page 105, she writes: “The summer of the city’s resurrection had also been the summer of scams-coal scams, iron-ore scams, housing scams, insurance scams, stamp-paper scams, phone-licence scams, land scams, dam scams, irrigation scams, arms and ammunition scams, petrol-pump scams, polio-vaccine scams, electricity-bill scams, school-book scams, God Men scams, drought-relief scams, car-number plate scams, voter-list scams, identity-card scams- in which politicians, businessmen, businessmen-politicians and politician-businessmen had made off with unimaginable quantities of public money.” If one wants to Sri Lankanize the list she may do some additions and subtractions like karunka scams, pepper scams and of course bond scams. Continue reading
Filed under accountability, american imperialism, cultural transmission, disparagement, economic processes, export issues, foreign policy, governance, heritage, island economy, landscape wondrous, life stories, politIcal discourse, power politics, self-reflexivity, sri lankan society, world events & processes
News Item from High Commission — Canberra, 7 July 2017
The Global Ceylon Tea Party celebrating the 150th anniversary of Ceylon Tea got underway on 6th July with the first party in the Pacific region being held in Canberra at the Sri Lanka High Commission. Specially identified Tea businesses, Tea traders, travel writers & firms and selected academics, officials, diplomats were invited to this unique event.
The programme commenced with a video presentation on the symbol of quality that is Ceylon Tea, and High Commissioner S. Skandakumar addressing the gathering with an overview of the long traditions to ensure the quality and standard that are synonymous with Sri Lanka’s tea industry which has put the country on the world map.
Filed under Australian culture, australian media, commoditification, cultural transmission, economic processes, education, export issues, foreign policy, heritage, historical interpretation, landscape wondrous, propaganda, sri lankan society, world events & processes