{"id":217932,"date":"2021-04-07T01:00:47","date_gmt":"2021-04-06T19:30:47","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=217932"},"modified":"2021-04-10T18:19:33","modified_gmt":"2021-04-10T12:49:33","slug":"what-should-be-the-political-economic-alternative","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/what-should-be-the-political-economic-alternative\/","title":{"rendered":"What Should Be The Political &#038; Economic Alternative?"},"content":{"rendered":"<p class=\"p1\"><span style=\"color: #ff6600;\"><strong><span class=\"s1\">By <a style=\"color: #ff6600;\" href=\"https:\/\/www.colombotelegraph.com\/?s=Michael+Fernando\">Michael Fernando<\/a> &#8211;<\/span><\/strong><\/span><\/p>\n<div id=\"attachment_160809\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2016\/04\/Michael-Fernando.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-160809\" class=\"size-full wp-image-160809\" src=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2016\/04\/Michael-Fernando.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2016\/04\/Michael-Fernando.jpg 150w, https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2016\/04\/Michael-Fernando-50x50.jpg 50w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><p id=\"caption-attachment-160809\" class=\"wp-caption-text\">Dr. Michael Fernando<\/p><\/div>\n<p class=\"p2\"><span class=\"s1\">During the past 73 years since its independence this country has been govern by the United National Party (UNP) and the Sri Lanka Freedom Party<span class=\"Apple-converted-space\">\u00a0 <\/span>(SLFP) or alliances headed by these two parties. It is very clear that these governments have brought this country to the brink of economic, political and social collapse. The UNP regime which came to power under the leadership of Mr. JR Jayewardene in 1977 introduced to Sri Lanka neo-liberal economic reforms in 1978. All these governments have been corrupt. They followed a policy of cronyism and nepotism.<span class=\"Apple-converted-space\">\u00a0 <\/span>These policies followed by the post-independence regimes and the inefficiency of<span class=\"Apple-converted-space\">\u00a0 <\/span>rulers<span class=\"Apple-converted-space\">\u00a0 <\/span>have now deepened the crisis which the country has been facing.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\"> First we must explain what kind of a economic and political policy we suggest to follow in the present complicated international situation. We reject capitalism together with neo-liberalism.<span class=\"Apple-converted-space\">\u00a0 <\/span>What we need is a system of <b>social justice <\/b>which guarantees <b>individual freedom. <\/b>There were some positive elements in the first active revolution against feudalism and capitalism which took place in October 1917<b> <\/b>in Russia. After the second world war a system called \u201csocialist\u201d was established in Eastern Europe. However, by 1991 this system collapsed in the Soviet Union and other socialist countries due to several reasons including the lack of real social justice. We do not approve the one party rule prevalent in so called socialist countries. We accept<span class=\"Apple-converted-space\">\u00a0 <\/span>democracy which ensures freedom and social justice. In some countries such as China, North Korea, Vietnam and Cuba there is a system called \u201csocialism\u201d. We do not fully agree with this system too. However, we will try to accept only the positive elements from<span class=\"Apple-converted-space\">\u00a0 <\/span>these countries.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\"> We have to be aware of the new developments which have taken place in the international relations when we think of an economic and a political system suitable for us. Whether we like it or not, a certain degree of globalization had occurred in the world economy. Due to this reason we have to accept a kind of a division of labour. For example we can\u2019t try to compete with Japan to produce automobiles. Japan has achieved tremendous advances in that regard. What we can do is to assemble the vehicle parts produced in Japan. We have to do value addition to our resources such as graphite, ilmenite and phosphate. For this, we need new technology and foreign investments. Furthermore we have to give due consideration to the importance of our geo-political location in the Indian Ocean. In other words, we must first exploit our situation in the international economic and political situation before achieving complete social justice.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\"> Moreover reconciliation among all nationalities living in this country is of great importance. We are against some economic and political systems but not any particular nation or country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":320,"featured_media":213766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,46,8],"tags":[],"class_list":["post-217932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colombotelegraph","category-constitutional-reforms","category-editorial"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Should Be The Political &amp; Economic Alternative? - Colombo Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.colombotelegraph.com\/index.php\/what-should-be-the-political-economic-alternative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Should Be The Political &amp; Economic Alternative? 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