tag:blogger.com,1999:blog-7167149547535484177.post7829677910770050450..comments2024-01-20T14:08:08.057+05:30Comments on Serendipity: The Rising Inequality in Sri Lanka – A case of comparison with the US Ratmale,Minneriya,Sri Lankahttp://www.blogger.com/profile/17252632858481217930noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7167149547535484177.post-50991042503858078972014-07-01T10:57:30.816+05:302014-07-01T10:57:30.816+05:30the wealthy in sri lanka also don't build weal...the wealthy in sri lanka also don't build wealth as much as just trade in papers, buying the paper at a lower price than which they sell it. value addition is key to economic development but the rich don't want to invest their funds into productive enterprise. <br /><br />the overseas tax havens like singapore need to be brought to book, and sri lankan assets (ie funds sent abroad by rich sri lankans and held in closely held corporations or trust) must be identified and taxed to incentivize the return of these funds and use for productive purposes, unless they are illicit funds in which case they should be seized by the state and the owners of those funds jailed.<br /><br />a big problem we have in sri lanka lies with the political opposition as it is incompetent in winning the hearts of the sri lankan people, and so the government can go along unaccountable to the public. in addition, all parties are manipulated by greedy private interests which run wild and profiteer when their party assumes office. an independent anti-corruption commission that has judicial and enforcement powers must be established to deal with this problem.<br /><br />There is so much work to do. What are our politicians actually working on then?????????Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7167149547535484177.post-1495433974064917462014-06-30T17:05:58.402+05:302014-06-30T17:05:58.402+05:30Sri Lanka is the Wild West gone totally mad, where...Sri Lanka is the Wild West gone totally mad, where there is NO rule of Law whatsoever.<br /><br />It is simply the rule of thugs of the ruling regime and their accessory who are the Police and other Security Forces, who have clamped down on any resistance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7167149547535484177.post-19050863077726063352014-06-30T17:03:31.760+05:302014-06-30T17:03:31.760+05:30It is clear from just this to any intelligent pers...It is clear from just this to any intelligent person, that Sri Lanka is the ultimate Capitalist State, where as in comparison the US is positively socialist, and it is time we corner all these pundits who keep saying the reverse is true, and show them that they are living in some unreal figment of their imagination. Anonymousnoreply@blogger.com