e-Con e-News

Import-Export Mafia, Drug Lords, Media Barons & Flexible Workers


An ‘international drug mafia’ and ‘fraudulent business operations’ were identified as ‘major challenges’ in Minister of Finance Basil Rajapaksa’s 2022 budget speech. He did not name them.

blog: eesrilanka.wordpress.com

Before you study the economics, study the economists!

 e-Con e-News 5-11 December 2021


An ‘international drug mafia’ and ‘fraudulent business operations’ were identified as ‘major challenges’ in Minister of Finance Basil Rajapaksa’s 2022 budget speech. This mafia, if you believe the capitalist media, is led by people with Sinhala village names – Makandure Madush, et. al. And this mafia is led by those who wear white national couture, according to their cartoonists’ caricature of politicians. Politicians who they claim are more corrupt than their media owners.

But the real mafia are not media villains at all. They wear suits & ties and the occasional hipster sari! They flaunt media-glittered labels and brands. And if you believe their PR-agency-fabricated business headlines, they win (or give themselves) awards every day – ‘carbon-conscious, gender inclusive, socially responsible’, ‘best workplace’, etc.. And constantly making token charitable donations of foreign equipment and goods, the parts of which will have to be imported

They sport names like Citibank, Standard Chartered, HSBC, Chevron, P&G, Unilever, ICI-CIC, Ceylon Tobacco, et al. These multinational corporations (MNCs) provide the street and field mafias with their vast multinational banking, industrial, communication, distribution and disciplinary (gangster) networks, grounded here in the mercantile agency houses of old (see Random Notes).

Their main aim is to prevent our modern industrialization. Modern (machine-making) industrialization would deprive them of the human and natural ‘resources’, they now exploit in the raw. Welcome to the multinational mafia, and their local agents (including economists) always demanding overpriced imports and underpriced exports.


  • The need for a political, economic and military strategy to overcome the present multinational sabotage and disinformation is evident in a memo this week from a former Sri Lankan envoy, now somehow living ‘happily ever after’ in England:


The level of corruption among state employees at all levels

from peons to Secretaries of Ministries is astounding.

From 2000-15 I saw it all as Director General

and Chairman of the National Institute of Fisheries & Nautical Engineering

to Chairman of the Sagara Viswa Vidyalaya, and Ambassador to Vietnam for nearly 6 years.

They don’t like you if you do not allow them the corruption that prevails

as circles within circles in the state sector.

Ministers are mere hostages to them.

I was poisoned 3 times, my family threatened, and worse.

One day a ring leader walked into my office and put on my table a wad of notes

rolled with an elastic band and said ‘Sir, you are too honest.

Please take this money and go home to England

and think whether you would want to return. If you do we will welcome you

if you work with us and not against us.’ I asked him to leave my office

with his money, and a few months later resigned.

Then in Vietnam I realized how well interwoven

the Foreign Ministry staff are in playing the system.

My attaché bought a Mercedes 475 Sports and put up a diplomatic number plate on it.

One day my driver told me this attaché had rented out the Merc

to a Vietnamese drug & prostitution mafia…’ (cont’d in Random Notes).


  • Who manufactured this ‘corruption’ of state workers? What is the link between these drug networks and MNCs with the East India Companies of old? Between foreign-funded ‘civil society’ and their handlers, present day John D’Oylys, the former EIC ‘writer’ who inveigled feudals, poets and priests?’ (Random Notes, Origins of Drug Mafias)


  • ‘We’ll sack 10,000s of workers (or export, or mass murder, them when needed), and sell off more national corporations and resources to keep reproducing this wasteful import-export plantation system inherited from colonialism’ – this is the oligarchy’s wet dream. Their media cannot come clean and state this is what their masters and politicians aim to do. They use euphemisms like ‘labor flexibility’, which they couch beneath wailing about ‘debt, default, foreign reserves, foreign investment, balance of payments’, etc. Refusing to admit that modern industrialization could resolve these issues easily.

Yet undermining the growth of a skilled working class, who would demand modern industrial policies to enable innovative skills for themselves and their children (which will eventually render capitalists obsolete), has always been and is still their greatest nightmare. ee again recalls, the mass dismissals of workers in July 1980 were a dress rehearsal for July ’83, escalating terrorism.


  • ee Focus this week notes: ‘Panic makers are out in numbers glibly predicting Armageddon with crop failure, food shortages, and famine in the near future in this country.’ ee also reproduces how nano technology developed by Sri Lanka was given away to India, who is now selling it back to us! Investing in the rural home market as the basis for modern industrialization, rather than allowing Unilever and other MNCs to rob the surplus to London & New York, is the key.

It is no coincidence that one of England’s largest multinationals – Imperial Chemical Industries (ICI-CIC), producer of major carcinogenic chemicals – is coordinating the attack on Sri Lanka’s nascent organic policy, through a local Peradeniya University professor on the board of ICI subsidiary CIC. ICI is also the owner of Astra-Zeneca. ICI-CIC and Unilever are closely linked. It is they who lead the attack to prevent Sri Lanka from producing the chemicals and machines to make vaccines. Preventing us from taking control of our (especially, rural) economy and home market. Overcoming them is not a tea party.


  • Celebrity economist Thomas Piketty’s thinktank this week released their latest World Inequality 2022 Report. And yes, the news is bad. But what is to be done? Picketty’s Capital ‘invokes the ‘neoclassical’ growth model of Robert Solow, the votary of ‘labor market flexibility’.’ This means in effect ‘smashing trade unions through ‘free hire and fire’. Smashing trade unions on the plea that this would raise employment is currently on the agenda of corporate capital everywhere in the world including India. It’s a pity that Piketty, despite his concern with wealth inequality, adopts a theory that provides sustenance to this corporate agenda. (Prabhat Patnaik, ‘Capitalism, Inequality & Globalization: Thomas Piketty’s Capital in the 21st Century’)


  • Beyond the Boundary – Barbados became the latest republic on planet Earth last week, nominally kicking out the Queen of England as their head of state. The English media are accusing Barbados of fleeing into China’s embrace, and claim other neighboring English colonies will follow suit.

They doth protest too much. Like the kalusuddhas (Black whites) of Sri Lanka, those lands also host a unique postcolonial species called Afro Saxons, who cannot see beyond the fleshpots of white servitude.

Barbados and the Caribbean, divided by the Europeans into ‘West Indies’ islands and ‘ethnicities’, needs to first rewire its colonial cage: That of sugar plantation, tourist paradise for whites, drug entrepots and offshore tax hideouts.

25 years after they invaded Sri Lanka, Portugal invaded that Caribbean land of the Amerindian people in the 1520s In the 1620s, the English first imposed the ‘American plantation system’ based on chattel slavery, onto Barbados. Scottish and Irish being indistinguishable from masters, the English resorted to enslaving Africans. “To barbados’ was once an English verb meaning, ‘to kidnap’.

SBD de Silva’s classic, The Political Economy of Underdevelopment, details how the plantation economy and its slavish practices were implanted here directly from the Caribbean.

SB’s book bowled a sharp yorker at one of the Caribbean’s Nobel-Prize-winning economists, “Sir” Arthur Lewis, who claimed that the plantation system was a modern institution and imparted ‘growth impulses’ to the more ‘backward’ peasant sector. SB was well versed in Caribbean history, from Colombus to Castro. SB quotes Jamaican Professor Norman Girvan in his book, who asked, “If the object of imperial capital is to extract a surplus from the country as such, and assuming that other possible investment opportunities exist… why is the surplus not invested in these other sectors after having made a killing in the mineral [or plantation-cum-mining] sector?”

England’s Prince Charles was invited to “toast” the “transition.” Transition to what? Indeed, Barbados and Sri Lanka will prevail as independent countries only if we invest our accumulated blood, sweat and tears and other juices in our own modern industrial systems to uplift the rural worker. Otherwise this independence business, amounts to mere English chatter. Cheers!


Continued on: eesrilanka.wordpress.com

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