A History of Underdevelopment and Political Economy of Inflation in Sri Lanka
Author | : Dhanusha Gihan Pathirana |
Publisher | : Springer Nature |
Total Pages | : 251 |
Release | : 2020-07-24 |
ISBN-10 | : 9789811556647 |
ISBN-13 | : 9811556644 |
Rating | : 4/5 (47 Downloads) |
Download or read book A History of Underdevelopment and Political Economy of Inflation in Sri Lanka written by Dhanusha Gihan Pathirana and published by Springer Nature. This book was released on 2020-07-24 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a new conceptualisation of inflation in underdeveloped economies, through Sri Lanka’s historical experience. It outlines a general theory of nationalisms in their diverse manifestations across the world, within a historical perspective of capitalist development and underdevelopment. The book, therefore, seeks to capture the production mode holistically, within both its infrastructural and superstructural levels probing their interactions. The theoretical structure through which inflation is analysed synthesises the theory of unproductive labour and Marxian theory of prices of production with labour surplus theory of late Dr. S. B. D. De Silva in the context of underdevelopment. In this light, Professor David Laibman’s Allocation Problem is resolved within a Marxist framework to provide an operational significance to the theory and its application. In the same vein the book also provides a new theoretical interpretation of Sri Lanka’s historical development from the British period onwards through application of theories of capitalist development and surplus labour.