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A History of Underdevelopment and Political Economy of Inflation in Sri Lanka - With an Outline of Nationalisms (Hardcover, 1st ed. 2020)
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A History of Underdevelopment and Political Economy of Inflation in Sri Lanka - With an Outline of Nationalisms (Hardcover, 1st ed. 2020)
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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.
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