Is the revolution all over? From the French Revolution

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  History can show the French government revolution that arose in 1789 against the rule of King Louis XVI as the most important milestone in the journey of humanity seeking basic human rights. In the 18th century, the power of the French monarchy was unlimited, and the legislative, executive, and judicial powers of the time were centered around the king. Apart from the nobles, 92% of the country's population consisted of agricultural workers and 6% of the clergy. The nobility and clergy enjoyed unlimited privileges. The nobles who had been freed from the burden of taxes settled down in their slums and enjoyed themselves. The burden of taxes had fallen on the peasants. He even paid the government unnecessary taxes like salt and land taxes. Apart from that, the priest also had to pay a tax called a tithe. The peasants who lived in aristocratic slums were also obliged to pay taxes on their behalf. They paid 50% of their earnings to the king and 30% to the nobles. At the end of the dec...

Sri Lanka’s Recent Political And Economic Challenges

 

economic crysis

Sri Lanka is facing unprecedented political turmoil. It is also facing the weakest economic situation in decades. The country is exposed to external shocks because of foreign loans. And it facing enormous internal problems due to political instability and poor governance.

There are many protest movements in Sri Lanka today. Because the new generation of the country is aware of the current economic and political crisis in the country. Not only that, the people of the country are suffering from many economic problems. Gas shortages, fuel competition, and high prices are examples.

when we categorize Sri Lanka’s challenges, they can be divided into political and economic challenges.

The political challenges mean what challenges politicians face when ruling the country. The rejection of the entire legislature including the president, by the people and the erosion of public confidence in them, the people's dissatisfaction with the unlimited power vested in the president by the 20th amendment, and the existing political system. Can be shown as examples.

The economic challenges mean what challenges Sri Lanka faces when dealing with international and local businesses. Sri Lanka has had usable foreign exchange reserves for only a few weeks, there is a huge shortage of fuel, gas, and electricity, households are struggling to get basic food items, and banks and businesses are facing a dollar deficit. the problems that I mentioned above can be shown as examples of Sri Lanka's economic challenges.


Sri Lanka president Mr. Gotabhaya Rajapaksha announced his request for support from the international monetary fund in march 2022. But the reviewers said that the determination is too late. The Central Bank of Sri Lanka decided to print extra money as a solution to these difficulties. It does not produce good results. This is due to the increase in inflation due to the depreciation of the rupee against foreign currencies.

          As a result of these idiosyncrasies, Sri Lanka today is facing high inflation. Sri Lanka must overcome all the above problems and challenges and move forward successfully within the framework of future democracy.

            The question is how to move forward successfully and democratically in the face of such a difficult economic and political situation.  To grow our economy again it is important that the youth of the country generously support and unite. The economy must be built and foreign currency can be brought to Sri Lanka by restricting imports and capturing foreign markets through exports. Providing workers overseas is another positive answer to this.

          The political situation must be refreshed for a better future. All the Corrupt politicians must be flushed out Control must be in the hands of the right people, and action must be taken to abolish the legal system and constitutional amendments that give the rulers unlimited and undue power. If the regime is corrected, the strengthening of democracy in the country is inevitable.

          Sri Lankans must work together for a better tomorrow, regardless of race, religion, or caste.     

 

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Is the revolution all over? From the French Revolution