A response to “Irresponsible and Unattainable Demands” By Kusum Wijetilleke kusumw@gmail.com Economic collapse is no longer imminent; it has arrived. Make no mistake, a set of policy outcomes, as disastrous as this, would lead to mass anarchy in almost any other part of our region. Whatever Sri Lankan sense of pacifism, or apathy, is keeping […]
Oligarchy, government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes. Oligarchies in which members of the ruling group are wealthy or exercise their power through their wealth are known as plutocracies.
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