The Pathfinder Foundation’s prescriptions in its recent report, ‘Charting the Way Forward: Prosperity for All’ are a blueprint for the failed neoliberal policies of the past and would lead to prosperity for a few and misery for many. While vague and superficial in its analysis and conclusions, the Pathfinder Report’s conceptualization of structural changes to Sri Lanka’s economy has many faulty if not dangerous assumptions.
In particular, the report proposes cutting back on state budgets while promoting labour regimes that will further undermine workers’ rights and incomes. These ideas will only consolidate tendencies of political decay in Sri Lanka, further removing citizens from decisions made by economic ‘experts’. Finding alternatives then must inevitably expose the hoary claims in the report that are being rejected around the world in the wake of economic crisis.