Sri Lanka current situation

Sri Lanka's full name is 

"Democratic Socialist Republic of Sri Lanka". 

 This "democratic socialism" of Social Democracy was in front of us today.  Sri Lanka have to know everything that "socialism" and "democracy" is only the name of the original, which in modern capitalism (neo-liberal ISM) has ruined the economy of Sri Lanka bankrupt it.  

There are also signs for those socialists who thought the word "socialist" or "communist" with the name of a country or Parthians it takes to truly socialist or communist, and even for those social democracy or democratic socialism  Islam and also for those who understand that the colonial countries is rather feudal and capitalist economic system is the key to economic and social development of these countries is in the national capital.

Sri Lanka has a literacy rate of 93%, employment rate of 95% and public health facilities.  Sri Lanka has the lowest mortality rate in the South.  Sri Lanka made a lot of money from exports and used it to build a social democratic, welfare state. 

 On the other hand, the average minimum wage in Sri Lanka is 10,000 Sri Lankan rupees per month and the average annual income is 7 577 per family, while one dollar is equivalent to about 350 Sri Lankan rupees.  

Thus, despite providing education, health and employment to the people, the Social Democratic, welfare state of Sri Lanka was doomed as inflation caused by the neoliberal capitalist system wiped out the purchasing power of the people.  

This suggests that the measures proposed by the Social Democratic and Liberal circles to improve the economy, such as reducing imports, increasing exports, creating jobs, education and health services, etc., are not fundamental to solving the problems of the economy.  

Keep  If all these facilities are provided to the people by the state but the productive relations remain capitalist, the pricing of wages and essential commodities, especially foodstuffs, is left at the mercy of the market, ie the capitalists.  Even in a social democratic state, the economic system can be ruined.  Every economic system will be in danger of collapse until the perpetual contradiction between labor and capital is eliminated.