Be the First to Know

lanka matrimony

Socialism undermines entrepreneurship – Sajith

0 0

Opposition Leader Sajith Premadasa stated that socialism is a force that undermines people’s lives, livelihoods, new businesses, as well as private industries.

He emphasized that socialism’s an anti-entrepreneurial concept that does not foster entrepreneurship but rather hinders it.Premadasa made these remarks in Rathnapura while participating in the launch of the economic vision of Samagi Jana Balawegaya on Wednesday (27).

He pointed out that while some groups advocate for creating a friendly country through building friendly parties, others pursue such goals through socialist systems. However, he argued that industries such as the gem and tea industries cannot thrive under socialism, and entrepreneurs cannot flourish under an economic model centered on extreme left-wing governance. Premadasa condemned socialism as an ideology that brings ruin to people’s lives and livelihoods, characterising it as a betrayal of the country and its citizens.

Reflecting on President Ranasinghe Premadasa’s initiative to establish 200 garment factories, Sajith Premadasa noted that despite initial criticisms, these factories have contributed significantly to the economy by earning foreign exchange. He stressed the need to move away from backward ideologies in order to find solutions and create opportunities for progress.

The post Socialism undermines entrepreneurship – Sajith appeared first on DailyNews.

Leave A Reply

Your email address will not be published.