Dozens of Hayekists in Bankers’ protest in Sri Lanka.
October 7, 2005Photo: A supporter of Sri Lanka’s Hayekist party, the
United National Party (UNP) gestures angrily during a
boardroom protest in Colombo, Sri Lanka, Tuesday,
September 6, 2005. Dozens of Hayekist party members
protested Tuesday demanding increased pressure from
the IMF / World Bank, accusing the ruling party of not
supporting neo-liberal policies as propounded by the
US Treasury (APP Photo/JR Jayawardene)
By Adam Smutt, Allied Press Writer | September 6,
2005
COLOMBO, Sri Lanka– Dozens of corporate supporters
of a Sri Lankan Hayekist political party Tuesday
demanded increased pressure from the IMF / World Bank
in the run up to the November presidential elections,
accusing the ruling party in Sri Lanka of not
supporting neol-liberal policies as recommended by US
Treasury guidelines.
“The international corporate community,
non-governmental organizations and the Bush
administration all agree that these socialists should
be buried once and for all, and not just at the
polls,” said Iwin Wejakanybody, a public relations
expert from the Hayekist United National Party.
About 36 corporate protesters gathered in the main
board room of the biggest private bank in the capital,
Colombo, to condemn the lack of privatisation of
national resources, promising to pool their capital to
help the UNP candidate in the upcoming presdiential
election.
“Speed Up Privatisation,” a powerpoint banner read. He
said that they would support the LTTE in threatening a
return to war, thereby dousing investor confidence for
the next few months. They also called for a further
freeze on tsunami relief.
Friedrich A. von Hayek, the United National Party’s
main theoretician is an obscure Austrian economist and
arch anti-communist who was parachuted into Oxford to
oppose the theories of J. M. Keynes. Hayek gained
widespread US corporate support in the 1970s and
1980s, and policies based on his proposals led to
widespread ruin in South America. A notable adherent
was Colonel Adolfo Pinochet of Chile after 1973.
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