Opinion
What is money?
By Prof Kirthi Tennakone
People, who are over-conscious about money, strive to earn as much as they can in the shortest possible time. Some resort to crooked means of acquiring large sums. Few realise money is not everything but depends on it for survival. The poor sweat and exhaust themselves to earn pennies. Improvised beg for pennies in streets. Governments in debt plead for dollars
Whether you like it or not, money drives modern society. It is hard to think of an affair that costs no money. Being so familiar and too attached people take money for granted and rarely question what it really means. And tends to think of money in terms of currency notes and coins. Money is not something tangible but an abstract entity representing the worthiness of goods and services. Money can be moved across any distance at the speed of light, permitting beneficent transactions as well as laundering. It can be stored to postpone usage or invested.
Concept of money
Philosophers and economists have attempted to define money. According to Aristotle, money facilitate exchange of goods and serve as an assessment of worth – implying money has an intrinsic measurable value. Thereafter gold became the standard of money and the value of currency was defined in terms of weight of gold. Aristotle was materialistic, but his teacher Plato being more idealistic and abstract, disagreed. He denounced linking money to metals like gold and silver and declared money is only a symbol devised to makes exchanges of goods easier. More recent credit theory of money akin to Plato’s idea considers money as the entity that keep track of credit and debit in transactions of commodities and services. International Monetary Fund (IMF) states: money is anything that serves as store of value, unit of account and medium of exchange.
In physics familiar quantities such as length, weight and time are precisely defined in terms of fixed units. Money cannot be similarly defined to the satisfaction and precision of a physicist. It is a social attribute that emerged naturally.
The concepts in physics are understood and defined precisely. We feel temperature, it is the degree of hotness of a body, which can be measured using a thermometer. Physicists have understood temperature as average energy of random motions of molecules constituting the object. Money is also a measurable entity, but cannot be understood that accurately as the simpler idea of temperature.
Complex systems derived from a large number of mutually interacting entities acquire qualities absent or un-meaningful to an individual entity existing alone. We cannot talk about the temperature of one single isolated molecule. Likewise, money made no sense to earliest ancestors of humans, when each adult was singly dependent by himself for food and shelter. As humans advanced, the community noted there are individuals who perform better in certain tasks. Some were good at hunting, while other excelled in searching and digging yams. Why not exchange meat for yams and by how much? Three handfuls of meat for one handful of yams, because yams were a scarce commodity in the forest! The primitive tool makers had an opportunity. They would have exchanged stone tools for meat or yams; devoting lesser time for gathering food and gaining time for improvising better tools. This is the origin of barter system–exchange of goods and services. The barter marketing posed a natural hurdle; the producer of a certain item had to find a customer who possessed something he or she wanted to exchange – a double coincidence of low probability. With the advent of agriculture, grain became a commodity consumed by everybody. The quantity of it being measurable by volume; grain reached the status of a quantifiable commodity, adopted as the standard of barter – a form of money. However, grain money entailed problems. Grain cannot be stored indefinitely and instant transport of large quantities poses insurmountable difficulties. Thereafter, money shifted from grain to weighed amounts of noble metals; gold, silver and copper. Being rare and durable metals served as better exchange materials quantified in handy light weight pieces, which later transformed into coins. A community in a pacific island had used coconuts as the exchange material, one nut as the unit of money. Later, realising the inconvenience of transactions using a bulky object as exchanging agent, they resorted to a rare kind of sea shells. The pacific islanders had no contact with the continent, where metal money originated. Nevertheless, reverting from coconuts to sea shells in the pacific island is conceptually equivalent to going from grain to metal money in the continent. Things material or immaterial can represent money, provided counterfeiting is prevented. Today world has accustomed to paper money. Electronic money already there, might replace it in the future
A society progressing and moving forward, imperatively arrives at the concept of money. Aliens with capabilities similar to humans, if they exist elsewhere in the universe, would undoubtedly use money for their activities. A civilisation cannot advance without invoking the idea of money. How else they would exchange goods and compensate services? English novelist and historian H.G. Wells in his work ‘A modern utopia’ says, I do not see how one can imagine anything at all worthy of being called a civilization without money.
Is money also an evil?
Money is neither an evil nor a virtue intrinsically. Nonetheless, literature frequently portrays money as an evil. According to Aristotle man’s ambition and desire to make money are the most frequent causes of deliberate injustice. Bible says love for money is root of all evil. In the play ‘The Merchant of Venice’ Shakespeare writes a love for money can be deadly. Treating money as something sinister had also originated from the attitude of predatory money lenders. In early days when barter economy was transforming into a currency system. Peasants and workers were deprived of new commodities purchasable only with currency. Money lenders offered coins for unwarranted rates of compound interest. They quarreled and harassed peasants in the event of failure to settle the loan with due interest. Often the law of the land favored the moneylender, supported by corrupt officials of the state. When East India Company introduced their coins to Sri Lanka, moneylender exploited our famers. Folklore recite many such incidents.
Evil is not money but the manipulations of opportunists who grab money unfairly and illegally or use of money to inflect crime. Rightful earning of money is not considered a sin but a meritorious deed worthy of praise as told in Chulasetti Jatakaya.
Chulasetti Jatakaya
Chulasetti who inherited his father’s position as the Treasurer of the King Brahamadatta was a man of unmatched wisdom-a Bodhisattva. One day on way to the palace he saw a dead mouse lying on the road. With a burst of foresight, Bodhisattva declared this is an opportunity for young man to be rich and marry a woman. A poor lad having overheard the words of the Bodhisattva, picked up the carcass sold it for one penny to a nobleman fondling a cat. With the penny he bought jaggery. Serving sweet and water to tired men returning from jungle after collecting flowers, he earned eight pennies. After a series of many other innovative pursuits, he earned sufficient money to buy a shipload of merchandise and sold them to wealthy persons in the town. One day he went to see Chulasetti and told him, I earned so much money because of your words. Chulasetti said, you deserve praise for earning money rightfully. I will give my daughter in marriage to you and transfer my wealth.
Money is neutral and innocent. The neutrality permits any person irrespective of his or her social standing to earn rightfully and become rich, whereas innocence allow rogues to pilfer billions. Society honors the former and condemn the latter.
Relative value of money
A kilogram of sugar costs around 500 rupees in Sri Lanka and about 0.4 dollars in United States. On basis of these prices, can we deduce sugar is more expensive here than in United States? One would argue, as one US dollar amounts to about 360 Sri Lankan rupees, sugar is lot more expensive in Sri Lanka. But what made one United States dollar equivalent to 350 Sri Lankan rupees? The value of money is relative. Conversion rate of US dollars to another currency is absolutely determined by comparison of the average purchasing power of the two currencies. However, currencies are also marketable commodities, value determined by supply and demand, which depend on factors additional to purchasing power and determined by the foreign exchange market. The Central Bank adjust the value of local currency accordingly. Central Banks also have the authority to set the value of local currency at a desired level relative to the dollar. If the productivity of a nation is low, devaluation (depreciation) of its currency would be advantageous, whereas the impact of revaluation (appreciation) likely to be negative; when it comes to earning of foreign exchange.
Wages and prices of goods together decides money’s worth in the society. If you express price of sugar as a fraction of the average wage of people in United States and Sri Lanka, you can meaningfully conclude sugar is cheaper in United States. Obviously, this fraction remains independent of the unit of currency. Likewise, the fraction defined as: the average price of goods divided by the available supply of money remain invariant with respect to the unit of currency. Economists, conjecture that the price level of goods increase in proportion to the money supply. When a government print money to raise the wages, the price level escalates. Compelling workers to demand further salary increases and if implemented by printing more money, prices of goods continue to increase – an economic outcome referred to as hyperinflation. The price of goods can be reduced effectively only by boosting the production.
Hard currency
Nation cry for dollars, shouting we cannot purchase adequate quantities essential commodities without this brand of money. Hard money means a kind of currency accepted in international transactions and readily convertible. United States dollar stands as the hardest currency – competitively preferred in global business dealings. Other currencies acknowledged as hard are; Euro, Japanese Yen, Great Britain Pound, Swiss Franc and Canadian and Australian Dollars. A general consensus of credibility in transactions determine hardness. The countries where hard currencies originate are politically stable and economically sound offering a wide variety of quality goods and services. It is impossible to define a hard currency precisely. They originate as competitive selection of different brands of money.
Development plans and Monetary Policy
Every country obtains a portion of goods and services from abroad. Demanding foreign exchange which has to be earned and maintained as a reserve. Lower the productivity greater is the requirement of foreign money. Increasing production to optimize local requirements and delivery of exportable goods and services ensure hard currency earnings and economic stability. During past few decades many nations, previously classified as underdeveloped have achieved this goal.
Development plans and monetary policy of a nation are intimately linked. Monetary policy means management of money by a Central Bank to secure price stability and employment. Economic theories and empherical evidence indicate sustainable economic growth necessitates maintenance of a low price level. Unfortunately, foreign exchange heavily influences the price structure and availability certain goods, compelling governments in low income countries to go for loans, to be paid back with interest. The situation is critical when countries are heavily dependent on imports for routine consumption and development. If borrowed funds are not properly utilized or misused the consequences would be disastrous.
Improper expenditure of money by governments: Wrong policies
The greatest harm to an economy would be the diversion public funds to avenues having no bearing on production and social wellbeing. Such expenditures incur as massive projects commissioned without ascertaining economic returns or misappropriation.
Providing extraordinary financial benefits to sectors not commensurately contributing to the society, constrains the budget and discourages productive groups who agitate for fairness. Programmes geared for alleviation of poverty and employment are sometimes counterproductive. Poor should be supported to become rich providing substantial inputs, instead of stagnating them at the same level of deprivation giving token subsidies. Instead of exploiting cheap labor to earn dollars, country needs to introduce policies to breed high quality labour for domestic and overseas expectations. Increasing work force for shake of employment creates inefficiency.
The human resource turns productive and innovative only when they receive proper education. It is a myth to believe that a general education inclined only towards technology will nurture innovators. Educational reforms have to consider inculcating rational thinking, absence of which is the root cause of many social ills. Innovators are dreamers who undertake risk, dispelling myth. Our policies should be geared for the purpose.
An example of wrong policy that will go to history is banning of chemical fertilisers. Even a high school student who had assimilated science understands why the present-day food demand cannot be not met without concentrated fertilisers. The stupidity and motives of the politician is one thing, but a band of so- called experts advocated the idea. The ineffectiveness of their carbon, organic, microbial, bio and biofilm fertilisers has now been manifested to the nation and world at large. Agricultural specialists in our institutions did not (could not) turn out sufficiently vociferous to nip the foolish idea in the bud!
The fertiliser episode reflects a serious fundamental flaw in our entire establishment. Identifying all the factors (not necessarily pertaining to agriculture) and their elimination is absolutely essential to rebuild the nation.
Author can be reached via email: ktenna@yahoo.co.uk
Opinion
Ukraine’s power struggle spills on to the streets
A leadership crisis that exposes the strategic fault lines of Ukraine’s war effort—and the competing imperatives of domestic command, Western pressure, and battlefield reality.
Ukrainian President Volodymyr Zelensky’s abrupt dismissal of Defence Minister Mykhailo Fedorov and his broader cabinet reshuffle have exposed a deep fracture within Ukraine’s wartime power structure. This extends far beyond personalities and into the strategic orientation of the state itself. What is unfolding is not merely a bureaucratic dispute but a crisis of command in a country prosecuting a high intensity, NATO-supported war against Russia.
On 16 July, protests broke out in Kyiv demanding the removal of Commander in Chief Oleksandr Syrskyi and the reinstatement of Fedorov. Smaller demonstrations occurred in Odessa, Lviv, Kharkiv, Lutsk, Dnipro, and other cities. These protests, which have continued for a week, signal a rupture within the prowar bloc that has sustained the Zelensky administration since 2022.
Antiwar sentiment did not drive the demonstrations, in which the “usual suspects” of US-backed “Colour Revolutions” took part. In this case, veterans, territorial defence networks, and upper middleclass “civil society” actors, who remain committed to the war’s continuation. Their demand for Fedorov’s reinstatement reflects a belief that Zelensky has lost operational coherence and strategic clarity. Placards bearing Fedorov’s name were, in effect, endorsements of escalating long range warfare against Russia, despite the catastrophic human toll already borne by both sides.
The political shock waves have reverberated through Ukraine’s Western patrons. The Mayor of Kyiv, Vitaly Klitschko, a major player in the 2014 “Maidan Coup” who is aligned with German strategic interests, condemned the firing publicly as a “big mistake,” while major Western media outlets described the move as “destabilising.” Behind the scenes, officials in Washington and Brussels viewed the sudden change with alarm. Such reactions reveal the degree to which Fedorov had become embedded in Western military technical planning, particularly in the domain of drone warfare, where Ukraine’s operations increasingly intersect with NATO intelligence and logistical support.
This conflict has emerged precisely as Ukraine intensifies drone strikes deep inside Russian territory and escalates operations against Crimea. Fedorov, appointed only six months ago, became the face of this strategy, celebrated by Western media as a “drone warfare mastermind” and criticised domestically for sidelining artillery procurement. His approach aligned closely with NATO’s interest in testing and refining asymmetric strike capabilities against Russia.
Zelensky’s subsequent hints that he may reconsider the decision underscore the precariousness of his position. His authority now rests on a fragile balance between Western expectations, domestic military factions, and a society exhausted by mobilisation. His consultations with both Syrskyi and Fedorov suggest an attempt to reassert control over a command structure that is no longer unified.
Fedorov’s postdismissal revelations sharpen the picture. His claim that Syrskyi and Chief of the General Staff Andrii Hnatov blocked reform initiatives systematically, and that Syrskyi enabled corruption, points to a structural clash between two models of warfare. The Western media has analysed the row as one in which Fedorov represents a Westernaligned, technologydriven paradigm emphasising drones, automation, and longrange strikes. It portrays Syrskyi as embodying an entrenched Sovietera command culture, reliant on artillery, mass mobilisation, and hierarchical control. Zelensky’s decision to side with Syrskyi is presented as a political calculation, preserving the loyalty of the traditional military establishment at the expense of the “reformist” faction.
However, Fedorov’s political alliances complicate this narrative. His cultivation of farright networks, including neo Nazi blogger Serhii Sternenko, reveals the darker undercurrents of Ukraine’s wartime coalition. Sternenko’s role in the 2014 Odessa massacre underscores how extremist actors continue to intersect with state structures, especially in moments of institutional fragmentation.
In actual fact, the power struggle reflects a contradiction between two elite strategies for managing subordination. Ukraine is a subaltern national state embedded in a wider hierarchy of imperialist power. Fedorov is tied to global centi-billionaires and Western technology platforms. His camp can look “more Western” because it is more integrated into transnational circuits of capital and war-tech. The apparent modernity of that model still carries dependency: it improves efficiency while deepening reliance on external monopolies. The war state becomes dependent on foreign-owned infrastructure, satellite systems, software, and elite relationships, which gives external capital leverage over military coordination and political priorities.
Syrskyi, by contrast, is closer to an older form of domestic elite power: the military-bureaucratic order linked to native oligarchic interests, procurement channels, and patronage. This is a more nationally rooted fraction of the bourgeois bloc, but not necessarily a more independent one, because Ukrainian oligarchic power has long been intertwined with Western finance, arms flows, and state restructuring.
The struggle between Syrskyi and Fedorov therefore reflects competing modes of dependency, and (although clearly the Western establishment favours the latter) not a clean split between “national” and “Western” camps. One route passes through transnational tech capital and managerial reform; the other through entrenched oligarchic-military command and domestic networks of influence. The clash is therefore not an isolated dispute but a symptom of an intra-elite struggle over how Ukraine should be governed as a dependent war economy. Neither side points beyond bourgeois rule; they are different management styles of the same subordinated state form.
Taken together, the crisis reflects a deeper geopolitical reality: Ukraine’s war effort is no longer anchored by a unified elite consensus. Instead, it is being pulled apart by competing military doctrines, Western strategic pressures, corruption scandals, and the exhaustion of a society asked to sustain indefinite mobilisation.
Vinod Moonesinghe, formerly chair of the Ceylon German Technical Training Institute and of the National Institute for Language Education and Training, serves as Convenor of the Asia Progress Forum.
By Vinod Moonesinghe ✍️
Opinion
Loneliness of young men: A crisis that demands compassion
I never learned how to communicate my emotions properly, even with my closest friends. It was only when a friend of mine called to tell me about the immense pressure and struggles he was experiencing that I realised how deeply ingrained this issue truly is in us. We are all taught, whether subliminally or explicitly, that expressing our emotions and seeking help are weaknesses. Even when talking to those close to us, it is the norm to keep our feelings secondary. That phone call revealed something I had sensed but never named: young men like us are experiencing an epidemic of loneliness, and our society has left us to face it alone.
Male loneliness and disengagement among young men aged 15 to 29 has emerged as a critical social and political crisis. As a young man, I have witnessed how pervasive disconnection isolates my peers, leaving them vulnerable to harmful online influences. The lack of emotional support systems, positive male role models, and societal permission for vulnerability drives young men toward toxic ideologies that further increase their isolation and threaten societal connection. This failure is a deeply systemic one, and it demands urgent action.
I think often about that phone call from my friend. Here was someone I had known for years, someone I considered close, and yet neither of us had ever truly discussed what we were going through. We had talked about sports, school, and superficial matters, but never the weight we carried. When he finally opened up, I realised I had been waiting for permission to do the same. This is the tragedy of male socialisation: we are surrounded by others who share our struggles, yet we are conditioned to suffer in silence. The statistics confirm what I experienced personally: we are a generation in crisis.
I am 17 years old, and I write this as a Sri Lankan-American trying to make sense of two worlds. My father was born in Colombo, and my grandparents, after 35 years in Washington, D.C., returned to Sri Lanka a decade ago, drawn by a homeland that continues to shape our family’s identity. On a visit to see them, we made a pilgrimage to Kataragama, one of the holiest sites on the island. Watching the devotees there, people from every background, every faith, my grandmother spoke to me about anukampā. It’s a Sinhala word that’s hard to translate exactly. She described it as what happens when your heart trembles because someone else is suffering. Not pity, not sympathy from a distance, but actually feeling it with them, and being moved to do something about it.
That idea stayed with me. When I think about what young men need, what I needed when I was struggling and didn’t know how to ask for help, it’s exactly that. Not judgment. Not being told to toughen up. Just someone whose heart trembles with ours, who sees our pain and responds. This essay argues that the epidemic of male loneliness stems from systemic failures in education and community support, pushing young men toward radical online communities. We need schools, governments, and communities to respond with the kind of compassion my grandmother described, and we need it now.
A Global Epidemic in Numbers
Recent data underscores the severity of male loneliness. A 2021 survey by the American Enterprise Institute found that 15 percent of men report having no close friends, a sharp rise from just 3 percent in 1990 (Cox, 2021). For young men aged 18 to 29, this isolation is particularly acute, with 27 percent reporting no meaningful social connections (American Enterprise Institute, 2021). This disconnection correlates with declining mental health: the National Institute of Mental Health reports that men aged 18 to 25 have suicide rates three times higher than their female counterparts (NIMH, 2023). These statistics reveal a generation of young men struggling to find belonging in a society that often equates emotional expression with weakness.
The World Health Organization’s 2025 Commission on Social Connection confirms that loneliness has become a defining public health crisis of our era. The WHO reports that one in six people worldwide is affected by loneliness, with the phenomenon linked to an estimated 871,000 deaths annually, more than 100 deaths every hour (WHO, 2025). Young people bear a disproportionate burden: between 17 and 21 percent of individuals aged 13 to 29 report feeling lonely, with the highest rates among teenagers (WHO, 2025). Gallup’s 2025 data reveals that 25 percent of American men aged 15 to 34 experience daily loneliness, significantly higher than the 18 percent national average and notably higher than their female peers, who also report 18 percent (Gallup, 2025). The United States stands out among wealthy nations: nowhere else is the gap between young male loneliness and the rest of the population as pronounced.
The Absence of Role Models
I attribute this crisis to the absence of positive, accessible male role models. Traditional notions of masculinity emphasise stoicism and competition, leaving young men without guidance on emotional health or self-awareness. Schools and communities rarely provide structured environments for boys to develop emotional literacy, unlike programs often available for girls, such as mentorship initiatives or social-emotional learning curricula tailored to female experiences (Brooks, 2022). This systemic oversight leaves young men to navigate their emotional lives alone, often turning to the internet for answers.
The cultural norms that stigmatise male vulnerability are not accidental; they are reinforced from childhood through adulthood. Phrases like “man up” and “boys don’t cry” communicate a clear message: emotional expression is weakness (Pollack, 1998). Moreover, mental health services remain inaccessible due to cost or stigma, with only 27 percent of men seeking therapy compared to 45 percent of women (American Psychological Association, 2021). Blaming individuals for their isolation overlooks the systemic failures that leave young men without the tools or spaces to address their emotional needs.
The Lure of Toxic Online Communities
In the absence of real-world support, young men are drawn to online communities, particularly those within the “Red Pill” movement, which promise belonging but often promote harmful
ideologies. Influencers like Andrew Tate or “Red Pill” podcast hosts offer messages of discipline and strength that resonate with isolated young men.
They are effective in their messaging because they feel relatable to millions of men across the country. Unlike celebrities and professional athletes, who can feel distant, these influencers are often everyday people, making their messages more direct and effective. Their content creates a one-on-one experience that speaks individually to every viewer and listener. As an example, when a multi-millionaire singer addresses their audience about an issue, it can feel impersonal and disconnected because their message is directed to hundreds of millions of people. On the other hand, when a young man can call into an influencer’s show, be heard and his views validated, this creates a powerful sense of belonging. It becomes less like watching content and more like talking to your friends.
However, the danger lies in the unchecked spread of misogyny, conspiracy theories, and radical beliefs. A 2022 study by the Anti-Defamation League found that 60 percent of young men exposed to “Red Pill” content reported increased hostility toward women, with many endorsing views that frame vulnerability as weakness (ADL, 2022). These influencers exploit the emotional void in young men’s lives, offering a sense of community while reinforcing the very isolation they claim to address. By presenting their ideologies as undeniable truths, they radicalize vulnerable audiences, with real-world consequences.
Political Ramifications
The political ramifications of this crisis are undeniable. In the 2024 U.S. presidential election, Donald Trump secured 56 percent of the young male vote, a significant increase from 41 percent in 2020 (AP VoteCast, 2024). This shift aligns with the rise of far-right movements, including MAGA, which capitalise on young men’s disillusionment by promoting narratives of dominance and control. Political scientist John Sides argues that these movements fill an emotional void by offering a sense of purpose and identity to disaffected men (Sides, 2024). Meanwhile, progressive voices often dismiss young men’s struggles as entitlement, failing to engage them with empathy or provide alternative spaces for connection. This imbalance allows far-right ideologies to dominate the narrative, further alienating young men from constructive societal participation.
Sri Lanka’s Parallel Challenge
This crisis is not confined to American shores. Sri Lanka, a nation that has endured decades of civil conflict, a devastating tsunami, and recent economic upheaval, faces its own youth mental health emergency. A WHO Global School-based Health Survey found that 30.8 percent of Sri Lankan adolescents report loneliness, while 40.3 percent experienced some form of mental health difficulty in the year preceding the survey (Rasalingam et al., 2022). The data is stark:
20.2 percent of adolescents experienced anxiety, and 3.7 percent reported suicidal ideation.
A separate study published in BJPsych International revealed that 9.5 percent of Sri Lankan school children aged 13 to 17 had seriously considered attempting suicide, with nearly 39 percent experiencing bullying within the preceding month (Wickramaseckara Rajapakshe et
al., 2023). Sri Lanka has historically had one of the highest suicide rates in the world, and while pesticide regulation has reduced overall numbers, the underlying mental health crisis, particularly among young people, remains insufficiently addressed. The country has approximately 170 board-certified psychiatrists serving a population of over 22 million, with adolescent mental health services only recently beginning to develop.
The parallels between American and Sri Lankan young men are instructive. Both face traditional cultural expectations around masculinity that discourage emotional expression. Both navigate economic uncertainty and rapidly changing social landscapes. Both are increasingly exposed to global digital platforms that can either connect or isolate, and both deserve better than what their societies currently offer. In both countries, the old ways of raising boys, telling them to be tough, to hide their feelings, to figure it out on their own, are failing a new generation.
What Compassion Looks Like in Practice
When my grandmother explained anukampā to me, she wasn’t giving a philosophy lecture. She was telling me how to be a good person. Your heart should tremble when you see someone suffering, she said. Then, you do something. That’s the difference between feeling bad for someone and actually caring: one keeps you comfortable, the other demands action.
To address this crisis, society must prioritise emotional literacy and community-building for young men. Schools should implement mandatory social-emotional learning programmes tailored to boys, teaching communication and vulnerability as strengths, not weaknesses. Community organisations can create mentorship programmes pairing young men with positive role models who model healthy masculinity: men who demonstrate that strength includes the courage to be vulnerable, that leadership includes the wisdom to listen, and that success includes the capacity to form meaningful relationships.
Additionally, policymakers must invest in accessible mental health resources, reducing financial and cultural barriers to care. The WHO’s 2025 report emphasises that solutions exist at national, community, and individual levels, from policy reform to strengthening social infrastructure like parks, libraries, and community centres where genuine human connection can flourish (WHO, 2025). These interventions can counteract the allure of toxic online spaces by providing young men with real-world support and belonging.
Sri Lanka, with its deep Buddhist roots, has something to offer to this global conversation. The concept of anukampā isn’t just a religious idea, it’s a practical one. It asks us to feel what others feel and then act on it. I call on leaders in Sri Lanka and around the world, teachers, politicians, religious figures, and community elders, to take this seriously. Young men are not a problem to be solved. They are people who are hurting, and they deserve to be met with hearts that tremble alongside theirs.
A Personal Plea
Young men’s loneliness isn’t a personal failing; it’s a societal one. The concept of “just toughen up” no longer works. This perspective ignores the structural barriers that discourage emotional expression. When people tell us to simply try harder, they overlook the fact that we were never given the tools to begin with.
What gave my friend the courage to reach out that day? What would have happened if he hadn’t? How many other young men are carrying that same weight in silence, waiting for permission that may never come? I have seen how policy and community engagement can make a difference. But policy alone is not enough. We need a cultural shift and a willingness to actually feel the pain of this generation and respond to it.
By neglecting to provide young men with emotional tools and supportive communities, we drive them toward radical ideologies that perpetuate division and harm. The evidence, from rising isolation rates to political shifts, demands urgent action. By fostering emotional literacy, creating mentorship opportunities, and challenging outdated notions of masculinity, society can empower young men to build meaningful connections and reject toxic influences.
If we fail to act, we risk creating a more divided and hostile world. But if we respond with real compassion, if our hearts tremble with the suffering of this generation and we are moved to action, we offer young men what they most need: the knowledge that their struggles are seen, their suffering is shared, and they are not alone. That is what my friend gave me when he called. That is what I hope to give others, and that is what I ask of you.
References
American Enterprise Institute. (2021). The Decline of Friendship in America. Retrieved from AEI.org
American Psychological Association. (2021). Mental Health Service Utilization by Gender. Retrieved from APA.org
Anti-Defamation League. (2022). Online Hate and Its Impact on Young Men. Retrieved from ADL.org AP VoteCast. (2024). 2024 Presidential Election Voter Demographics. Associated Press.
Brooks, D. (2022). The Boy Crisis: Why Our Boys Are Struggling and What We Can Do About It. Basic Books.
Cox, D. A. (2021). Men’s Social Circles Are Shrinking. American Enterprise Institute.
Gallup. (2025). Younger Men in the U.S. Among the Loneliest in West. Gallup World Poll. Retrieved from https://news.gallup.com/poll/690788/younger-men-among-loneliest-west.aspx
National Institute of Mental Health. (2023). Suicide Statistics by Demographics. Retrieved from NIMH.nih.gov
Pollack, W. (1998). Real Boys: Rescuing Our Sons from the Myths of Boyhood. Random House.
Rasalingam, A., et al. (2022). Assessment of mental health problems among adolescents in Sri Lanka: Findings from the cross-sectional Global School-based Health Survey. Health Science Reports, 5(6), e886. Retrieved from https://pmc.ncbi.nlm.nih.gov/articles/PMC9576112/
Sides, J. (2024). The Political Appeal of Far-Right Movements to Young Men. Journal of Political Science, 45(3), 112–130.
Smith, R. (2023). The Rise of Red Pill Influencers and Their Impact on Youth. Social Media Studies, 12(4), 89–104.
Wickramaseckara Rajapakshe, O. B., Mohan, M., & Singh, S. P. (2023). Development of adolescent mental health services in Sri Lanka. BJPsych International, 20(2), 41–43. Retrieved from https://pmc.ncbi.nlm.nih.gov/articles/PMC10895478/
World Health Organization. (2025). WHO Commission on Social Connection: Global Report on Loneliness and Social Isolation. Geneva: WHO. Retrieved from https://www.who.int/news/item/30-06-2025-social-connection-linked-to-improved-heath-and-reduced-risk-of-early-death
by Nikhil de Silva ✍️
Opinion
Bleeding Treasury: Multi-billion rupee liquor sticker scam and urgent need for systemic reform
by Prof. Asoka. S. Seneviratne
For a nation navigating the perilous waters of economic recovery, fiscal discipline is not a mere bureaucratic preference, it is a matter of absolute national survival. Every single rupee leaked from the state Treasury directly compromises public services, infrastructure, and the socioeconomic welfare of millions of citizens. Yet, while the public bears the burden of high taxation, a monumental revenue hemorrhage has been silently occurring at the heart of the state’s revenue framework.
The security sticker system, ironically introduced by the Department of Excise to curb tax evasion and regulate alcohol production, has evolved into an unprecedented conduit for systemic fraud. Recent disclosures by the Parliamentary Committee on Public Finance (COPF) and the Committee on Public Accounts (COPA) have laid bare a terrifying reality: a multi-billion rupee scam that has starved the state treasury of critical revenue while enriching an entrenched network of colluding officials, foreign contractors, and unscrupulous local distilleries. This article deconstructs the anatomy of this institutional disaster, exposes those who turned a blind eye, and outlines the radical legislative and structural overhaul required to permanently safeguard our national revenue.
Shocking Scale of Treasury Revenue Leakage
The financial dimensions of the liquor security sticker fraud are staggering. According to parliamentary oversight committee revelations, the calculated revenue leakage resulting from the circulation of counterfeit and illegally diverted genuine security stamps has reached an estimated tens of billions of rupees annually. To contextualize this loss for the public, legislative watchdogs noted that the volume of state funds evaporating through this single loophole is equivalent to financing multiple massive national health infrastructure projects on the scale of the Suwaseriya ambulance service.
When an illicitly produced or unrecorded bottle of liquor enters the formal retail supply chain bearing a compromised sticker, the treasury loses the entirety of the heavy excise duty levied on it. For every bottle of standard spirits pushed through this parallel economy, thousands of rupees bypass the state completely and flow straight into the pockets of criminals. This is not a minor leak; it is a macroeconomic catastrophe.
The Anatomy of an Exploitative Procurement Blueprint
The foundation of this multi-billion rupee hemorrhage was laid not in illicit distilleries, but within the fine print of a deeply compromised state procurement contract. The state entered into a long-term agreement with an external vendor, Madras Security Printers (MSP), to supply physical tax stamps and digital authentication features. Under the terms of this active contract, which runs until January 2, 2027, the state has been paying an inflated rate of approximately US$ 7.99 per 1,000 digital markings—inclusive of port and customs levies.
The technical absurdity of this arrangement was laid bare by COPF: over 80% of local alcohol manufacturers have transitioned away from physical paper stickers to digital markings printed directly onto bottles during high-speed production. Despite the total elimination of physical paper, printing, and shipping costs, the state continues to pay the maximum contract rate for a digital label that inherently costs fractions of a single cent to generate. The treasury is effectively subsidizing an extortionate profit margin for an external vendor under the guise of security procurement.
Deliberate Inaction: Who Ignored Warning Signs?
A fraud of this magnitude cannot survive in a vacuum; it requires the oxygen of institutional indifference. Multiple administrative layers systematically ignored glaring red flags for years. When the initial procurement process was floated, the Presidential Secretariat’s Procurement Appeal Board intercepted the project and ordered a complete recall due to glaring technical and procedural irregularities. Yet, administrative bodies willfully bypassed these warnings, re-tendering and locking the state into a contract with the exact same questionable entity.
Furthermore, international watchdogs and civil society groups had repeatedly raised alarms regarding the specific foreign contractor’s operational history, citing severe software manipulation disputes, security breaches, and counterfeit controversies in developing nations such as Kenya, South Sudan, and Bangladesh. By turning a blind eye to these verified international precedents, the high-level decision-makers who finalized this framework effectively left the keys to Sri Lanka’s revenue vault in compromised hands.
The primary regulatory bulwark against liquor tax evasion is the Department of Excise, yet its leadership presided over a total collapse of operational oversight. In an era dominated by rapid technological advancement, oversight committees exposed a staggering vulnerability: the Excise Department completely lacked an integrated, automated backend database system to cross-reference and validate the serial numbers of stamps issued.
By keeping the monitoring framework fundamentally manual, rudimentary, and disconnected, the department created the perfect blind spot. Even worse, the physical QR codes printed on the labels were found to be non-functional for field verification by standard smartphones, making point-of-sale authentication an impossibility. This technical failure ensured that whether a sticker was poorly counterfeited or illicitly leaked from an official batch, it could circulate in retail outlets with complete impunity.
Systemic Inside Collusion and Forensic Truth
Recent law enforcement interventions have shattered the narrative that this scam is merely the work of isolated, low-level bootleggers. Following extensive raids conducted by the Criminal Investigation Department (CID) at illicit distribution hubs, such as the massive bust in Malabe where thousands of liters of untaxed alcohol were seized, forensic teams uncovered a dark truth. Many of the “fake” security stamps affixed to the illegal bottles were not counterfeits at all; they were authentic, officially generated high-security labels.
Arrested suspects and trade union whistleblowers have detailed a deeply entrenched criminal nexus inside the regulatory apparatus. Corrupt excise officials reportedly coordinated directly with sub-agents to divert genuine sticker batches straight into illicit blending plants. There are even documented allegations of senior executives actively calling field teams to abort ongoing raids on compromised retail outlets, and in some cases, transporting seized illicit stocks into regional offices to manually paste genuine stickers after the fact to contaminate legal evidence.
Abolishing the Corrupt “Spot Fine” Loophole
For decades, the wealthy masterminds behind revenue fraud have exploited a massive legal loophole embedded within antiquated sections of the Excise Ordinance: the compounding of offenses via “spot fines.” Under this archaic system, when a prominent distillery or major retail distributor is caught manufacturing or selling untaxed liquor with fraudulent stamps, the department frequently settles the matter quietly behind closed doors through an administrative fine.
This spot fine framework must be completely and unconditionally abolished. It strips the judicial system of its jurisdiction and allows corporate criminals to view state penalties as a minor, predictable cost of doing business. A multi-billion rupee assault on the state treasury cannot be settled with an administrative slap on the wrist. Every instance of sticker fraud must be automatically escalated to the Attorney General’s Department for mandatory criminal prosecution, eliminating the arbitrary discretionary powers currently weaponized by corrupt bureaucrats to shield their corporate conspirators.
A Mandate for Drastic Punishments: Confiscation and Mandatory Prison
To break the back of these deeply entrenched syndicates, the state must introduce an overwhelming “fear factor” into the law. Populist rhetoric and minor financial penalties have failed. The legislative framework governing both the illicit liquor industry and the narcotics trade must be overhauled to introduce draconian, non-negotiable statutory punishments (see graph 1).

When an illicit operation is raided, the state should not wait for a decade of exhausting litigation to freeze assets. The law must allow for the immediate, on-the-spot physical confiscation of all manufacturing infrastructure, land, distribution vehicles, and liquid capital involved in the crime. Combining this immediate economic destruction with a mandatory 20-year minimum prison sentence will fundamentally alter the risk-reward calculus for these criminal syndicates.
It is essential that the above-mentioned penalties be imposed on those who possess illegal firearms and on individuals involved in their unlawful use, possession, or distribution.
Tracing the Spoils: Wealth Investigations and Absolute Asset Forfeiture
The corporate directors, high-ranking state officials, and external collaborators who orchestrated this scam did so driven by unadulterated greed, funneling their illicit gains into luxury real estate, high-end vehicle fleets, and hidden offshore accounts. True justice demands that the prosecution extend far beyond the physical boundaries of the distilleries.
Under the Prevention of Corruption Act and modern anti-money laundering statutes, the state must launch aggressive, retroactive wealth investigations into every single public official, technical evaluation committee member, and excise executive associated with the liquor sticker procurement and enforcement timeline. If an official’s lifestyle, property holdings, or family assets fail to align with their legitimate state-salaried income, those assets must be frozen under public property laws and permanently forfeited to the treasury. Jail time is insufficient if the perpetrator is allowed to return to a hoard of hidden wealth upon release.
Global Best Practices
The systemic vulnerabilities paralysing Sri Lanka’s revenue collection are entirely preventable, as demonstrated by the stringent protocols enforced in developed jurisdictions. Countries like the United Kingdom, Germany, and Singapore do not rely on disconnected, manual validation systems or unchecked external monopolies to collect excise duties.
* Integrated Digital Traceability:
Developed nations deploy advanced, state-owned encrypted track-and-trace networks. Every bottle is assigned a unique, cryptographically secure digital identifier at the moment of manufacture, which is fed directly into a centralized blockchain or real-time ledger managed directly by the state’s central revenue authority, completely bypassing third-party contractors.
* Zero-Tolerance Enforcement Models:
In these jurisdictions, the discovery of a single unrecorded or falsely authenticated product results in the immediate, automated shutdown of the entire facility, multi-million dollar corporate forfeitures, and immediate criminal indictments for corporate directors.
* Independent Oversight:
Revenue departments are audited by completely independent anti-corruption bodies operating outside the ministry’s hierarchy, rendering internal bureaucratic cover-ups virtually impossible.
Uplifting Excise Department:
Architecture of True System Change
A genuine “system change” requires that we simultaneously clean out corruption and completely modernise our institutional infrastructure. The Department of Excise must undergo (i) a comprehensive operational evolution, (ii) matching the standards of modern global revenue authorities.
This transformation must begin with complete digitalisation. The entire department must be integrated into (i) a single Revenue Administration System, (ii) creating a real-time, (iii) transparent data link between the manufacturer, (iv) the customs point, (v) the department’s operations room, and (vi) the Inland Revenue Department. Field officers must be equipped with secure, state-encrypted mobile devices capable of instantly validating digital bottle markings on retail shelves. Furthermore, the human resource structure must be professionalized—merit-based recruitment, independent performance scorecards, and high technical qualifications must completely replace political appointments and arbitrary promotions, building an institution where integrity is structurally guaranteed.
The multi-billion rupee liquor security sticker scam is a stark warning of the catastrophic dangers of institutional decay. It is a textbook case of how flawed procurement, technical loopholes, and insider collusion can combine to systematically drain the lifeblood of our national economy. Sri Lanka can no longer afford to sustain these parallel criminal economies while honest citizens bear the brunt of national recovery.
The upcoming expiration of the current supplier contract on January 2, 2027, presents a critical, unmissable window for absolute reform. The government must seize this moment to dismantle the failed physical sticker framework, bypass exploitative contractor monopolies, and transition to a state-owned, transparent digital tracking architecture. Simultaneously, the legal system must act with uncompromising severity—abolishing spot fines, enacting mandatory 20-year prison sentences, and aggressively liquidating the assets of every official and corporate executive who participated in this betrayal of public trust. The eyes of the nation are wide open, and the demand for real, structural accountability can no longer be ignored.
(The writer served as the Special Adviser to the Office of the President of Namibia from 2006 to 2012 and was a Senior Consultant with the UNDP for 20 years. He was a senior economist with the Central Bank of Sri Lanka (1972-1993). He can be reached at asoka.seneviratne@gmail.com.)
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