Time-Energy Accounting for Sri Lanka’s Sovereign Economic Transformation
Sri Lanka stands at the crossroads of financial subjugation and sovereign renewal. With a looming sovereign debt crisis, the nation faces stark choices: continue under the dictates of external creditors or pioneer a post-debt economy grounded in self-sufficiency, ecological stewardship, and labour-based justice. This white paper proposes a comprehensive framework to enable the latter through:
Time–Energy Accounting (TEA) as a real-time, distributed alternative to fiat-based economic transactions
- Mahasammata, a citizen-defined moral consensus and foundational social contract
- Gramaraj, a decentralized governance model rooted in Sri Lanka’s puranagama heritage
- Oxygen Tokens, building upon Ranil Senanayake’s ecological valuation to integrate nature’s services into the accounting core
Together, these frameworks enable a radical yet rooted transformation toward local productive sovereignty.
