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The Indian Economy in Transition
Globalization, Capitalism and Development

$120.00 (C)

  • Date Published: October 2015
  • availability: In stock
  • format: Hardback
  • isbn: 9781107076112

$ 120.00 (C)

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About the Authors
  • Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.

    • Explains the transition of the Indian economy against the backdrop of development issues
    • Interrogates and critiques the given debates, ideas and policies about Indian economic transition and development
    • Examines various aspects of India's transition over recent years - land acquisition, privatization, informal sector, micro credit, agricultural crisis, labor laws
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    Reviews & endorsements

    "[This] book is genuinely original and profound. It does not rehearse well-trod and well-known conventional discussions of Indian economic development. Here is both theoretical advance and an exploration of insights enabled by that advance. A new kind of critical Marxian theory is presented and extended, bringing readers the latest developments in this global tradition of radical thought. A new sense of the Indian economy - what 'transitions' are and are not occurring - emerges in powerful analytics … Bravo for an exceptional achievement and contribution."
    Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst

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    Product details

    • Date Published: October 2015
    • format: Hardback
    • isbn: 9781107076112
    • length: 440 pages
    • dimensions: 236 x 161 x 32 mm
    • weight: 0.69kg
    • availability: In stock
  • Table of Contents

    1. The condition of the working class in contemporary India
    2. Capitalism: the 'delusive appearance of things'
    3. Postcolonial development and 'the thought of the outside'
    4. The word and the world of neo-liberalism
    5. The scrypt of transition: between the spectral and the secret thereof
    6. From self-reliance to neo-liberalism: the political economy of 'Reform' (1991–2014)
    7. Global capitalism and world of the third: the emergent cartography of the Indian economy
    8. Inclusive development, state and violence
    9. From economic crisis to transition crisis
    Author index
    Subject index.

  • Authors

    Anjan Chakrabarti, University of Calcutta
    Anjan Chakrabarti holds a PhD in Economics from the University of California, Riverside, and is currently Professor of Economics at the University of Calcutta. His interests include Marxian theory, political philosophy, development economics and Indian economics. He is the author or co-author of seven books and fifty journal articles. His books include Transition and Development in India (co-authored with Stephen Cullenberg), Dislocation and Resettlement in Development: From Third World to World of the Third (co-authored with Anup Dhar) and World of the Third and Global Capitalism (co-authored with Anup Dhar and Stephen Cullenberg). He has published in journals including the Cambridge Journal of Economics, Collegium Anthropologicum, Critical Sociology, Rethinking Marxism, Psychotherapy and Politics International, and Economic and Political Weekly. In 2008, he received the V. K. R. V. Rao Prize in Social Science Research in Economics, awarded by the Indian Council of Social Science Research, the Government of India and the Institute for Social and Economic Change, Bangalore.

    Anup K. Dhar, Ambedkar University
    Anup K. Dhar teaches at the School of Human Studies, Ambedkar University, Delhi.

    Byasdeb Dasgupta, University of Kalyani
    Byasdeb Dasgupta teaches at the Department of Economics, University of Kalyani, West Bengal.

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