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Limits of Bargaining
Analyses the dynamics of the capital-labour bargaining process in the context of the changing nature of the state and market as a result of the adoption of policies of liberalisation and globalisation in India. The analytical point of departure is the nature of collective bargaining in the organised sector of West Bengal since economic liberalisation.
Changing Contexts and Shifting Roles of the Indian State
This book critically discusses the changing relationship between the Indian state and capital by examining the mediating role of society in influencing developmental outcomes. It theorizes the state’s changing context allowing the discussion of its pursuit of contradictory economic and social welfare goals simultaneously. Both structural and ideological factors are argued to contribute to a shifting context, but the centrality of re-distributive politics and the contradictions therein explain a lot of what the state does and cannot do. The book also examines what the state aspires to do but structurally cannot accomplish either because of the scale of the problem or the dysfunctionality th...
Revisiting Inequality
This volume discusses the current state of knowledge on the conceptual understanding of inequality. The book poses a range of empirical puzzles in the Indian context and examines inequalities across categories of the region of residence, caste, and sex, using a fascinating range of outcome indicators, comprising education, health, earnings, self-employment, and crime. The empirical chapters of this volume use various large-scale secondary data sources to expose the deep-rooted, structural inequalities in the Indian society. It answers some of the pertinent questions around inequality such as why do the backward regions of India continue to remain backward, both in terms of economic and human...
The Land Question in India
This volume takes a fresh look at the land question in India. Instead of re-engaging in the rich transition debate in which the transformation of agriculture is seen as a necessary historical step to usher in dynamic capitalist (or socialist) development, this collection critically examines the centrality of land in contemporary development discourse in India. Consequently, the focus is on the role of the state in pushing a process of dispossession of peasants through direct expropriation for developmental purposes such as acquisition of land by (local) states for infrastructure development and to support accumulation strategies of private business through industrialization. Land in India is...
‘Capital’ in the East
This book pursues a Marxist approach with an emphasis on class to reflect on Marx’s Capital in the context of the East. It critically reassesses some of the familiar concepts in Capital and teases out issues that are at its periphery. In various essays, it explores this borderland to promote new concepts and modes of analysing Marx’s treatise in the twenty-first century. Accordingly, it represents an advance in Marxian theory and politics. Examining Marx’s Capital from the perspective and location of the East, the book focuses on many issues that are at the ‘borders’ of Capital, which is concerned principally on unpacking developed capitalism. New concepts are introduced and set in...
Changing Contexts and Shifting Roles of the Indian State
This book critically discusses the changing relationship between the Indian state and capital by examining the mediating role of society in influencing developmental outcomes. It theorizes the state's changing context allowing the discussion of its pursuit of contradictory economic and social welfare goals simultaneously. Both structural and ideological factors are argued to contribute to a shifting context, but the centrality of re-distributive politics and the contradictions therein explain a lot of what the state does and cannot do. The book also examines what the state aspires to do but structurally cannot accomplish either because of the scale of the problem or the dysfunctionality that sets in with continuous reforms. The collection provides rich evidence on the contested forms of governance arising from changing contexts and shifting roles of the state. Readers will benefit from this recasting of the Indian state in terms of the actual forms of intervention today.
Knowledge, Power and Ignorance
What is knowledge, and ignorance? How is it decided? Do power and power relations influence this process? Does the spread of knowledge lead to more ignorance? Is ignorance socially produced? Is knowledge always socially contextualized? This book deals with these important questions on the interplay of knowledge, ignorance and power located in varied contexts in India. As systematic knowledge grows, so does the possibility of ignorance. Ignorance is a state which people attribute to others and is loaded with moral judgment. Thus, being underdeveloped often ‘implies a kind of stupidity or failure’. This volume seeks to be premised in a framework where ignorance is understood as being a soc...
Exploring What Drives Indian Stock Market During Covid-19
This book analyses the dynamics of Indian stock market with a special emphasis during the period following emergence of Covid-19. Coming from the instability in stock market following Covid-19, it delves deeper into the dynamics and unfolds the causal relationship between various economic fundamentals and the stock prices. Observing short-term herding in the stock market following Covid-19, the book's finding suggests that investors in the Indian stock market made investment choices irrationally during Covid-19 crisis periods. It also showcases how the stock market became inefficient following the emergence of pandemic and did not follow the fundamentals. Interestingly, the findings suggest ...
Industrialisation in India
Manufacturing versus services: a misplaced debate -- Global production network: India and developing countries -- Financialisation in India: emerging trends in the corporate sector -- Hierarchies of capital and the architecture of value capture -- Informality: regime of accumulation and discourse of power -- Self-employment as disguised dispossession -- Land acquisition in India: revisiting primitive accumulation -- Decoding resistance and class formation in the neoliberal regime.
