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The unknown history of economic conservatism in India after independence Neoliberalism is routinely characterized as an antidemocratic, expert-driven project aimed at insulating markets from politics, devised in the North Atlantic and projected on the rest of the world. Revising this understanding, Toward a Free Economy shows how economic conservatism emerged and was disseminated in a postcolonial society consistent with the logic of democracy. Twelve years after the British left India, a Swatantra (“Freedom”) Party came to life. It encouraged Indians to break with the Indian National Congress Party, which spearheaded the anticolonial nationalist movement and now dominated Indian democra...
"A transnational history of corporatism-a "third path" between capitalism and communism-centered on mid-twentieth century Brazil. Following the First World War, there was a widespread feeling that the unchecked free-market competition had given rise to financial crisis, social unrest, and chronic underdevelopment. With people and governments across the world looking for an alternative to laissez-faire capitalism, Brazil took a central role in experimenting with a "third path" between capitalism and communism: corporatism. Remaking Capitalism: A Global History of Corporatism in Brazil, 1920s-1960s argues that corporatism transformed the Brazilian state into an agent of economic development, a...
A groundbreaking intellectual biography of one of the twentieth century's most influential economists The First Serious Optimist is an intellectual biography of the British economist A. C. Pigou (1877–1959), a founder of welfare economics and one of the twentieth century's most important and original thinkers. Though long overshadowed by his intellectual rival John Maynard Keynes, Pigou was instrumental in focusing economics on the public welfare. And his reputation is experiencing a renaissance today, in part because his idea of "externalities" or spillover costs is the basis of carbon taxes. Drawing from a wealth of archival sources, Ian Kumekawa tells how Pigou reshaped the way the publ...
Reinterprets Dadabhai Naoroji's Indian contribution to global debates on liberalism, capitalism and labour alongside concerns of civil peace.
Untangling the long history of neoliberalism Neoliberalism is dead. Again. Yet the philosophy of the free market and the strong state has an uncanny capacity to survive, and even thrive, in times of crisis. Understanding neoliberalism’s longevity and its latest permutation requires a more detailed understanding of its origins and development. This volume breaks with the caricature of neoliberalism as a simple, unvariegated belief in market fundamentalism and homo economicus. It shows how neoliberal thinkers perceived institutions from the family to the university, disagreed over issues from intellectual property rights and human behavior to social complexity and monetary order, and sought to win consent for their project through the creation of new honors, disciples, and networks. Far from a monolith, neoliberal thought is fractured and, occasionally, even at war with itself. We can begin to make sense of neoliberalism’s nine lives only by understanding its own tangled and complex history.
The importance of collective behavior in early medieval Europe By the fifth and sixth centuries, the bread and circuses and triumphal processions of the Roman Empire had given way to a quieter world. And yet, as Shane Bobrycki argues, the influence and importance of the crowd did not disappear in early medieval Europe. In The Crowd in the Early Middle Ages, Bobrycki shows that although demographic change may have dispersed the urban multitudes of Greco-Roman civilization, collective behavior retained its social importance even when crowds were scarce. Most historians have seen early medieval Europe as a world without crowds. In fact, Bobrycki argues, early medieval European sources are full ...
Hindu nationalism is transforming India, as an increasingly dominant ideology and political force. But it is also a global phenomenon, with sections of India's vast diaspora drawn to, or actively supporting, right-wing Hindu nationalism. Indians overseas can be seen as an important, even inextricable, aspect of the movement. This is not a new dynamic--diasporic Hindutva ('Hindu-ness') has grown over many decades. This book explores how and why the movement became popular among India's diaspora from the second half of the twentieth century. It shows that Hindutva ideology, and its plethora of organisations, have a distinctive resonance and way of operating overseas; the movement and its ideas...
Yoga has offered the Indian state unprecedented opportunities for global, media-savvy political performance. Under Modi, it has promoted yoga tourism and staged mass yoga sessions, and Indian officials have proposed yoga as a national solution to a range of social problems, from reducing rape to curing cancer. But as yoga has gone global, its cultural meanings have spiraled far and wide. In Flexible India, Shameem Black travels into unexpected realms of popular culture in English from India, its diaspora, and the West to explore and critique yoga as an exercise in cultural power. Drawing on her own experience and her readings of political spectacles, yoga murder mysteries, court cases, art i...
No Birds of Passage explores the remarkable business success of three Gujarati Muslim commercial castes: the Bohras, Khojas, and Memons. Often stereotyped as “Westernized” and as Hindus in all but name, these groups are better seen as having developed a distinctive Muslim capitalism, in which religious and commercial prerogatives are inseparable.
An innovative history exploring independent India's experiment fusing Soviet-inspired economic management with Western-style liberal democracy.