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The Political Economy of Underdevelopment
An overview of third-world problems, making use of Marxist and neo-Kiynesian methods of analysis.
Private Investment in India, 1900-1939
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
Colonialism and Indian Economy
This volume examines the economic and social consequences of colonial rule in India covering areas like agriculture, industry, demography, land rights, finance, standard of living, and gross domestic product.
Perilous Passage
In this innovative and ambitious global history, distinguished economic historian Amiya Kumar Bagchi traces the global history of human change and survival under the sway of capitalism since the voyages of Columbus. Writing with extraordinary range and depth, he offers a critical analysis of the history and human costs and consequences of development in Europe and North America, and in major regions such as India, China, Japan, and Africa. Bagchi critically characterizes the emergence and operation of capitalism as a system driven by wars over resources and markets rather than one that genuinely operates on the principle of free markets. His unflinching examination of the human toll—in the periphery as well in the core nations—includes not only economic processes and issues of inequality within and among nations, but also the intertwining of economics and war-making on a world scale. Bagchi's compelling vision will change the ways in which we think about many of the largest issues in the world history and development over the past 500 years.
Capital and Labour Redefined
This book provides a historical background to the formation of the Indian capitalist class from before British colonial rule in India. It analyses the nature of that class, the ways in which it changed under colonial rule, and the state of independent India; it also sets some of the peculiarities of capitalist organization in India and the ideology of big capital in their historical context. The evolution of the working class in India is analysed in its dialectical interaction with global capital and Indian capitalism. The author challenges the view that the tensions within working class movements caused by caste, communal divisions or gender discrimination are to be attributed to primordial loyalties, emphasizing instead the influence of the deliberate strategies adopted by capitalists and of changes in the structure of global and Indian capitalism. Finally, the book investigates the impact of capital-friendly liberalization on the fortunes of the working class in the Third World.
Capitalism, Development and Democracy
Democracy and development are the ideological leitmotif's of the age, used so widely that their real meaning is often lost. In Capitalism, Development and Democracy Amiya Kumar Bagchi gives a historical and material grounding to these ideas, showing their intimate but troubled relationship with capitalism.Bagchi shows that the idea of development - of all human beings enjoying better standards of living - spread following the rise of capitalism, first in the Italian city-states and then in the nation states of Europe. He documents how capitalism systematically denied the very aspirations it raised, both widening and restricting human freedom in a contradictory process.A stimulating and innovative contribution to the fields of development studies, political economy and political theory, Capitalism, Development and Democracy reconnects development and democracy with the critique of capitalism.
Transformation and Development
In twelve incisive essays covering a wide range of issues, this volume undertakes an interdisciplinary and multi-level analysis and provides comprehensive and critical insights into the dynamics of the development process in these two countries.
A Revolution in Economic Theory
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Multiculturalism, Liberalism and Democracy
Papers originally presented at a seminar organized by the Centre for Studies in Social Sciences, Calcutta.
Money and Credit in Indian History
Papers presented at the 61st Session of the Indian History Congress held at Kolkata during 2-4 January 2001.
