Download Accumulation in Post-Colonial Capitalism by Iman Kumar Mitra, Ranabir Samaddar, Samita Sen PDF

By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen

This quantity appears at how accumulation in postcolonial capitalism blurs the limits of house, associations, kinds, monetary regimes, labour approaches, and monetary segments on one hand, and creates zones and corridors at the different. It attracts our awareness to the atypical yet structurally worthy coexistence of either primitive and digital modes of accumulation within the postcolony. From those significant inquiries it develops a brand new knowing of postcolonial capitalism. The case reviews during this quantity speak about the creation of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor kinds, institution of latest types of labour, formation of and alterations in caste and racial identities and networks, and securitization—and thereby determine that no examine of up to date capitalism is whole with out completely addressing the postcolonial .

by way of demanding the tested dualities among citizenship-based civil society and welfare-based political society, exploring significantly the query of colonial and postcolonial distinction, and foregrounding the cloth techniques of accumulation opposed to the culturalism of postcolonial experiences, this quantity redefines postcolonial stories in South Asia and past. it truly is priceless interpreting for college kids and students of South Asian stories, sociology, cultural and significant anthropology, severe and praxis reports, and political technological know-how.

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Extra info for Accumulation in Post-Colonial Capitalism

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Rather, our main focus will be upon economic and the political as far as labour and capital accumulation is concerned. The chapter begins with an understanding of neoliberal logic of economy as the present post-colonial time and space is mostly shaped in terms of neoliberalism. We need to understand why the neoliberal turn was necessary for global capitalism and what is the connectivity of neoliberal state power, market and supra-state international institutions with the process of accumulation of capital à la Marx.

Any state-intervention in the market for commodities including market for labour would make the functioning of the market inefficient and, hence, is unwarranted. Given the above four basic postulates of neoliberal economic order, the ideal economy is one which is characterized by perfect competition and consumers’ freedom in making choices. A perfectly competitive market presumes that all the agents in the market have perfect information regarding the products and also, about the economy and society in general.

In fact, Hayek too echoed the same viewpoint. Hayek, author of key texts such as The Constitution of Liberty, presciently argued that the battle for ideas was key, and that it would probably take at least a generation for the battle to be won, not only against Marxism but against socialism, state planning, and Keynesian interventionism (Harvey 2007, p. 21). One point merits attention at this juncture. Although neoliberalism as the basic and fundamental idea behind economic policy and of state has engulfed the entire world today its journey as well as its beginning is different and uneven in different geographical space in the post-colonial time.

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