The retarded economies : foreign domination and class relations in India and other emerging nations
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Bibliographic Information
The retarded economies : foreign domination and class relations in India and other emerging nations
Published for Sameeksha Trust, Oxford University Press, 1988
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Articles, most previously published in Economics and political weekly
Includes bibliographies and index
Description and Table of Contents
Description
This book examines why, although the former colonies and semi-colonies have emerged as a major force in world politics over the last four decades, their economies have in most cases remained retarded. The first part of the volume focuses on exchanges between poor and rich nations, and asks who gained most from them. The second part is concerned with the domestic scenario in India, and tries to relate the overall stagnation in material production per capita to the balance of class forces that emerged after Independence as a result of industrialization strategies. In this context it examines long-term output trends, trade terms, real wages and unemployment rates, savings and investment, and private monopoly capital. It also examines the existing laws and regulations on private sector monopolies. The final essay is a critique of the recent shift towards liberalism in India's economic policies.
Table of Contents
- PART I: FOREIGN DOMINATION
- Western Imperialism and India today
- Food imports: Why and for whom?
- USSR and Third World: Unequal distribution of gains
- Theories of unequal exchange: A critique of Emmanuel and Amin
- PART II: CLASS RELATIONS: ECONOMIC TRENDS AND STATE POLICIES
- Long-term stagnation in the Indian economy, 1900-1975
- Monopoly capital, private corporate sector and the Indian economy, 1931-76
- Monopoly legislation and policy in India
- Modernization for export-orientated growth: A critique of recent Indian policy.
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