India and the politics of ‘corruption’

by Anjan Chakrabarti & Anup Dhar Politics begins where the masses are, not where there are thousands, but where there are millions, that is where serious politics begins. — Lenin Think of all the people in Tagore’s Red Oleander, residing perhaps in post-independent India –– who did not have names and were identified as mere numbers, 21F, 79D, 84M, etc. — forming their own party with the assistance of Nandini, the female rebel protagonist (Ranjan — the other rebel protagonist had already been killed by the King) and challenging the King, the Gosain (clergy), the Adhyapak (professor) and a host … Continue reading India and the politics of ‘corruption’

Class and need: Social surplus and Marxian theorization of development

by Anjan Chakrabarti We know that there have been two paths of development, paths that are not always considered complementary to one another. The first and still the dominant path would contemplate economic growth as the basic indicator of capturing the increase in standard of living (either measured as GDP per capita or GDP per worker) which represents development of a nation or region; thus poor and rich countries are differentiated in terms of, say, the level of GDP per capita and resultantly, the path to development of poor countries lie in expanding the latter as fast as possible. High … Continue reading Class and need: Social surplus and Marxian theorization of development

The faltering miracle story of India and neoliberalism

by Anjan Chakrabarti Last time the Indian economy ran into a major systemic crisis was in the late 1980s. It was a result of and also the final nail in the coffin of state sponsored planned economy. Along with the collapse of Soviet style command economies, it signalled the unsustainability of an economic system built on absolute or near total control of the state over the economy. That crisis helped spread the philosophy of neoliberalism in India which led to this lesson from the experience of centralized planning: for the goals of rapid economic growth and poverty reduction, state control … Continue reading The faltering miracle story of India and neoliberalism