By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen
This quantity seems at how accumulation in postcolonial capitalism blurs the bounds of house, associations, varieties, monetary regimes, labour techniques, and fiscal segments on one hand, and creates zones and corridors at the different. It attracts our realization to the bizarre yet structurally beneficial coexistence of either primitive and digital modes of accumulation within the postcolony. From those significant inquiries it develops a brand new figuring out of postcolonial capitalism. The case experiences during this quantity talk about the creation of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor types, institution of recent kinds of labour, formation of and adjustments in caste and racial identities and networks, and securitization—and thereby make sure that no examine of latest capitalism is whole with out completely addressing the postcolonial .
by means of tough the tested dualities among citizenship-based civil society and welfare-based political society, exploring severely the query of colonial and postcolonial distinction, and foregrounding the fabric techniques of accumulation opposed to the culturalism of postcolonial reviews, this quantity redefines postcolonial reviews in South Asia and past. it really is worthwhile examining for college students and students of South Asian experiences, sociology, cultural and demanding anthropology, severe and praxis reports, and political technological know-how.
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Additional info for Accumulation in Post-Colonial Capitalism
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.
7) raises a crucial question by describing an important event in the history of post-colonial India—the nationalization of Indian banks in the late 1960s. Sen’s chapter is instrumental in underscoring the contours of accumulation in India, as it links the questions of social policy, financialization of the economy, internal politics of the Indian National Congress, and augmentation of private capital through misuse of credit during one of the most interesting times in the first 30 years after Independence in 1947.
And hence, they belong to the fundamental class process consisting of performance and appropriation of surplus labour (value).