Capital and Labour Redefined - India and the Third World

Author: Amiya Kumar BagchiPublisher: TulikaYear: 2002Language: EnglishPages: 336ISBN/UPC (if available): 8185229546 DescriptionThis volume of essays gives the historical background of the formation of the Indian capitalist class from before the time of British colonial rule in India, and investigates the impact of capital-friendly liberalization on the fortunes of the working class in the third world.Capital and Labor Redefined is a volume of essays that gives the historical background of the formation of the Indian capitalist class from before the time of British colonial rule in India. It also analyses the nature of that class and the changes in it under colonialism and the state of independent India. It situates some of the peculiarities of capitalist organization in India and the ideology of capital in their historical context. The evolution of the conditions of the working class in India is analyzed in its dialectical interaction with global capital as well as Indian capitalism.