ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Deepankar BasuSubscribe to Deepankar Basu

Relations of Production and Modes of Surplus Extraction in India: Part I - Agriculture

This paper uses aggregate-level data, as well as casestudies, to trace out the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant relations of production under which the vast majority of the Indian working people labour, and (b) the predominant ways in which the surplus labour of the direct producers is appropriated by the dominant classes. This summary account is meant to inform and link up with ongoing attempts at radically restructuring Indian society. Part I, published this week, covers agriculture, while Part II, to be published next week, inquires into the "informal" industrial sector.

Political Economy of Contemporary India: Some Comments

Two of the most important characteristics of contemporary Indian reality are primary accumulation of capital and the continued existence of a huge pool of surplus labour. Partha Chatterjee's attempt (EPW, 19 April) at explaining these important features, though insightful, is fraught with numerous theoretical and empirical problems.

The Left and the 15th Lok Sabha Elections

The electoral debacle faced by the left parties in the 15th Lok Sabha elections is due to the fact that the state governments led by the left followed the very same neoliberal policies that the parties opposed and were able to halt at the central level.


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