This book critically discusses the changing relationship between the Indian state and capital by examining the mediating role of society in influencing developmental outcomes. It theorizes the state's changing context allowing the discussion of its pursuit of contradictory economic and social welfare goals simultaneously. Both structural and ideological factors are argued to contribute to a shifting context, but the centrality of re-distributive politics and the contradictions therein explain a lot of what the state does and cannot do. The book also examines what the state aspires to do but structurally cannot accomplish either because of the scale of the problem or the dysfunctionality that sets in with continuous reforms. The collection provides rich evidence on the contested forms of governance arising from changing contexts and shifting roles of the state. Readers will benefit from this recasting of the Indian state in terms of the actual forms of intervention today. Changing Contexts and Shifting Roles of the Indian State is a timely book. At a time when the question of the role of the state in promoting more inclusive forms of development has never been more urgent, this book provides a range of powerful and insightful case studies of how a changing Indian capitalism is impacting and in turn being impacted by the multi-stranded role of the Indian state. Patrick Heller, Professor of Sociology and International Affairs, Brown University, Providence. Since the early 1990s, the Indian economy has moved away from a statist model of development to a more market-oriented one. However, very little scholarship exists that attempts to analyse India's recent development experience from a political economy lens. This book, which is edited by two of India's reputed scholars in the political economy of development, addresses this important gap in the literature. It provides an insightful account of the role of the state and the market in India's economic resurgence in the last three decades. The book also contributes to a fresh understanding of what is meant by a twenty-first century developmental state in a globalised world. The book will be valuable reading for all scholars of India, as well as to researchers in the political economy of development. Kunal Sen, Director, United Nations University - World Institute for Development Economics Research (UNU-WIDER), Helsinki. This collection gives us a richer and more layered understanding of the Indian contemporary State. Rather than see the State as an unchanging entity with unchanging interests, the book argues that the role of the State changes with the context and with the change in political regime. Thus, taking contradictory decisions such as greater dispossession of land from the peasantry and expansion of the universe of economic rights is explainable. The argument is that we can have a better understanding when we see the Indian State as dealing with the ebb and flow of a democracy. C. Rammanohar Reddy, Former Editor, Economic and Political Weekly, Mumbai.

This book pursues a Marxist approach with an emphasis on class to reflect on Marx's Capital in the context of the East. It critically reassesses some of the familiar concepts in Capital and teases out issues that are at its periphery. In various essays, it explores this borderland to promote new concepts and modes of analysing Marx's treatise in the twenty-first century. Accordingly, it represents an advance in Marxian theory and politics. Examining Marx's Capital from the perspective and location of the East, the book focuses on many issues that are at the 'borders' of Capital, which is concerned principally on unpacking developed capitalism. New concepts are introduced and set in relation to those championed by Marx in order to advance our understanding of economy, capitalism, development and politics. In this regard, the book offers a reading of Capital that is distinct from conventional reflections on it in the Western world. The scope is vast, covering much of the territory in Marx's Capital, as well as addressing a few new issues connected to Capital. The content is divided into the following sections: Reception of Capital in the East; Value, Commodity, Surplus Value and Capitalism; Population and Rent in Capital; and Issues Beyond Capital.

Dieses Buch verfolgt einen marxistischen Ansatz mit dem Schwerpunkt auf der Klasse, um über Marx' Kapital im Kontext des Ostens nachzudenken. Es nimmt eine kritische Neubewertung einiger vertrauter Konzepte im Kapital vor und arbeitet Themen heraus, die an dessen Rand liegen. In verschiedenen Aufsätzen wird dieses Grenzgebiet erkundet, um neue Konzepte und Analysemethoden für Marx' Abhandlung im 21. Jahrhundert zu fördern. Jahrhundert voranzutreiben. Damit stellt es einen Fortschritt in der Marxschen Theorie und Politik dar. Das Buch untersucht das Kapital von Marx aus der Perspektive und dem Blickwinkel des Ostens und konzentriert sich auf viele Themen, die an den "Grenzen" des Kapitals liegen, das sich hauptsächlich mit der Entschlüsselung des entwickelten Kapitalismus befasst. Es werden neue Konzepte eingeführt und in Beziehung zu den von Marx vertretenen gesetzt, um unser Verständnis von Wirtschaft, Kapitalismus, Entwicklung und Politik zu verbessern. In dieser Hinsicht bietet das Buch eine Lesart des Kapitals, die sich von den herkömmlichen Überlegungen in der westlichen Welt unterscheidet. Der Umfang ist groß und deckt einen großen Teil des Gebiets von Marx' Kapital ab, wobei auch einige neue Themen im Zusammenhang mit dem Kapital behandelt werden. Der Inhalt gliedert sich in die folgenden Abschnitte: Rezeption des Kapitals im Osten; Wert, Ware, Mehrwert und Kapitalismus; Bevölkerung und Rente im Kapital; und Fragen jenseits des Kapitals.

Limits of Bargaining is an original addition to the political economy analysis of capital-labour relations in the organised industrial sector in the context of economic liberalisation in India. It analyses the dynamics of the capital-labour bargaining process in the context of the changing nature of the state and market as a result of adoption of policies of liberalisation and globalisation for the last two and half decades. It examines the nature of collective bargaining and analyses the underlying structural-political conditions that shape the capital-labour relations. Based on original empirical material from West Bengal, a state long considered pro-labour, the book presents bargaining between capital and labour as endogenous to the interplay of the triad of the market, technology and the institutions of the state. It illustrates everyday interactions between labour and management, different unions and outside actors that shape collective bargaining, and highlights the negotiation, appropriations and compromises that shape bargaining at the operational level.