The book unravels the dynamics of capitalist development, critically assesses the socialist experiment in charting out a course of development different from capitalism, explains the contradictions in the post-Independence development process in India, evaluates other efforts outside the state towards ushering in 'development', and then proposes an alternative path to progress - an employment based ecologically sustainable model of decentralized development based on local resource endowment and heightened mass consciousness which will take the country out of the dependency paradigm. This book is co-published with Aakar Books, New Delhi. Taylor & Francis does not sell or distribute the print versions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.