By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen
This quantity seems to be at how accumulation in postcolonial capitalism blurs the bounds of house, associations, types, monetary regimes, labour methods, and financial segments on one hand, and creates zones and corridors at the different. It attracts our awareness to the strange yet structurally important 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 speak about the construction of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor varieties, institution of latest kinds of labour, formation of and alterations in caste and racial identities and networks, and securitization―and thereby determine that no learn of latest capitalism is whole with out completely addressing the postcolonial situation.
by means of demanding 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 cloth tactics of accumulation opposed to the culturalism of postcolonial reports, this quantity redefines postcolonial experiences in South Asia and past. it really is beneficial examining for college students and students of South Asian stories, sociology, cultural and important anthropology, serious and praxis stories, and political science.
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Additional info for Accumulation in Post-Colonial Capitalism
The liberal era which is supposedly characterized by rigid labour laws with an interventionist state in the Keynesian sense is marked with growing strength of trade unions and labour organizations in the West and in a post-colonial emerging economy like India. The neoliberal age is marked with a diametrically opposite tendency, viz. the weakening of these organizations by the neoliberal states all over the world, North and South alike. This too has some significant implications for both voice representations of labour as well as capital accumulation in Marxian sense of the latter term.
Why the very process of capital accumulation at certain juncture of post-colonial history warrants neoliberalism? This is so because any exploration into presentday flexible labour regime cannot be complete without an understanding of neoliberal logic, which, on the one hand, is needed to recharge the capital accumulation process and, on the other hand, is needed to resolve the typical capitalist problem of accumulation. This is followed by an understanding of what we mean by labour market flexibility linking it with circuits of global capital.
Workers or working class as a whole do not have the freedom of making any choice. This holds good for neoliberal age as well as the pre-neoliberal age. Then, what distinguishes the neoliberal space and time from the pre-neoliberal space and time is the fact that job status of a worker is getting continuously weakened and technology-induced increase in labour productivity has increased the risk and uncertainty in a worker’s life which was to some extent guaranteed in the pre-neoliberal post-colonial time at least in some developing economies like India.