Capitalism

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By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen

This quantity seems to be at how accumulation in postcolonial capitalism blurs the limits of area, associations, types, monetary regimes, labour methods, and monetary segments on one hand, and creates zones and corridors at the different. It attracts our recognition to the bizarre yet structurally valuable 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 reports during this quantity speak about the creation of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor kinds, institution of recent types of labour, formation of and adjustments in caste and racial identities and networks, and securitization—and thereby make sure that no learn of up to date capitalism is whole with out completely addressing the postcolonial situation.

through demanding the demonstrated dualities among citizenship-based civil society and welfare-based political society, exploring significantly the query of colonial and postcolonial distinction, and foregrounding the cloth tactics of accumulation opposed to the culturalism of postcolonial reviews, this quantity redefines postcolonial experiences in South Asia and past. it truly is priceless analyzing for college students and students of South Asian reports, sociology, cultural and demanding anthropology, serious and praxis stories, and political technological know-how.

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Additional resources for Accumulation in Post-Colonial Capitalism

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It is marked with cultural, political and economic understanding of an independent country in the context of global capitalism. In this work, we will not disembark upon these cultural conceptualizations of a postcolonial time and space. Rather, our main focus will be upon economic and the political as far as labour and capital accumulation is concerned. The chapter begins with an understanding of neoliberal logic of economy as the present post-colonial time and space is mostly shaped in terms of neoliberalism.

Mitra et al. Chibber, V. (2013). Postcolonial theory and the spectre of capital. London: Verso. , & Neal, A. (2008). Foucault on politics, security and war. London: Palgrave Macmillan. Gaddis, J. L. (1989). The long peace: Inquiries into the history of the cold war. New York: Oxford University Press. Glenn, E. N. (1992). From servitude to service work: Historical continuities in the racial division of paid reproductive labor. Signs 18, no. 1 (Autumn), 1–43. , & Negri, A. (2000). Empire. Cambridge, MA, and London: Harvard University Press.

With improvement in technology less labour is needed to produce the same output in less time. So, in this sense it signifies increase in relative surplus value. But lengthening of working hours may also happen if the capitalist class remains successful—as they are generally under a neoliberal regime—to create a socio-political climate conducive to such changes. This then signifies increase in absolute surplus value. Commodity production in the new economy under neoliberalism, like IT sector, is good example of this case.

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