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Finance and Health

In: Indian Economy: Reforms and Development

Author

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  • Parthasarathi Banerjee

    (International Management Institute)

Abstract

The business of health care is currently undergoing a profound transformation. Global finance is forcing transformation of the public policies as well as of the private business of health care. Key to this strategic leverage is financialisation of the personal body. As it is evident from the early modern state in Europe under the received practices of health sciences, it would take hold of personal body for disciplining, regimenting and shaping the unseemly mass through public provisioning of health services. Public hygiene, public health provisioning with minimum health care attempted capture of massed bodies in order that the mass bodies could obey rules and codes of mass body politics. Personal health is reconstructed as emergent envelopes of information getting generated ever continuously with ever-increasing risks and uncertainty. Palliative goals are now replaced with elusive envelopes of probable health status. These bodily states of affairs being inherently risky are profoundly financialisable. Postmodern state, postmodern business and the postmodern person are no longer incorporated. They have translated into flux of finance. Inter-bodily relations are passe.

Suggested Citation

  • Parthasarathi Banerjee, 2019. "Finance and Health," India Studies in Business and Economics, in: Pradip Kumar Biswas & Panchanan Das (ed.), Indian Economy: Reforms and Development, chapter 0, pages 315-332, Springer.
    • Handle: RePEc:spr:isbchp:978-981-13-8269-7_14
    DOI: 10.1007/978-981-13-8269-7_14
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