IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/93182.html

Neo-Liberalism and the Rise of Right-Wing Conservatism in India

Author

Listed:
  • Mazumdar, Surajit

Abstract

This paper assesses the origins and the consequences of the decisive right wing shift in Indian politics ushered in by the 2014 elections. Tracing this to long-term but not linearly developing tendencies in Indian politics, the paper relates these with the distinctive nature and history of capitalist development in India, particularly the sharply polarizing growth and accumulation regime of the neo-liberal era and the crisis it now confronts. Asserting that the electoral success of the Narendra Modi-led BJP was based on it being the political agent of not change but of a reassertion by India’s economic elite, the paper explains the challenge of managing sharply contradictory interests that this places in the path of the consolidation of the new regime.

Suggested Citation

  • Mazumdar, Surajit, 2017. "Neo-Liberalism and the Rise of Right-Wing Conservatism in India," MPRA Paper 93182, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:93182
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/93182/1/MPRA_paper_93182.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mazumdar, Surajit, 2010. "Big Business and Economic Nationalism in India," MPRA Paper 28160, University Library of Munich, Germany.
    2. Das Gupta,Chirashree, 2016. "State and Capital in Independent India," Cambridge Books, Cambridge University Press, number 9781107102248, January.
    3. Mazumdar, Surajit, 2011. "The State, Industrialization and Competition: A reassessment of India's Leading Business Enterprises under Dirigisme," MPRA Paper 47810, University Library of Munich, Germany.
    4. Arvind Virmani, 2004. "India's economic growth: From socialist rate of growth to Bharatiya rate of growth," Indian Council for Research on International Economic Relations, New Delhi Working Papers 122, Indian Council for Research on International Economic Relations, New Delhi, India.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mazumdar, Surajit, 2012. "The State, Capital and Development in ‘Emerging’ India," MPRA Paper 36413, University Library of Munich, Germany.
    2. Mazumdar, Surajit, 2012. "Industrialization, Dirigisme and Capitalists: Indian Big Business from Independence to Liberalization," MPRA Paper 93158, University Library of Munich, Germany.
    3. Arvind Virmani, 2009. "China’s Socialist Market Economy: Lessons for Democratic Developing Countries," Working Papers id:1899, eSocialSciences.
    4. repec:kqi:journl:2018-2-1-2 is not listed on IDEAS
    5. Siddiqur Osmani, 2009. "Explaining Growth in South Asia," Chapters, in: Gary McMahon & Hadi Salehi Esfahani & Lyn Squire (ed.), Diversity in Economic Growth, chapter 3, Edward Elgar Publishing.
    6. Surajit Mazumdar, 2010. "Industry and Services in Growth and Structural Change in India: Some Unexplored Features," Working Papers 127, Institute for Studies in Industrial Development (ISID).
    7. Mazumdar, Surajit, 2017. "The Indian Economy in the Second Decade of the 21st Century: Signs of a Crisis?," MPRA Paper 93164, University Library of Munich, Germany.
    8. Mazumdar, Surajit, 2011. "The State, Industrialization and Competition: A reassessment of India's Leading Business Enterprises under Dirigisme," MPRA Paper 47810, University Library of Munich, Germany.
    9. Surajit Mazumdar, 2023. "The Multi-entity Structure and Control in Business Groups," India Studies in Business and Economics, in: Achin Chakraborty & Indrani Chakraborty (ed.), Indian Business Groups and Other Corporations, chapter 0, pages 111-128, Springer.
    10. Alfano, Marco, 2017. "Daughters, dowries, deliveries: The effect of marital payments on fertility choices in India," Journal of Development Economics, Elsevier, vol. 125(C), pages 89-104.
    11. Arvind Virmani, 2005. "China's Socialist Market Economy: Lessons of Success," Indian Council for Research on International Economic Relations, New Delhi Working Papers 178, Indian Council for Research on International Economic Relations, New Delhi, India.
    12. Sudawan Somjai & Thitinan Chankoson & Kittisak Jermsittiparsert, 2020. "An economic analysis of agricultural production function on the paddy fields of Thailand," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2012-2025, March.
    13. Nitika Dhingra, 2022. "Political economy of law, efficiency and adverse ‘inclusion’: rethinking land acquisition in India," Review of Evolutionary Political Economy, Springer, vol. 3(2), pages 379-403, July.
    14. Jha, Sanjeev Kumar, 2025. "From state to market: Shifts in access and quality in Indian higher education," International Journal of Educational Development, Elsevier, vol. 114(C).
    15. Arvind Virmani, 2004. "Sources of India's economic growth: trends in total factor productivity," Indian Council for Research on International Economic Relations, New Delhi Working Papers 131, Indian Council for Research on International Economic Relations, New Delhi, India.
    16. Mazumdar, Surajit, 2008. "Crony Capitalism and India: Before and After Liberalization," MPRA Paper 19627, University Library of Munich, Germany.
    17. Richard Ackermann, 2012. "New Directions for Water Management in Indian Agriculture," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 4(2), pages 227-288, May.
    18. Banerjee, Rajabrata & Roy, Saikat Sinha, 2014. "Human capital, technological progress and trade: What explains India's long run growth?," Journal of Asian Economics, Elsevier, vol. 30(C), pages 15-31.
    19. Mazumdar, Surajit, 2008. "Investment and growth in India under liberalization: Asymmetries and Instabilities," MPRA Paper 19629, University Library of Munich, Germany.
    20. Saswata Guha Thakurata, 2024. "India’s Economic Growth since the 1980s and the Role of the State: An Alternative Perspective," Review of Radical Political Economics, Union for Radical Political Economics, vol. 56(3), pages 380-404, September.
    21. Arvind Virmani, 2006. "China’s Socialist Market Economy - Lessons Of Success," Macroeconomics Working Papers 22274, East Asian Bureau of Economic Research.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • H00 - Public Economics - - General - - - General
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:93182. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.