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Relations of Production and Modes of Surplus Extraction in India

Author

Listed:
  • Amit Basole

    () (University of Massachusetts Amherst)

  • Deepankar Basu

    () (University of Massachusetts Amherst)

Abstract

This paper uses aggregate-level data, as well as case-studies, to trace out the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant relations of production under which the vast majority of the Indian working people labour, and (b) the predominant ways in which the surplus labour of the direct producers is appropriated by the dominant classes. This summary account is meant to inform and link up with on-going attempts at radically restructuring Indian society. JEL Categories: B24, B51

Suggested Citation

  • Amit Basole & Deepankar Basu, 2010. "Relations of Production and Modes of Surplus Extraction in India," UMASS Amherst Economics Working Papers 2011-01, University of Massachusetts Amherst, Department of Economics.
  • Handle: RePEc:ums:papers:2011-01
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    File URL: http://www.umass.edu/economics/publications/2011-01.pdf
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    Cited by:

    1. Amit Basole, 2014. "Informality and Flexible Specialization: Labour Supply, Wages, and Knowledge Flows in an Indian Artisanal Cluster," Working Papers 2014_07, University of Massachusetts Boston, Economics Department.
    2. Amit Basole, 2014. "Authenticity, Innovation and the Geographical Indication in an Artisanal Industry: The Case of the Banarasi Sari," Working Papers 2014_09, University of Massachusetts Boston, Economics Department.
    3. Naidu, Sirisha C., 2013. "Legal exclusions, private wealth and livelihoods: An analysis of work time allocation in protected areas," Ecological Economics, Elsevier, vol. 89(C), pages 82-91.
    4. Naidu, Sirisha C., 2011. "Rural Livelihoods, Forest Access and Time Use: A Study of Forest Communities in Northwest India," MPRA Paper 31060, University Library of Munich, Germany.

    More about this item

    Keywords

    relations of production; forms of surplus extraction; mode of production; India;

    JEL classification:

    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

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