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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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    Citations

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    Cited by:

    1. Joao Paulo A. de Souza & Leopoldo Gómez‐Ramírez, 2021. "Industrialization and skill acquisition in an evolutionary model of coordination failures," Metroeconomica, Wiley Blackwell, vol. 72(4), pages 849-867, November.
    2. 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.
    3. Sirisha C. Naidu & Lyn Ossome, 2016. "Social Reproduction and the Agrarian Question of Women’s Labour in India," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 5(1), pages 50-76, April.
    4. Kasturi Sadhu & Saumya Chakrabarti, 2021. "Neo-Dualism: Accumulation, Distress, and Proliferation of a Fissured Informality," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(4), pages 694-724, December.
    5. 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.
    6. Anindya Bhattacharya & Anirban Kar & Sunil Kumar & Alita Nandi, 2018. "Patronage and power in rural India: a study based on interaction networks," Discussion Papers 18/19, Department of Economics, University of York.
    7. Kartik Misra, 2019. "Is India’s Employment Guarantee Program Successfully Challenging Her Historical Inequalities?," UMASS Amherst Economics Working Papers 2019-09, University of Massachusetts Amherst, Department of Economics.
    8. Kartik Misra, 2019. "Accumulation by Dispossession and Electoral Democracies : An Analysis of Land Acquisition for Special Economic Zones in India," UMASS Amherst Economics Working Papers 2019-16, University of Massachusetts Amherst, Department of Economics.
    9. Deepankar Basu, 2019. "Capital, Non-Capital and Transformative Politics in Contemporary India," UMASS Amherst Economics Working Papers 2019-01, University of Massachusetts Amherst, Department of Economics.
    10. Shreya Sinha, 2020. "Betting on Potatoes: Accumulation in Times of Agrarian Crisis in Punjab, India," Development and Change, International Institute of Social Studies, vol. 51(6), pages 1533-1554, November.
    11. Ramya Ranjan Patel & Deepak K. Mishra, 2019. "Agrarian Transformation and Changing Labour Relations in Kalahandi, Odisha," Journal of South Asian Development, , vol. 14(3), pages 314-337, December.
    12. 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.
    13. Mizinksa Daimari & Rajshree Bedamatta, 2021. "The State of Bodo Peasantry in Modern-Day Assam: Evidence from Majrabari Village in the Bodoland Territorial Area Districts," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 64(3), pages 705-730, September.
    14. Snehashish Bhattacharya & Surbhi Kesar, 2020. "Precarity and Development: Production and Labor Processes in the Informal Economy in India," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(3), pages 387-408, September.

    More about this item

    Keywords

    relations of production; forms of surplus extraction; mode of production; India;
    All these keywords.

    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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