SOAS University of London

Department of Development Studies

The Low Road of Capitalism. The case of India’s Provincial Economy

Prof. Elisabetta Basile (University of Rome La Sapienza)

Date: 13 March 2014Time: 5:00 PM

Finishes: 13 March 2014Time: 7:00 PM

Venue: 21/22 Russell Square Room: T102 (21/22 Russell Square)

Type of Event: Seminar

The seminar will explore the ‘quality’ of capitalist development in provincial India in the post-Green Revolution period. Focusing on the processes of growth induced by the introduction of the high-yield varieties in agriculture, it shows that a low-road pattern of capitalist development has been emerging in provincial India. The analysis of the socio-economic organisation is carried out by means of conceptual categories which reject the hypothesis of rational and optimising behaviour, while explicitly taking into account the impact of institutions and ideologies on human agency and acknowledging the role of conflicting interests in capitalist change. Building on the concept of ‘variety’ of capitalism, the lecture will focuses on the soft belly of India’s capitalism, i.e. on the part of India’s non-farm economy made of villages and small towns which has received only marginal attention by scholars.

Organiser: Dr Alessandra Mezzadri; Dr Tim Pringle

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