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Dhangser Bhorbelay - ধ্বংসের ভোরবেলায়
- Ambikesh Mahapatra

Capital & Imperialism : Theory, History & the Present

ক্যাপিটাল অ্যান্ড ইম্পেরিয়ালিজম থিয়োরি, হিস্ট্রি অ্যান্ড দ্য প্রেজেন্ট

Author/লেখক
Prabhat Pattanayak • প্রভাত পট্টনায়েক
Utsa Patnaik • উৎসা পট্টনায়েক
Category/বিভাগ
Essays
প্রবন্ধ
Publisher/প্রকাশক
Tulika Books
তুলিকা বই
Language/ভাষা
English - ইংরেজি
First Publication Year/প্রথম প্রকাশ
2021 • ২০২১
Publication Year/প্রকাশ
2022
Edition/সংস্করণ
2
Binding/বাঁধাই
Paperback • পেপারব্যাক
24.1x15.8x2.3 cms
637 gms
Number of Pages/পাতা
381
ISBN
978-81-95639-21-2
Price/মূল্য
₹ 900
Discounted Price/বর্তমান মূল্য
₹ 810

Few words on Capital & Imperialism : Theory, History & the Present | ক্যাপিটাল অ্যান্ড ইম্পেরিয়ালিজম থিয়োরি, হিস্ট্রি অ্যান্ড দ্য প্রেজেন্ট


Mainstream economics invariably sees capitalism as an isolated and closed system. In this path-breaking book, authors Utsa Patnaik and Prabhat Patnaik argue that this is both historically false and logically untenable. An essentially money using economy like capitalism is inconceivable unless placed within a pre-capitalist setting which it dominates and modifies for its own purposes. Colonialism created such a setting. Metropolitan capitalism transferred massive resources from colonies gratis fueling industrial revolution, and later found external markets, thus avoiding domestic stagnation, by displacing craft producers in tropical colonies. The exhaustion of colonial markets was an important factor behind the Great Depression of the 1930s. The authors argue that post-war state intervention to boost demand now played the role of colonial markets, but metropolitan inability to extract resources from newly decolonized tropical colonies precipitated the inflationary crisis bringing the post-war boom to an end. Neoliberalism, replacing post-war dirigisme, keeps inflation in check by imposing income compression on third world populations; but it also prevents state intervention for expanding demand, thus engulfing world capitalism in a protracted crisis. Overcoming this crisis requires transcending the hegemony of globalized finance, which will be the first step towards a transcendence of capitalism itself.


বইয়ের নাম়/লেখক/কিওয়ার্ড

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