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020 _a9780415642682
082 _a307.1​4120954 BAS
100 _aBasile, Elisabetta
245 _aCapitalist development in India's informal economy
260 _bRoutledge,
_c2013
_aNew York:
300 _axvi; 230p.
_bhb;
_c20 cm
365 _aGBP
_b120.00
440 _aRoutledge contemporary South Asia series; 71
520 _aThis book explores the economy and society of Provincial India in the post-Green Revolution period. It argues that the low 'quality' of capital development in India's villages and small towns is the joint outcome of the informal economic organisation, that is strongly biased in favour of capital, and of the complex stratification of the workforce along class and caste lines. Focusing on the processes of growth induced by the introduction of the high-yield varieties in agriculture, the book demonstrates that a low-road pattern of capitalist development has been emerging in provincial India: firms compete over price and not over efficiency, with a constant pressure to reduce costs, in particular labour costs. The book shows that low-skilled employment prevails and low wages and poor working conditions are widespread. Based on original empirical research, the book makes a valuable contribution to the debate on varieties of capitalism, in particular of the Global South. It is of interest to academics working in the fields of Development Studies, Political Economy and South Asian Studies
650 _a​Asia - South Asia
650 _aHistory - India
650 _aRural Development -- India.
650 _aInformal Sector
650 _aSocial Stratification
650 _aMarxian Economics -- Case Studies.
650 _aCapitalism
650 _aEconomics
942 _2ddc
_cTD