Capitalism

Accumulation in Post-Colonial Capitalism by Iman Kumar Mitra, Ranabir Samaddar, Samita Sen

By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen

This quantity appears at how accumulation in postcolonial capitalism blurs the bounds of house, associations, varieties, monetary regimes, labour procedures, and fiscal segments on one hand, and creates zones and corridors at the different. It attracts our cognizance to the bizarre yet structurally invaluable coexistence of either primitive and digital modes of accumulation within the postcolony. From those significant inquiries it develops a brand new figuring out of postcolonial capitalism. The case reviews during this quantity speak about the construction of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor kinds, institution of recent kinds of labour, formation of and alterations in caste and racial identities and networks, and securitization—and thereby verify that no research of latest capitalism is entire with no completely addressing the postcolonial situation.

by way of demanding the confirmed dualities among citizenship-based civil society and welfare-based political society, exploring seriously the query of colonial and postcolonial distinction, and foregrounding the cloth strategies of accumulation opposed to the culturalism of postcolonial reports, this quantity redefines postcolonial stories in South Asia and past. it truly is important studying for college kids and students of South Asian reports, sociology, cultural and significant anthropology, serious and praxis reviews, and political technological know-how.

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Extra info for Accumulation in Post-Colonial Capitalism

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C. (1985). Scattered speculations on the question of value. Diacritics (Winter), 73–93. Tse Tung, M. (1956). Selected Works (Vol. 5). Retrieved February 6, 2014, from https://www. htm Part I New Dynamics of Accumulation Flexible Labour and Capital Accumulation in a Post-Colonial Country Byasdeb Dasgupta Abstract This chapter links labour market flexibility with capital accumulation in the context of a post-colonial country like India. The chapter is organized in four sections starting with an understanding of neoliberal age and the nature of capital accumulation in general in the context of a post-colonial economic space.

Then suppose 5 h is sufficient for the direct producer to produce commodities worth Rs. 500, which is his/her wage. So, the 5 h specify his/her necessary labour time. Now, he/she does not work for 5 h only. Rather, as per the contract with the productive capitalist the direct producer works for 12 h a day. And this extra 7 h of work goes totally unpaid. Rather, the value of these extra hours over his/her necessary labour time is robbed by the productive capitalist as the surplus value. Note that here non-performer of the surplus value, viz.

Also, we have restricted our analysis keeping in mind a typical capitalist production process which involves commodity exchanges both for labour power and the final commodity (C). We are not considering here the non-capitalist processes of production which exist simultaneously in a society that is predominantly capitalist and is monetized. The discussion of these other, viz. non-capitalist, processes will be taken up later. The capitalist process, which we are considering, follows the M-C-M′ circuit.

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