Accumulation In Post Colonial Capitalism

This volume looks at how accumulation in postcolonial capitalism blurs the boundaries of space, institutions, forms, financial regimes, labour processes, and economic segments on one hand, and creates zones and corridors on the other. It draws our attention to the peculiar but structurally necessary coexistence of both primitive and virtual modes of accumulation in the postcolony. From these two major inquiries it develops a new understanding of postcolonial capitalism. The case studies in this volume discuss the production of urban spaces of capital extraction, institutionalization of postcolonial finance capital, gendering of work forms, establishment of new forms of labour, formation of and changes in caste and racial identities and networks, and securitization—and thereby confirm that no study of contemporary capitalism is complete without thoroughly addressing the postcolonial condition. By challenging the established dualities between citizenship-based civil society and welfare-based political society, exploring critically the question of colonial and postcolonial difference, and foregrounding the material processes of accumulation against the culturalism of postcolonial studies, this volume redefines postcolonial studies in South Asia and beyond. It is invaluable reading for students and scholars of South Asian studies, sociology, cultural and critical anthropology, critical and praxis studies, and political science.

In this book, Kalyan Sanyal reviews the traditional notion of capitalism and propounds an original theory of capitalist development in the post-colonial context. In order to substantiate his theory, concepts such as primitive accumulation, governmentality and post-colonial capitalist formation are discussed in detail. Analyzing critical questions from a third world perspective such as: Will the integration into the global capitalist network bring to the third world new economic opportunities? Will this capitalist network make the third world countries an easy prey for predatory multinational corporations? The end result is a discourse, drawing on Marx and Foucault, which envisages the post-colonial capitalist formation, albeit in an entirely different light, in the era of globalization.

This book seeks to explicitly engage Marxist and post-colonial theory to place Marxism in the context of the post-colonial age. Those who study Marx, particularly in the West, often lack an understanding of post-colonial realities; conversely, however, those who fashion post-colonial theory often have an inadequate understanding of Marx. Many think that Marx is not relevant to critique postcolonial realities and the legacy of Marx seldom reaches the post-colonial countries directly. This work will read Marx in the contemporary post-colonial condition and elaborate the current dynamics of post-colonial capitalism. It does this by analysing contemporary post-colonial history and politics in the framework of inter-relations between the three categories of class, people, and postcolonial transformation. Examining the structure of power in postcolonial countries and revisiting the revolutionary theory of dual power in that context, it appreciates and explains the transformative potentialities of Marx in relation to post-colonial condition.

State formation in post-colonial societies differed greatly from the formation of the Western capitalist state. The latter has been extensively studied, while a coherent grasp of the post-colonial state has remained elusive. Amin-Khan provides a critical historical and contemporary understanding of post-colonial state formations in Asia and Africa, and suggests how this process differed from the formation of states in Latin America. In distinguishing between the post-colonial state and the Western capitalist state, the author argues that the unitary colonial state left a strong legacy on the decolonized states of Asia and Africa, reinscribing their subordination vis-à-vis Western states, transnational corporations and multilateral institutions. The indigenous elites' decision at the time of decolonization to retain colonial state structures meant the readaptation of capitalism-imperialism nexus to suit new post-colonial realities, which enabled the formation of clientelist relationships. This post-colonial reality and exploration of the contemporary context provides the basis of analyzing two post-colonial state forms, the capitalist and proto-capitalist varieties, which are examined using the case studies of India and Pakistan.

This highly successful text has been updated and revised to take account of new developments in international political economy, notably the East Asian crisis, and the deepening crisis of African society. It also addresses recent forms of international 'management of instability' that are beginning to emerge as contemporary forms of imperialist globalism. At the same time, more attention is paid to the gathering 'mosquito cloud' of local resistance movements around the world.

In this stimulating and provocative book, Murove traces the advent of greed in African economics through colonial capitalism, and considers how its culture of expropriation and exclusion gave rise to the emergence of political capitalism in modern Africa.

An important building block for further advancing world-system theory, this book considers the theory from the perspectives of global processes and antisystemic movements, feminist theory, and the aftermath of the colonial system. The volume addresses three myths tied to Eurocentric forms of thinking: objectivist and universalist knowledges, the decolonization of the modern world, and developmentalism. All three myths, the authors argue, conceal the continued hierarchical and unequal relations of domination and exploitation between European and Euro-American centers and non-European peripheral regions. In this volume, world-system scholars address these and related aspects of the modern/colonial capitalist world-system. Addressing the myth of universalist knowledge, the volume reminds us that our knowledge is situated in the gender, class, racial, and sexual hierarchies of a specific region in the world-system, while the coloniality of power additionally situates our knowledge. The volume further argues that the postcolonial era retains the hierarchy of colonialism, and the possibility of national development without global structural changes is one of the greatest 20th-century myths. Taking these perspectives into consideration, the contributors examine and help to refine classic world-system theory.

This major introductory text analyses key development issues and debates from the colonial period up to the present. It traces the historical development of capitalism through successive phases of expansion leading to the present 'implosion'. The book's core focus is on the emergence of a new political economy characterised by flexible accumulation and globalisation, and its differential impact on rising and declining regions of the post-colonial world.