Return of the State: End of Neo-Liberalism? An Inquiry into the Indian Governmentality (original) (raw)

Abstract

Is Neo-liberalism withering away after its hegemonic rule of decades in India? This paper attempts to find the trace of the hegemony of neo-liberalism and its seeming fading out from economic, social and political spaces in India. Neo-liberalism, the expression of International Finance Capital (or Global capital), in its continuous hegemonic assertion whenever necessary throttled the much acclaimed demand side management of State (Keynesianism). State seemed to be reduced to mere bystander amidst high dynamism of International Capital in India. However, for some time some role reversal is also being observed. In the sense of Keynesianism-The Return of the State seems to be imminent. At least in states like West Bengal, Bihar, Andhra Pradesh etc. and in central government (ministry of Environment, Rural Development, Finance etc.), State in an active developmental role, creating a delusory moments. In this context the paper would deal with the controversy between Neo-liberalism and Keynesianism in the sense of pure governmental intervention and its political insinuation amidst high volatility in government affairs.

Santanu Rakshit hasn't uploaded this talk.

Let Santanu know you want this talk to be uploaded.

Ask for this talk to be uploaded.