By Iman Kumar Mitra, Ranabir Samaddar, Samita Sen
This quantity seems to be at how accumulation in postcolonial capitalism blurs the limits of house, associations, varieties, monetary regimes, labour strategies, and fiscal segments on one hand, and creates zones and corridors at the different. It attracts our realization to the strange yet structurally important coexistence of either primitive and digital modes of accumulation within the postcolony. From those significant inquiries it develops a brand new realizing of postcolonial capitalism. The case experiences during this quantity speak about the construction of city areas of capital extraction, institutionalization of postcolonial finance capital, gendering of labor varieties, institution of recent types of labour, formation of and alterations in caste and racial identities and networks, and securitization―and thereby be certain that no learn of latest capitalism is whole with no completely addressing the postcolonial .
by means of hard the demonstrated dualities among citizenship-based civil society and welfare-based political society, exploring severely the query of colonial and postcolonial distinction, and foregrounding the cloth strategies of accumulation opposed to the culturalism of postcolonial reviews, this quantity redefines postcolonial reviews in South Asia and past. it's beneficial examining for college students and students of South Asian stories, sociology, cultural and significant anthropology, serious and praxis reviews, and political science.
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Extra info for Accumulation in Post-Colonial Capitalism
In their study of the engineering industry in Howrah between the 1940s and 1970s in the context of the participation of a particular middle-caste group—the Mahisyas—in the production processes and factory organization, the authors Introduction: A Post-Colonial Critique of Capital Accumulation Today 23 argue that the caste question in West Bengal has been overshadowed by the ‘larger issues of class and communalism that accounts for the continued hegemony of the upper caste bhadralok [gentleman] in society, polity and culture’.
This case stands for increase in both absolute and relative surplus value. The lengthening of the working day as well as technological innovation may lead to rise in s and fall in v simultaneously. Technological innovation is always laboursaving, viz. with improvement in technology less labour is needed to produce the same output in less time. So, in this sense it signifies increase in relative surplus value. But lengthening of working hours may also happen if the capitalist class remains successful—as they are generally under a neoliberal regime—to create a socio-political climate conducive to such changes.
The entry point of our analysis is the Marxian concept of surplus labour. Production is a process of making goods and services using labour power and the means of production bought with the initial money capital in the typical M-C-M′ circuit of any capitalist class process. The process of manufacturing goods and services employing labour power over the means of production (constant capital in Marxian sense) is what is known as labour process, which involves the muscles, nerves and emotions of the owner of labour power.