This book offers a reading of Bhimrao Ambedkar’s engagement with the idea and practice of socialism in India by linking it to his lifelong political and philosophical concerns: the annihilation of the caste system, untouchability and the moral and philosophical systems that justify either. Rather than view his ideas through a socialist lens, the author suggests that it is important to measure the validity of socialist thought and practice in the Indian context, through his critique of the social totality. The book argues its case by presenting a broad and connected overview of his thought world and the global and local influences that shaped it. The themes that are taken up for discussion include: his understanding of the colonial rule and the colonial state; history and progress; nationalism and the questions he posed the socialists; his radical critique of the caste system and Brahmancal philosophies, and his unusual interpretation of Buddhism.

Provides the answer to the enduring puzzle why India lags behind China in offering public goods to its people.

The purpose of this study is to analyse the relationship between social structure and economic performance in India and Pakistan. It seeks to establish whether the social system had a significant dysfunctional role in hindering growth in the past, and whether the situation has changed since independence. It analyses the extent to which governments in office really tried to change the social structure and the degree to which their rhetorical commitments were constrained by the inertia of tradition and by the vested interests which inherited economic and social power.

How India's COVID-19 lockdown is creating an unprecedented humanitarian disaster With the advent of COVID-19, India’s rulers imposed the world’s most stringent lockdown on an already depressed economy, dealing a body blow to the majority of India’s billion-plus population. Yet the Indian government’s spending to cushion the lockdown’s economic impact ranked among the world’s lowest in GDP terms, resulting in unprecedented unemployment and hardship. Crisis and Predation shows how this tight-fistedness stems from the fact that global financial interests oppose any sizable expansion of public spending by India, and that Indian rulers readily adhere to their guidance. The authors reveal that global investors and a handful of top Indian corporate groups actually benefit from the resulting demand depression: armed with funds, they are picking up valuable assets at distress prices. Meanwhile, under the banner of reviving private investment, India’s rulers have planned giant privatizations, and drastically revised laws concerning industrial labor, the peasantry, and the environment—in favor of large capital. And yet, this book contends, India could defy the pressures of global finance in order to address the basic needs of its people. But this would require shedding reliance on foreign capital flows, and taking a course of democratic national development. This, then, is a pursuit, not for India’s ruling classes, but a course of struggle for India's people.