The face you were afraid to see : essays on the Indian economy (Record no. 62278)

000 -LEADER
fixed length control field 02474cam a22001934a 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780143068273
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.954
Item number AMI/F
100 1# - MAIN ENTRY--AUTHOR NAME
Personal name Amit Bhaduri
245 14 - TITLE STATEMENT
Title The face you were afraid to see : essays on the Indian economy
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication New Delhi
Name of publisher Penguin
Year of publication 2009
300 ## - PHYSICAL DESCRIPTION
Number of Pages 194p.
520 ## - SUMMARY, ETC.
Summary, etc Previously published essays on economic conditions of India after the reform.<br/>Economists talk of prices rising or falling in response to excess of demand or supply in the market, but are at a loss to explain who sets the price in a market of many players where no one has the power to dictate price. They then have to invent the ‘invisible hand’ of a mythical god called ‘price mechanism’ to create the image of the market operating as a self-regulating system. While unregulated free trade amounts to groping in the dark, the situation is far worse when the prices and other rules of the market are set by the state on behalf of large corporations—as has happened in globalizing India in the name of economic development. Large corporations, aided and abetted by the land acquisition policies of the central and state governments, are indulging in massive land-grabbing. We witness the perversity of development in the destruction of livelihoods and displacement of the poor in the name of industrialization, in the construction of big dams for power generation and irrigation, in the corporatization of agriculture despite farmers’ suicides, and in the modernization and beautification of our cities by the demolition of slums. One of India’s foremost theoretical economists, Amit Bhaduri contends that we have abjectly surrendered to the conventional wisdom of our time—that there is no alternative to corporations and the type of globalization that they lead. The result, he warns, will not be a freer market and more freedom, but a disastrous and deepening chasm between the India of privilege and the India of crushing poverty. The Face You Were Afraid to See is a collection of compellingly argued essays that draws attention to the other India that we turn away from. Fiercely critical of financial liberalization, corporate-led globalization and neoliberalism that celebrates unregulated free trade, the essays together make for a forceful critique of India’s economic policies.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Politics and government
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Economic history
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term India
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type BK
001 - CONTROL NUMBER
control field 16010291
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2009305368
952 ## - LOCATION AND ITEM INFORMATION (KOHA)
Withdrawn status
Lost status
Holdings
Damaged status Home library Shelving location Date acquired Cost, normal purchase price Full call number Accession Number Koha item type
  Kannur University Central Library Stack 14/09/2021 250.00 330.954 AMI/F 52963 BK
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