Böcker av Utsa Patnaik

Those who control the world's commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book-winner of the Paul A. Baran-Paul M. Sweezy Memorial Award

The author argues that the claim that South Asia has seen a large reduction in poverty over the last three decades is a spurious claim. Using nearly 50 years of data from India's National Sample Survey, she shows that applying a constant nutrition standard over time, poverty had worsened considerably over the period of neoliberal reforms.

Excerpts of writings from Karl Marx's Kapital on agrarian question with capital and ground rent.

A compelling and critical destruction of both the English agricultural revolution and the theory of comparative advantage, upon which unequal trade has been justified for three centuries, this account argues that these ideas have been used to disguise the fact that the Northfrom the time of colonialism to the present dayhas used the much greater agricultural productivity of the South to feed and improve the living standards of its own people while impoverishing the South. At the same time, the imposition of neoliberal reforms in the African continent has led to greater unemployment, spiraling debt, land and livestock losses, reduced per capita food production, and decreased nutrition. Arguing that political stability hangs in the balance, this book calls for labor-intensive small-scale production, new thinking about which agricultural commodities are produced, the redistribution of the means of food production, and increased investment in rural development. The combined effort of African and Indian scholarly work, this account demands policies that defend the land rights of small producers and allow people to live with dignity."