1st Edition

Global Political Economy A Critique of Contemporary Capitalism

Edited By V. Upadhyay, Paramjit Singh Copyright 2022
    408 Pages 8 B/W Illustrations
    by Routledge

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    The present volume makes students and researchers familiar with contemporary issues in global political economy with a focus on the working of global capitalism in the last four to five decades. The volume covers a wide range of issues from conceptual questions to empirical investigation with the aim to promote a critical understanding of the major challenges posed by contemporary capitalism. It contains contributions of leading political economists from India and abroad. The volume will be a significant resource for developing a graduate course in global political economy.

    This book is co-published with Aakar Books, New Delhi. Taylor & Francis does not sell or distribute the print versions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.

    Introduction 1. Introduction to Historical Materialism: A Theory of Society and History 2. Essential Concepts in Marxian Political Economy 3. Notes on Marx’s Critique of Classical Political Economy 4. Capitalist Mode of Production: A Basic Interpretation 5. Contemporary Capitalism 6. Reserve Army of Labour 7. Political Economy of Employment-Unemployment in Capitalism 8. Can Capitalism Survive the High Degree of Automation? A Comparison with Thomas Piketty’s Argument 9. The Agrarian Question a Century After 1917: Capitalism in Agriculture and Agricultures in Capitalism  10. ‘Big is Not Always Beautiful’: Family Farms and Capitalism 11. What is Monopoly Capital? 12. Late Marx, Luxemburg, and the Conception of ‘Accumulation of Capital’ 13. Financialisation: There’s Something Happening Here 14. Reflections on the Classical Theory of Imperialism: Does History Repeat Itself? 15. What is Imperialism? Situating Imperialism in Relation to Capitalism and Colonialism 16. Climate Crisis and the Idea of Degrowth 17. Capitalism, Ecology and Eco-Socialism 18. Energy, Economic Growth, and Ecological Crisis


    V. Upadhyay is Adjunct Professor and former Head, Department of Humanities and Social Sciences, IIT Delhi.

    Paramjit Singh is Assistant Professor, Department of Economics, Panjab University, Chandigarh.