Distortions in Indian EconomyAnil Rai INDUSTRIALISATION OF INDIA By G.K. Shirokov People's Publishing House, 1980, pp. 326, Rs. 20.00 VOLUME V NUMBER 3 November/December 1980 In the tradition of an
earlier generation of pioneering Soviet studies of economic development in
modern India by Reisner, Pavlov, Goldberg, Levkovsky, Melman and other Soviet
scholars, the book under review provides a bold and interesting attempt at
elaborating the line that originated in the 20th Congress of the C.P.S.U. in
1956—bold because it
attempts to view the process of economic growth in the perspective of class
relations and interesting because
the well-worn incantation of the 'non-capitalist path of development' does not
appear on a single page of this rather wide-ranging study by a Soviet economist.
It is
not our intention to summarize the very interesting empirical material
presented in this book which must be evaluated in detail. We would essentially
be focusing on the analysis of the Indian industrialization process presented
in this painstaking and detailed study and the apologetic and absurd
conclusions which are dictated by the ideological-political position of modern
revisionism in relation to India.
Industrialization
of India began with a high level of market and capitalist relations. The
induction of India into the international division of labour during the colonial
period, was confined largely to the marketing of consumer goods. Towards the
close of the colonial period economic coercion was the prevalent method of
surplus extraction. This accelerated the spread of commodity money relations,
the growth of local capitalism and the rise of a national capitalist structure.
Consequently, taking it as axiomatic, Shirokov argues that the national bourgeoisie
came to power: ‘after the country (India) had won independence, the national
bourgeoisie took over the reins of government’ (emphasis added).
As the
positions of the old feudal classes and of foreign capital were firmly
entrenched, the only way for the national bourgeoisie to consolidate itself as
the ruling class was by accelerating the development of modern capitalism.
This, then brought industrialization to the fore and necessitated state
intervention in the economy. Soon, however, it was found that the big
bourgeoisie reaped what the national burgeoisie had sown and Shirokov
is hard put to answer: Why and how could this happen if the national bourgeoisie
alone was in power? Nevertheless, he makes a valiant attempt at an answer.
With the general rise of the democratic movement, the
contradictions and political struggle between various sections and groups of
the bourgeoisie had become intense. In the inevitable ... Table of Contents >> |