Global Capitalism, Deflation and Agrarian Crisis in Developing Countires
Author(s)
Patnaik, Utsa
Abstract
Analyzes economic policy regimes associated with globalization, focusing on the issues of land rights and gender; includes the experience of India in the 1990s. The income-deflating results of the global dominance of finance capital; Recalling some lessons of history; Agrarian crisis, deflationism between the two world wars and its present-day variant; Effects of liberalization and structural adjustment programmes on employment and food security in India; Stabilizing livelihoods: both macroeconomic policy change and decentralized community initiatives are required.
