Toward a Free Economy-Aditya Balasubramanian,PRINCETON UNIVERSITY PRESS ISBN:9780691256573

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Toward a Free Economy

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  • Item Code: 64139
  • Author: Aditya Balasubramanian
  • Publisher: PRINCETON UNIVERSITY PRESS
  • Edition: 1st
  • Isbn : 9780691256573
  • 13 EAN: 9780691256573
  • Neoliberalism is routinely characterized as an antidemocratic, expert-driven project aimed at insulating markets from politics, devised in the North Atlantic and projected on the rest of the world. Revising this understanding, Toward a Free Economy shows how economic conservatism emerged and was disseminated in a postcolonial society consistent with the logic of democracy.


    Twelve years after the British left India, a Swatantra (“Freedom”) Party came to life. It encouraged Indians to break with the Indian National Congress Party, which spearheaded the anticolonial nationalist movement and now dominated Indian democracy. Rejecting Congress’s heavy-industrial developmental state and the accompanying rhetoric of socialism, Swatantra promised “free economy” through its project of opposition politics.


    As it circulated across various genres, “free economy” took on meanings that varied by region and language, caste and class, and won diverse advocates. These articulations, informed by but distinct from neoliberalism, came chiefly from communities in southern and western India as they embraced new forms of entrepreneurial activity. At their core, they connoted anticommunism, unfettered private economic activity, decentralized development, and the defense of private property.

Book specification
Author Aditya Balasubramanian
Publisher PRINCETON UNIVERSITY PRESS
Edition 1st
Isbn 9780691256573
13 EAN 9780691256573
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