GETTING INDIA BACK ON TRACK?

by K Vijayachandran

kvijaya40

GLOBAL FINANCE CAPITAL AND YOJANA BHAVAN
Review of the book ‘Getting India Back On Track’
Edited by Bibek Debroy, Ashley J. Tellis and Reece Trever,
Published by Vintage Books, Random House India, April 2014

1.Introductory:

Published just before India’s sixteenth Loksabha elections, the 314 page book ‘Getting India Back on Track: An Action Agenda for Reform’ has a forwarding note by Ratan Tata, the icon of Indian capitalism. Such icons have disappeared from USA and most other developed countries, long ago. In India they survive, thanks to its backwardness and the English speaking elite classes with their vast media power.

State monopoly capitalism has taken over the economies of most OECD countries: They jointly try to enforce a new imperial order, with the support of a global financial market, presently regulated by IMF-WB-WTO combine. According to Ratan Tata, Getting India Back on Track was brought together by some of the…

View original post 4,856 more words

Advertisements