Accumulation, Development, and Exclusion: China, India, and Global Capitalism INDIA CHINA INSTITUTE | www.newschool.edu The experiences of the global south have revealed that the growth-driven modernization projects have left in their wake a trail of marginalization, dispossession, disempowerment, and the displacement of segments of the population. How is a growth process that leads to exclusion legitimized and how are the citizen/subjects governed through organized practices? How do the excluded population reproduce the economic and social conditions of their existence? How can the process of development through accumulation-oriented growth be critically evaluated? And, what are the prospects, if any, of alternative forms of development beyond accumulation? A panel discussion examines these issues in the context of two of the fastest growing economies in the world—China and India. The panel is part of a project to examine the theme development beyond accumulation from a Third World perspective. Participants: Partha Chatterjee, professor of political science at the Centre for Studies in Social Sciences, Calcutta, and professor of anthropology at Columbia University, New York. His works include Nationalist Thought and the Colonial World (1986), The Nation and its Fragments (1993), A Princely Impostor? The Strange and Universal History of the Kumar of Bhawal (2003), and The Politics of the Governed (2004). Duncan Foley, Leo Model Professor of Economics, New School for …
After meeting the world’s great hand-block printing artisans on a recent trip to northern India’s Rajasthan, we asked them to make a special collection of quilts just for us. Watch here as they create an array of striking designs, all printed using intricately carved teak blocks and richly colored pigment dyes. www.westelm.com
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All of those microphones in front of the panelists. And yet we are left with the audio from the in-camera microphone, tinny and distant. Look, if you’re going to record and publish a lecture, you need to do more than just a point a camcorder at it and let it go.
We’re not watching because we want to see 5 people sit behind a table for an hour, we want to listen to their words. But if I have to strain to understand what’s being said, I’m just as likely to go do something better with my time.
lots of hot air nothing more nothing to see here folks
Also, the reason capitalism is working in China is because it’s failing in the US. Business has to go somewhere, does it not? CEO’s and corporations are not loyal to any single country. They follow cheap labor, high importation, and the heart of the US manufacturing is a testament to just that.
My point is that organizations like JP Morgan and Goldmann-Sachs don’t PRODUCE anything, yet the private CEO’s are given billions in personal remunerations. What you described is exactly my point: Capitalism works wonders if you live in an autocratic society but terrible if you live in a democratic one, as politicians are bought and sold, and corporations with the power to simply overturn any regulations put upon them.
every economy needs a finance sector, every developed country has their own ‘wall street’.
corporations are usually owned by multiple people, shareholders, the public, etc..
there’s no legal barrier stopping 100 workers from starting their own company and doing that right now…
democracy isn’t really relevant to capitalism, capitalism is doing fine in china and they aren’t exactly democratic
Why don’t we just do away with Wall Street? Instead of businesses being run by one man, why not if there are 100 workers, each man gets 1/100 power of what goes on within that business. That would solve the problem of pollution, and stripping forests bare, and sending business to China because the labor is cheaper. What we need is a system that has not seriously been considered in a very long time. If we are to live in a truly democratic society, capitalism must also conform to democracy.
it’s not that they “should” its just how it has been, and it seems it will continue to be that way. How can the weak rule the strong? Whatever your system of organization is it will have strong, rich, powerful people in it, if they don’t control it overtly they will do it behind the scenes. Why? Because the strong have the means and desire to dominate and enact rules that serve their purposes. Are u advocating anarchism: no gov, no leaders? It still faces the problem of corrupt-strong vs weak.
Correction: There has always BEEN a ruling class. In what way is that grounds to suppose that there will always BE a ruling elite? Or always should have been for that matter? Have you lived in some alternate reality the rest of us have not? Top-down democracy is just the trendy way of saying ‘bureaucratic’… and you are below yourself as a human being if you truly believe you deserve to be led. That your children deserve to be led. I think you miss the purpose of this modern movement.
We actually had to learn those kind of things from high school through college and graduate school when I was in China back then but everything was in Chinese. When I said you sound like Max just bz your words were so ‘high class’ that reminded me what I was told before in Chinese. I was praising you. You sounded like a professor.
Oh yeah because ANYTHING that is anti-capitalist MUST be from Karl Marx!!!! A sign that education in the U.S. has failed.
@arzoyan u sound like Karl Max.
like what policies
profit is motivation, the strong and lucky will dominate the weak and unlucky, that is how nature works, no matter what system you make, be it communistic or capitalistic, there will always be an elite group of experts that dominate the masses. The answer isn’t to take away the motivation, but to have rules that balance the system and make it fair and non-violent…
Of filthy Extremists and in the Free State of Thuringia – Nordhausen committed crimes and
proofed be legalized. The Jews of waste can do anything …. Pschigoda, Friedrich, Barthel, Derian,
Wesenberg/ Lorenz etc – Conrad-Fromann 47, 99735 Nordhausen/ Germany -. Kleinspehnstreet 41,
Großlohra 99759, Germany …
China adopted Market policies since the late 70′s toward the end of the Maoisy Era of “scientific central planning” which lead to the deaths of tens of millions of Chinese peasant farmers. Under the market reforms of Chairman Deng Xioping, China moved towards privatization of farm land back to the peasants, known as “Socialism with Chinese Characteristics”. Since the Chinese Economic reforms and a turn to market policies, China became who it is today.
You fail to mention the large public investment in iunfrastructure, as well as 20% if not more of GDP being dominated by large state owned enterprises (And another 25% the government itself).
And 10 years ago it was still well known that Chinese growth was outstanding. It has been since 1950, albeit with much less fluctuation since about 1975 (When investment in better flood control coupled with the abandonment of the disaster of small scale smelting came into effect).
The problem is that generally countries that adopt some sort of industrial policy and state direction generally develop much faster than those which do not.
For instance, growth collapsed in Latin America and Africa up until the mid 2000s, precisely as the msot extreme forms of liberalization were imposed (ie. privatization, deregulation, cutting of tariffs & subsides, as well as cutting public investment).
Utopian free-market? That’s funny, Capitalism isn’t about Utopia, unlike the dated economic dogmas Socialism and central planning. If you look at the historical facts, those countries which have embraced a “market” policy have advanced by leaps and bounds compared to the more backwards centrally planned command economies. Look at China,10 years ago no one expected it to become the economic and financial power house it is today with some f the most rapidly increasing living standards.
The utopian free market capitalism has never existed, and will never existed. It can never e realised within the systemic structures and internal logic of the capitalist system..
The whole freemarketism is an ideological construct originally designed to persuade developing countries to underdevelop and specialize in supplying raw materials to the capitalist core countries.
@NeoGracchus What, are you implying that an economy can’t exist without corporatism and statism? Look here, correlation is NOT causation. No modern industrialized country is free of corporatism corruptions and coercion, but to imply that for society to exist in a decent living standard, it is required to have these privileges which only a political and financial elite wield is absurd.
Development without growth… 1:01
Free-market is fundamentally opposed to state intervention of ANY kind, and that includes privileged and subsidies. We’re living in the opposite type of Capitalism, “Corporatism”, also known as State Fascism, the merger between state and corporate powers. Don’t be be a bunch ignorant people and bunch the two together.
Free-market is fundamentally opposed to state intervention of ANY kind, and that includes privileged and subsidies. We’re living in the opposite type of Capitalism, “Corporatism”, also known as State Fascism, the merger between state and corporate powers. Don’t be be a bunch ignorant people and bunch the two together.
all these countries are not laissez-faire capitalist countries so your comparing oranges to apples. and yes china managing water would be bad but china is a communist country. companies would answer to the people if the government didn’t. once again government interference causing problems.
That is an awesome video. Well done and photographic in nature. Those guys are not only expert block printers but they are wicked wood carvers
Come get some Catspit~! ☠
beautiful blocks they made…. i want those blocks
This film has actually inspired me so much that I wish to find out if the company offers workshops over there to learn the block printing technique? WESTELM let me know if this is possible or how I may be able to get in touch with the workshop?
I checked out your website and the product and your ethos is fantastic!
amazing!
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QUE BIEN. GRACIAS POR COMPARTIR
Simply fantastico!
Very interesting and inspiring. Good work!
stunning cinema to say the least! good work.
i want to live in that workshop
Beautiful scenery! It really feels like you’re doing this yourself..
Wow! That was beautiful.
amazing
Fantastic film. So beautiful and very educational. I am curious to know though if the town isn’t a bit more industrial than this film makes it out to be?