Roy, Satyaki (2010): High Non-Wage Employment in India: Revisiting the ‘Paradox’ in Capitalist Development. Published in: The Indian Journal of Labour Economics , Vol. 54, No. No.2 (2011): pp. 251-267.
Download (300kB) | Preview
High non-wage employment persisting with high growth appears to be a paradox in capitalist development because commoditisation of labour power assuming the form of wage labour is specific to capitalism and the sole source of surplus value. This paper, drawing from various strands of Marxian literature, argues that capitalism never existed in isolation in ‘pure’ and pristine form, and the fundamental class process of surplus production is constituted by subsumed class processes and non-class processes that involve non-capital in several moments. Although the interaction of capital with the non-capitalist space signifies a confluence of separate processes, it overdetermines the existence and stability of capitalism by a complex dialectics of force and persuasion involving economic, political and ideological determinations.
|Item Type:||MPRA Paper|
|Original Title:||High Non-Wage Employment in India: Revisiting the ‘Paradox’ in Capitalist Development|
|Keywords:||capitalism, non-wage employment,class process|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B51 - Socialist ; Marxian ; Sraffian
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E26 - Informal Economy ; Underground Economy
E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E11 - Marxian ; Sraffian ; Kaleckian
|Depositing User:||Satyaki Roy|
|Date Deposited:||13. Jan 2012 05:58|
|Last Modified:||12. Feb 2013 20:45|
Althusser, L. and Balibar, E. (1970), Reading Capital, New Left Books, London.
Bhaduri, Amit (2008), ‘Growth of a Wasteland’, Available at: http://sanhati.com/articles/651, Accessed on 9 March 2009.
Choudhury, Ajit; Das, Dipankar and Chakraborty, Anjan (2000), Margin of Margin: Profile of an Unrepentant Post-colonial Collaborator, Anustup Prokashani, Calcutta.
Dobb M. (1946), Studies in the Development of Capitalism, Routledge and Kegan Paul, London.
Drucker, P.F. (1993), Post-Capitalist Society, Harper Business, New York.
Harvey, David (2003), The New Imperialism, Oxford University Press, Oxford.
Holton, J. Robert (1981), “Marxist Theories of Social Change and the Transition from Feudalism to Capitalism”, Theory and Society, Vol. 10, No. 6, November, pp. 833-67.
Kalecki, M. (1971), Selected Essays on the Dynamics of the Capitalist Economy, Cambridge University Press, Cambridge.
Kasmir, Sharryn and Carbonella, August, (2008), “Dispossession and the Anthropology of Labor”, Critique of Anthropology, Vol. 28, No.1, pp. 5-25.
Luxemburg, Rosa (1951), The Accumulation of Capital, Routledge and Kegan Paul, London.
Marginson, Simon (1998), “Value Creation in the Production of Services: A Note on Marx”, Cambridge Journal of Economics, Vol. 22, No. 5, pp. 573-85.
Marx, K. (1958), Capital, Vol. I, Foreign Languages Publishing House, Moscow.
—— (1959), Capital, Vol. III, Foreign Languages Publishing House, Moscow.
Mead, C. Donald (1994), “The Contribution of Small Enterprises to Employment Growth in Southern and Eastern Africa”, World Development, Vol. 22, No. 12, pp. 1881-94.
Mead, C. Donald and Liedholm, Carl (1998), “The Dynamics of Micro and Small Enterprises in Developing Countries”, World Development, Vol. 26, No. 1, pp. 61-74.
Moser, C. (1978), “Informal Sector or Petty Commodity Production: Dualism or Dependence on Urban Development”, World Development, Vol. 6, Nos. 9/10, pp. 1041-64.
NCEUS (2009), The Challenge of Employment in India: An Informal Economy Perspective, National Commission for Enterprises in the Unorganised Sector, Vol. I, New Delhi.
NSSO (Various years), Reports on “Employment and Unemployment Situation in India”; Report No. 531, Department of Statistics, Government of India, New Delhi.
—— (Various years), Reports on “Service Sector in India’, 57th and 63rd Rounds, Report Nos. 483 and 529, Department of Statistics, Government of India, New Delhi.
Patnaik, Prabhat (1997), Accumulation and Stability under Capitalism, Clarendon Press, Oxford.
—— (2008), The Value of Money, Tulika Books, New Delhi. Piore, M. and C. Sabel (1984), The Second Industrial Divide: Possibilities for Prosperity, Basic Books, New York.
Quick, Paddy (2004), “Subsistence Wages and Household Production: Clearing the Way for an Analysis of Class and Gender”, Review of Radical Political Economics, Vol. 36, No. 1, Winter, pp. 20-36.
Resnick, A. Stephen and Wolff, Richard D. (1987), Knowledge and Class, University of Chicago Press, Chicago and London.
Rodrik, Dani (1997), Has Globalisation Gone Too Far?, Institute for International Economics, Washington DC.
Roy, Satyaki (2007), “Do Minimum Wages Reduce Employment in the Small Enterprise Clusters?”, Indian Journal of Labour Economics, Vol. 49, No. 4, pp. 709-19.
Sanyal, Kalyan (2007), Rethinking Capitalist Development, Routledge, Taylor and Francis Group, London, New York and New Delhi.
Schmitz, Hubert (1982), “Growth Constraints on Small-scale Manufacturing in Developing Countries: A Critical Review”, World Development, Vol. 10, No. 6, pp. 429-50.
Sharryn, Kasmir and Carbonella, August (2008), “Dispossession and the Anthropology of Labour”, Critique of Anthropology, Vol. 28, No.1, pp. 5-25.
Sweezy, Paul M. (1942), The Theory of Capitalist Development, Monthly Review Press, New York.
Tomich, Dale W. (2004), Through the Prism of Slavery: Labour, Capital and World Economy, Rowman and Littlefield Publishers Inc., Oxford, UK.