This Subject Includes

  • Course No: HS 620
  • Course: MA in Development Studies
  • Semester: III
  • Title: Political Economy of Agrarian Development
  • Stream: Economics
  • Description:

    Basic concepts of classical political economy in the writings of Smith, Malthus and Ricardo: theory of value, rent, class conflict; Marx’s critique of the Ricardian theory of rent, Marx’s theory of capitalist ground-rent: differential rents and absolute rent; Kautsky and Lenin on the late-nineteenth century German and Russian agriculture, development of capitalism and class differentiation; Agrarian development in the colonies: Rosa Luxemburg on the impact of colonialism, Mao Zedong on the process of class formation in the early-twentieth century China; Agriculture and the Transition Debate; Capitalism in Indian agriculture and the Mode of Production Debate; Globalisation and the present day agrarian question in India.

  • Text:

    Basu, K (2000): Agrarian Questions (Themes in Economics) (edited volume), Oxford University Press.^$^Dobb, M (1973): Theories of Value and Distribution since Adam Smith: Ideology and Economic Theory, Cambridge University Press.^$^Hilton, R (1976 [2006]): The Transition from Feudalism to Capitalism (edited volume), Aakar Books.^$^Hunt, E. K. and M. Lautzenheiser (2014): History of Economic Thought, a Critical Perspective, 3rd edition, PHI Learning Private Limited.^$^Marx, K (1894[1981]): Capital, vol III, Penguin Books.^$^Patnaik, U (1990): Agrarian Relations and Accumulation: The 'mode of Production' Debate in India (edited volume), Sameeksha Trust.^$^Patnaik, U (2007, 2011): The Agrarian Question in Marx and His Successors, vol I and II (edited volumes), LeftWord