Capitalism: July 2006 Archives

Socio-economic units will not only have to fulfill peoples social and economic needs, but also their cultural aspirations. Culture denotes all sorts of human expressions. Culture is the same for all humanity, though there are differences in cultural expression. The best means of communicating human expressions is through one's mother tongue, as this is most natural. If people's natural expression through their mother tongue is suppressed, inferiority complexes will grow in their minds, encouraging a defeatist mentality and ultimately leading to psycho-economic exploitation. Thus, no mother tongue should be suppressed.

The task for this paper is to locate the works of Shrii P. R. Sarkar in a range of classification schemes and at the same time to make these schemes themselves problematic. In general, we find Sarkar's works exemplary for the following reasons. In terms of economy, his work is strong on both growth and distribution dimensions. Sarkar is also eclectic in his theory of political-economy drawing on market and regulatory mechanisms. Alienation is a result not of private property but of the concentration of wealth and of the location of the self in a materialistic paradigm. Sarkar's Prout manages to satisfy survival, wellbeing, identity and freedom needs. Market models are strong on freedom but weak on wellbeing (especially at the periphery). Local "small is beautiful" models are strong on survival, wellbeing and identity but weak on the freedom dimension. Sarkar also takes an eclectic model of epistemology having a range of ways of knowing the world. He also takes a layered "deep and shallow" view of the nature of reality. Finally, and this is the centerpiece of the argument, Sarkar's social theory combines linear, cyclical and transcendental dimensions, thus avoiding cultural exploitation and fatalism, and accentuating ancient, modern and postmodern constructions of the social and the economic.

In 1613, when a British company by the name of the East India company was granted permission by the Mughal emperor Jehangir to start their trading activities, nobody imagined that the British would one day rule India. Starting from the West coast they gradually established their centre on the East coast and in Bengal. Bengal was then under Mughal rule. In 1717, Murshid Kuli Khan was appointed as the Subadar (administrator) of Bengal. At this time, Bengal was for all intents and purposes independent, though nominally it was under Mughal rule. In 1756, after the death of Nawab Alivardy, Sirajuddaula, who succeeded him, was the last independent ruler of Bengal. Lord Clive was then the governor of the East India Company in Bengal. Lord Clive hatched a conspiracy with the commander in Chief of Nawab's army, Mirjafar, and defeated Sirajuddaula in the battle of Palashii in 1757. After this victory, the British aggressively expanded their domination of India.