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This book brings together Marxian philosophy and Lacanian psychoanalysis to argue that the hegemonic form of global capital is founded on the foreclosure of class and ‘world of the third,’ where ‘world of the third’ is the ‘inappropriate(d) outside’ of the hegemonic form of global capital. The authors counterpose ‘the world of the third’ to the mainstream notion of the ‘third world,’ seen as a ‘lacking other’ in desperate need of aid and development. Thus, for them, the hegemonic form of global capital is engendered through the foregrounding of the 'poor,' 'victim'...

Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal,...