ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Market Question and Capitalist Development in India

Development in India Prabhat Patnaik Capitalist development in an economy like ours, taking place within the context of particular agrarian relations and a particular power configuration in the world capitalist economy, depends crucially upon the state to widen its market. The ability of the state to do so however is itself limited. The market question therefore gets linked to the ability of the state to generate enough resources to maintain the tempo of its own investment. This ability in turn is determined by the play of class forces in the economy

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