ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Democracy and Economic Transformation in India

With the changes in India over the past 25 years, there is now a new dynamic logic that ties the operations of "political society" (comprising the peasantry, artisans and petty producers in the informal sector) with the hegemonic role of the bourgeoisie in "civil society". This logic is provided by the requirement of reversing the effects of primitive accumulation of capital with activities like anti-poverty programmes. This is a necessary political condition for the continued rapid growth of corporate capital. The state, with its mechanisms of electoral democracy, becomes the field for the political negotiation of demands for the transfer of resources, through fiscal and other means, from the accumulation economy to programmes aimed at providing the livelihood needs of the poor. Electoral democracy makes it unacceptable for the government to leave the marginalised groups without the means of labour and to fend for themselves, since this carries the risk of turning them into the "dangerous classes".

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