ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Means to Augment Human Well-being

Post-growth Thinking in India: Towards Sustainable Egalitarian Alternatives edited by Julien-François Gerber and Rajeswari S Raina, Hyderabad: Orient BlackSwan, 2018; pp xxii + 365, 1,075.


There have been many recent controversies in India involving the rate of economic growth. Consider the debates on the average growth rate during the regime(s) of the United Progressive Alliance and National Democratic Alliance (Nair et al 2018), on the method of calculating the rate (Mishra 2019), or the priority of this rate vis--vis other policy goals (Bhattacharya 2013), each involving celebrated academicians, powerful political leaders, and experienced bureaucrats.

The economic reforms in India, that took a formal shape in 1991, were all about increasing this rate. A high rate indicates a faster increase in the scale of economic activities. This increases the income of those involved with production, making them potential buyers of more goods and services. This, in turn, signals new investment, creating further demand. The process repeats, but every time with an increase in the flow of goods and services and, in turn, in the inputs required to produce them. Such expanded reproduction is a necessity for sustaining capitalist economic systems.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


To gain instant access to this article (download).

INR 59

(Readers in India)

$ 6

(Readers outside India)

Published On : 20th Jan, 2024

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.