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

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The Multipolar Global Political Economy

Global trends indicate that the geopolitical transition towards a multipolar international system is matched by a growing diversifi cation of the global political economy. The desire for a unipolar order from hegemonic powers accompanied by force, interventions and hybrid wars will not reverse this trend, though there can be some upsets, with specifi c countries switching to become satellites of unipolar great powers.

Monetary Policy Debates in the Age of Deglobalisation

This article is the fi rst in a series of two articles on monetary policy debates in the age in which deglobalisation is a buzzword. The ongoing monetary policy debates of the age will be discussed by focusing on macroprudential measures, capital controls and central bank independence in Part II.

The Art of the Oppressed

Most mainstream films that centre caste have, even if unknowingly, not understood the historical roots and cultural background of Dalits.

 

War in Yemen

Civil war in Yemen cannot be seen merely from the prism of sectarian conflict as its roots go into the historical political positions of different groups and geostrategic interests of regional powers. Hegemonic designs of Saudi Arabia backed by the United States have intensified the conflict, leading to thousands of deaths and acute humanitarian crisis. It remains to be seen how far the recently concluded Stockholm Agreement between warring camps would contribute to a durable peace.

The 2015 Gram Pradhan Elections in Uttar Pradesh

The 2015 gram pradhan elections in Uttar Pradesh present a distinct picture of local elections as compared to state-level and national elections. Three factors— money, power, and violence with localised overtones— have driven the course of elections lately. Large-scale monetary benefits accruing from the position of pradhani motivate the contestants to make substantial investment in elections. The second important element is power that is primarily based on caste status. Although caste positions have changed, the power of caste remains intact. Middle castes have gained salience but relative empowerment of certain communities within the Scheduled Castes is a notable feature in rural societies. The most visible expression of power assertion is violence which is colloquially referred to as dabangai.

Widening the Frames of Subaltern Studies

New Subaltern Politics: Reconceptualizing Hegemony and Resistance in Contemporary India edited by Alf Gunvald Nilsen and Srila Roy, New Delhi: Oxford University Press, 2015; pp x + 318, 850.

The Work of Theory

Tackling the question of how to recalibrate the relationship between history and theory in our favour without falling into the trap of either an unqualified universalism or a naïve historicism, this article proposes that we move from the position of being a critic of Western theory to that of being a composer and assembler of a new theory from different sources and different histories.

Marxism, Capitalism, Globalisation

Capitalism in the Age of Globalisation: The Management of Contemporary Society by Samir Amin; Zed Books, London; £ 12.95 (paperback).

Identity, Hegemony, Resistance

The subject of religious conversion is rarely studied with reference to Hinduism. On the other hand, reports of adivasi 're-conversion' imply that their Hindu identity is taken for granted, justifying in turn the need for re-conversion. As a further contradiction, while Hinduisation involves their integration with the varna order, they are simultaneously regarded as outcastes - a process that involves hegemony and exploitation of the adivasis and outcastes. This paper, based on the questioning and interrogating the way conversion has been located, takes up the history of conversion in Orissa over the last 200 years

Terrorist Strike in US and Its Aftermath

A sense of history should help policy-makers in India and Pakistan to put into perspective their respective expectations of the US - as in any relationship among unequals - as the latter pursues its longterm global battle against 'international terrorism'. Our past experience provides ample grounds for caution.

Redefining the Post-Colonial

Margin of Margin: Profile of an Unrepentant Post-colonial Collaborator by Ajit Chaudhury, Dipankar Das, Anjan Chakrabarti; Anushtup, Kolkata, 2001; Rs 300/ $ 25.

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