Neo-liberalism and the Abridgement of Freedom | Prabhat Patnaik

This talk was hosted by the South Asia Working Group of the Young Scholars Initiative.

The South Asia Working Group provides a platform for young scholars from South Asia (and those interested in the economic issues of the region) to select an issue they wish to work on, collaborate and discuss for better conceptualization of the problem and, debate, critique and improve upon solutions. We also invite scholars to suggest the most pressing problems and challenges to better guide the path for this working group.

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Speaker's Bio
Prabhat Patnaik is a highly respected Indian political economist known particularly for his advocacy of measures to directly improve the lives of the poor.

He was born in 1945 in Orissa, on the eastern coast of India and after initial schooling in his home town, he moved in 1957 to Daly College, Indore, a public school in central India, on a Government of India Merit Scholarship. Thereafter he obtained a scholarship to study at St Stephen’s College, Delhi, where he completed BA (Honours) and MA degrees in Economics.

He joined the Faculty of Economics and Politics of the University of Cambridge, UK in 1969 and was elected a Fellow of Clare College, Cambridge. In 1974 he returned to India as an Associate Professor at the newly established Centre for Economic Studies and Planning (CESP) at theJawaharlal Nehru University (JNU), New Delhi. He became a Professor at the Centre in 1983 and continued till his retirement.

His specialization is Macroeconomics and Political Economy, areas in which he has written a number of books and articles. His books include Time, Inflation and Growth (1988), Economics and Egalitarianism (1990), Whatever Happened to Imperialism and Other Essays (1995), Accumulation and Stability Under Capitalism (1997), and The Retreat to Unfreedom (2003). Also he has been the editor of Social Scientist, which under his stewardship has become a highly effective vehicle for progressive ideas and fertile research.

He was part of a high-power task force of the United Nations (U.N.) to recommend reform measures for the global financial system. Chaired by Joseph Stiglitz, the other members were Belgian sociologist Francois Houtart and Ecuador's Minister for Economic Policy Pedro Paez.

He regularly writes his blog on the IDEAs and several opinion articles on newspapers, including, The Indian Express, and Frontline.

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