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According to Nehru, the transition from a backward agricultural society to a modern industrialized society was the only road for India to progress. So, for the past few decades, India has focused its transitional development around movement away from a state-controlled economy toward that of a free market economy. Transition and Development in India challenges the current basis of this theory of development, laying the groundwork for an entirely new Marxist approach to transition that should apply not just to India, but to all developing nations.
Stephen Cullenburg is Professor of Economics at the University of California, Riverside and a former editor of Rethinking Marxism. Anjan Chakrabarti is Professor of Economics at the University of Calcutta.