Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India's economic growth. But in a country like India, growth is not enough. Who...

Using concepts of social formation and policy regime, the article examines the role of neoliberalism in creating finance capitalism. Finance capitalism involves new methods of exploitation in the reproduction sphere, through debt, price gouging etc. The paper argues that governments are integral...