Welfare State and Globalization: A Critique of Amartya Sen

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This book puts forth a strong argument that equality between presently developing and industrial countries is not only possible but is inevitable. This march towards equality is being held back by the ideology of redistribution espoused by Amartya Sen and a large number of agencies including the World Bank and the IMF, United Nations and western NGOs. The author demolishes Sen’s case for redistribution by appealing to the Sanatana tradition, including Rabindranath Tagore. He places the concept of evolution–transcendence of one’s lower desires to move to higher ones–at the centre. He shows that the Sanatana economic thinking of limiting the role of the state in the provision of public goods, encouraging business to spend in charity and promoting self-effort of the common man in improving his lot alone can secure the well-being of all the people. The book also pleads against the present consensus on welfare state and foreign investment. It is shown that these policies are doubly harmful: they hinder the evolution of the individual as well as attainment of equality between nations. The book will immensely benefit all those who are concerned about the welfare of the people of India including teachers, NGOs, political activists and general readers.

ABOUT THE AUTHOR Bharat Jhunjhunwala

Bharat Jhunjhunwala was born in family having interests in sugar, paper and electronic industries. He acquired his Doctoral Degree in economics from University of Florida at the age of 23. He joined Institute of Management, Bangalore as an Assistant Professor. While teaching he lived in a slum for two years to understand the meaning of poverty directly. He organized the trade union at IIM during the Emergency. He has undertaken extensive studies of economic Thought of ancient India. His published books include Varna Vyavastha: Governance through Caste System, Welfare State and Globalization: A Critique of Amartya Sen and Governance and Human Rights (edited) and Indian approach to Women’s Empowerment. He writes on weekly column on Political economy which is published in about 40 papers in ten languages in India.

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Bibliographic information

Title
Welfare State and Globalization: A Critique of Amartya Sen
Author
Edition
1st ed.
Publisher
ISBN
8170335672
Length
406p., Tables.
Subjects