fact that the agrarian crisis or the current raging
inflation in India has not evoked major spontaneous
struggles is linked to the country's transition from
a dirigiste to a neo-liberal economic regime. As Indian
capital becomes increasingly integrated with global
financial capital, and the State increasingly represents
the exclusive interests of the bourgeoisie, the interests
of the people are sacrificed for the sake of the ''nation's''
emergence as an economic power. Further, the capacity
for resistance in our society is also closely linked
to the balance between the public and private sectors,
which too undergoes a fundamental shift under neo-liberalism.