In and against Development: From New to Newest Development Economics (Historical Materialism)

The first of two volumes written “in and against development” tells the story of how of The Economics of Everything, or Economics Imperialism, became a dominant presence in development economics. Today, economics imperialism sets the agenda in development studies, with the World Bank taking a leading, if contested, role.This volume examines how this happened, charting the evolution from the old or classic development economics through the new, newer and newest development economics.Drawing critically upon the Kuhnian notions of paradigm shifts, corresponding changes are contextualized materially, intellectually and policy-wise.Covering key issues such as famine, the developmental state, and trade and industrial policy, detailed attention is paid to the potential for alternatives for economics and economic policies.