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Lecture 21

HISA 3003 Lecture 21: The Indian Middle Class

by OneClass1030418 , Spring 2016
5 Pages
59 Views

Department
History-South Asian History
Course Code
HISA 3003
Professor
Nabaparna Ghosh
Lecture
21

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Thursday, April 21, 2016
The Indian Middle Clasa
HISA 3003!
-Globalization
Rise of a new middle class
-Directly connected to the new principle of economic development in the 1990s
Started in 1992!
A new Model of Development –#did it benefit all Indians?!
-Development of all of India?!
-Supported by BJP!
-Mukesh Ambani
One of the richest men in the world
Most expensive property –!Antilla
Sits at the heart of Mumbai !
-Is Mumbai a city of slums (as depicted in Slumdog Millionaire) or a city of millionaires
with average house prices reaching $1+ million!
In reality –#Mumbai is both !
-A New Model of Development
Pillar of the policy was Economic Liberalization = Facilitated Privatization and
globalization
-Privatization destroyed the public sector!
Could not coexist!
Private companies out-paid employees than public sector!
Bureaucratic process in private companies = faster!
Private companies got land at very cheap values = Companies used the money which
it got from profit and from government !
1
Thursday, April 21, 2016
-Kept on cycling the money within the company instead !
Revenue and profit not cycled back out to the community to improve
infrastructure !
Main cities and villages did not benefit from this privatization !
-Privatization created a neoliberal middle class –!less dependent on the state
In favor of this economic model –#because it is what created them and what sustains
them. !
-Urban Middle Class Characters
-Consumers of the West
Large shopping malls, products, and consumerism
The Neo-Liberal Middle Class makes possible the consumer centric globalization!
Globalization also dubbed as Coca-Colonization and McDonaldization
-Along with these products they launched – they attempted to change the mindset of the
people to change their needs to become global citizens !
-The Western lifestyle is put at a upper hedge in comparison to Indian lifestyle!
-How is this need for foreign products created?!
Showing these foreign products are culturally compatible –#media plays a huge role in
this process. !
State
Middle Class Characters
Relation to Development
Nehruvian Development
-Nehruvian Middle Class –
"largely state dependent,
including employment
-Welfare mode of development.
-Issues taken up by them have
a wider concern for nation, for
poor.
Neo-Liberal State
-Increasing secession from
state, but supports state
development.
-Upward mobile.
-Seeks private solution to
problems.
-Issues upheld by them guards
class interest.
-Puts them in confrontation with
the poor.
2

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Description
Thursday, April 21, 2016 The Indian Middle Clasa HISA 3003 Globalization Rise of a new middle class Directly connected to the new principle of economic development in the 1990s Started in 1992 A new Model of Development did it benet all Indians? Development of all of India? Supported by BJP Mukesh Ambani One of the richest men in the world Most expensive property Antilla Sits at the heart of Mumbai Is Mumbai a city of slums (as depicted in Slumdog Millionaire) or a city of millionaires with average house prices reaching 1+ million In reality Mumbai is both A New Model of Development Pillar of the policy was Economic Liberalization = Facilitated Privatization and globalization Privatization destroyed the public sector Could not coexist Private companies outpaid employees than public sector Bureaucratic process in private companies = faster Private companies got land at very cheap values = Companies used the money which it got from prot and from government 1
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