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Bhabani Shankar Nayak

Political Economy of Development and Business: Towards Decolonisation, Transformation and Alternative Perspectives

Political Economy of Development and Business: Towards Decolonisation, Transformation and Alternative Perspectives

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  • More about Political Economy of Development and Business: Towards Decolonisation, Transformation and Alternative Perspectives


The book offers an alternative, critical perspective on the political economy of development and business, highlighting the Eurocentric bias at the center of these areas and critiquing ruling class projects. It proposes a vision of development that recognizes pluralistic traditions and peoples' everyday experiences, focusing on tribal planning, needs-based development, public-private partnerships, modes of capital accumulation, conscious capitalism, and creative business education. The book defends critical inquiry and pluriversal knowledge against monolithic knowledge traditions and aims to explore new forms of economic transformation that are inclusive and worker-led. It will be relevant to students and researchers in the political economy, development economics, and international business.

Format: Hardback
Length: 241 pages
Publication date: 01 October 2022
Publisher: Springer International Publishing AG


This book presents a comprehensive and critical analysis of the political economy of development and business, challenging the Eurocentric bias that underpins these fields. It delves into the everyday issues faced by marginalized communities to expose the underlying Eurocentric assumptions that shape development theory, public policy, and business practices. Through a rigorous evaluation of ruling class projects, the book offers a transformative vision of development that recognizes the diverse traditions and experiences of people.

Development theory, public policy, and business practices are examined for their Eurocentric liberal myopia, with a particular focus on tribal planning, needs-based development, public-private partnerships, modes of capital accumulation, conscious capitalism, and creative business education. The book advocates for a shift towards critical inquiry and pluriversal knowledge, challenging the dominance of ruling class projects that perpetuate inequality and exploitation.

This book is of immense relevance to students and researchers interested in the political economy, development economics, and international business. It provides a comprehensive framework for understanding the complex dynamics of development and offers alternative perspectives and strategies for promoting inclusive and worker-led economic transformation. By challenging the Eurocentric bias and promoting a more equitable and sustainable world, this book contributes to the ongoing discourse on development and business ethics.

Weight: 467g
Dimension: 210 x 148 (mm)
ISBN-13: 9783031110924
Edition number: 1st ed. 2022

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