India’s neoliberal turn since the 1990s has accelerated deindustrialisation; as the global order shifts, the country’s left must seize any openings to push for autonomous national development.
While industrialisation remains a top priority for Global South countries, debt-driven austerity, corporate dominance, wars, and sanctions keep many poorer nations locked into dependency and underdevelopment.
Deindustrialisation in North America and Europe has led to the assumption that the digital economy would be the primary motor of capital accumulation. However, the digital economy continues to be grounded in a range of…