Name Prabhat Patnaik Role Economist | Education Balliol College | |
 | ||
Books The Value of Money, Accumulation and stability u, Whatever Happened to Imperia, The retreat to unfreedom, Time - inflation - and growth | ||
Honorary doctorate prof prabhat patnaik 2012 graduation soas university of london
Prabhat Patnaik is an Indian Marxist economist and political commentator. He taught at the Centre for Economic Studies and Planning in the School of Social Sciences at Jawaharlal Nehru University in New Delhi, from 1974 until his retirement in 2010. He was the vice-chairman of the Planning Board of the Indian state of Kerala from June 2006 to May 2011.
Contents
- Honorary doctorate prof prabhat patnaik 2012 graduation soas university of london
- Prabhat patnaik capitalism and its current crisis
- Early life and education
- Career
- Views
- References
Prabhat patnaik capitalism and its current crisis
Early life and education
Prabhat Patnaik was born in Jatni in Odisha on 19 September 1945 and after early schooling in his home town, studied at Daly College, Indore, on a Government of India Merit Scholarship. He passed his B.A. with Economics Honours from St. Stephen's College, Delhi. He went to Oxford University in 1966 on a Rhodes Scholarship and studied at Balliol College and later at Nuffield College. He obtained his B.Phil and his D.Phil. degrees from Oxford University.
Career
Patnaik joined the Faculty of Economics and Politics of the University of Cambridge, UK in 1969 and was elected a fellow of Clare College, Cambridge. In 1974 he returned to India as an associate professor at the newly established Centre for Economic Studies and Planning (CESP) at the Jawaharlal Nehru University (JNU), New Delhi. He became a professor at the Centre in 1983 and taught there till his retirement in 2010. At the time of retirement, he held the Sukhamoy Chakravarty Chair in Planning and Development at CESP.
His specialization is macroeconomics and political economy, areas in which he has written a number of books and articles. His books include Time, Inflation and Growth (1988), Economics and Egalitarianism (1990), Whatever Happened to Imperialism and Other Essays (1995), Accumulation and Stability Under Capitalism (1997), The Retreat to Unfreedom (2003), The Value of Money (2008) and Re-envisioning Socialism (2011). He is the editor of the journal Social Scientist,.
He is married to Professor Utsa Patnaik, who retired in 2010 as a faculty member at the Centre for Economic Studies and Planning (CESP) in Jawaharlal Nehru University (JNU), New Delhi.
He served as the vice-chairman of the Kerala State Planning Board from June 2006 to May 2011.
Patnaik was part of a four-member high-power task force of the United Nations (U.N.) to recommend reform measures for the global financial system. Chaired by Joseph Stiglitz, the other members were Belgian sociologist Francois Houtart and Ecuador's Minister for Economic Policy Pedro Paez.
Views
Prabhat Patnaik is a staunch critic of neoliberal economic policies, Hindutva and is known as a social scientist of Marxist-Leninist persuasion. According to him, in India, the increase in economic growth has been accompanied by an increase in the magnitude of absolute poverty. The only solution is to alter the class orientation of the State.