Status Updates From Modern India, 1885-1947

"The Indian bourgeoisie was a specific kind of bourgeoisie, characterized by ‘ravening greed’ and a mania for speculation rather than initiative or efficiency in developing production (Kosambi, p. 14). Technological backwardness made it look for foreign collaboration... At the same time, bourgeois leaders were quite willing to accept or even urge Indian state investment"

"As later developments have repeatedly shown, the more far-sighted sections of the bourgeoisie in an under-developed country would be quite ready to accept a measure of state regulation, planning, public investments in basic industries to create a favourable infrastructure for their own growth, and even ‘socialist’ rhetoric—so long as socialism did not mean wholesale nationalization along revolutionary lines."

"The Congress, while fighting the Raj was also becoming the Raj, foreshadowing the great but incomplete transformation of 1947. This was not just a question of party organization throttling lower-level spontaneity; what was involved was the gradual establishment of a kind of hegemony (never absolute or unqualified, however, as we shall see) of bourgeois and dominant peasant groups over the national movement."

Duggalji aaj communist hai :)
#IfYouKnowWhatIMean