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THE GENESIS AND HISTORICAL ROLE OF THE MASTERWEAVERS IN SOUTH INDIAN TEXTILE PRODUCTION BY VIJAYA RAMASWAMY (New Delhi) Perhaps one of the most quoted concepts in economic history is the analysis of Karl Max on the origins of capitalist development. Path I of capitalist development consisted of the process by which the artisan turned himself into a merchant and small-time entrepreneur, what Marx considered 'the truly revolutionary way', while path II signified the domination of merchant capital in industry with the logical possibility of its becoming transformed into industrial capital The majority of historians working on India during the transitional phase, discuss only the path II type of development in India. However, some of the Marxist historians, especially Russian scholars like A. 1. Chicherov, L. B. Alayev, A. Antonova and V. I. Pavlov and to some extent the Indian scholar Irfan Habib, do in- dicate the potentialities of indigenous capitalist development in India. Pavlov discussed some of these factors as early as 1958 in his book on 'The Formation of the Indian Bourgeosie' translated as 'The Indian Capitalist Class' (Bombay, 1964), while Chicherov has laid even greater stress on the existence of 'manufactories' in India in his India
Journal of the Economic and Social History of the Orient – Brill
Published: Jan 1, 1985
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