Prabhat Patnaik

Biographic Data

ID241229
NAMEPrabhat Patnaik
GIVEN NAMESPrabhat
FAMILY NAMEPatnaik
SIGNATUREPATNAIK P
AFFILIATIONSJawaharlal Nehru University
ORCID0000-0001-5862-8659
VERIFIEDYes
TOTAL WORKS108
TOTAL CITATIONS132
AUTHOR COUNT109
EDITOR COUNT0
FIRST PUBLICATION YEAR1968
LATEST PUBLICATION YEAR2026
H-INDEX5

  • On the Economic Crisis of Capitalism

    Open AccessPrabhat PatnaikARTICLEMonthly Review2026

    Considering the "Structural Crisis of Capital" from the perspective of economics, Prabhat Patnaik sheds light on two major aspects that have risen to prominence in our current conjuncture. The first, rampant stagnation and unemployment, is clear and undeniable. The second, particular to the capitalism of the late twentieth century and the shedding of colonies on which imperial nations depended for wealth is particularly salient to Trump's economi…

  • A Basic Misconception about Export-led Growth

    Prabhat PatnaikARTICLEEconomic and political…2026

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  • The War Against Iran and the Dialectics of Resistance

    Open AccessPrabhat PatnaikARTICLEMiddle East Critique2026

    The war against Iran, following the armed assault on Venezuela, is part of a strategy of US imperialism to recolonize the Global South as a means of overcoming the twin crisis it currently faces: one is a stagnation of its economy, together with that of the world economy in general as a consequence of the pursuit of neoliberalism; the other is the persistent current account deficit of the US ever since the mid-1970s, which has made it the world’s…

  • Imperialism, Crisis, and the Agrarian Question

    Open AccessPrabhat PatnaikARTICLEAgrarian South Journal of…2026

    This article was delivered as a keynote address at the “International Conference on Development, War, and Agriculture in the Arab–Iranian Region: Rethinking the Agrarian Question,” organized by the Observatory of Food Sovereignty and Environment, in Tunis, on 6–8 November 2025. The author argues that the perspective on class contradictions and alliances that prevailed in the early postcolonial period was based on a reading of the agrarian questio…

  • Reclaiming the Sovereignty of the Small Producer on Land

    Open AccessIssa G Shivji, Prabhat PatnaikARTICLEAgrarian South Journal of…2026References: 6

    This article was the Keynote Address to the International Conference on Land, Life and Society organized by the Institute for Poverty, Land and Agrarian Studies, University Western Cape, in Cape Town on October 7–9, 2025. Based on the notion of “accumulation by extraction,” the article surveys three waves of land grabs since the colonial period in Africa, including the current one under neoliberalism. This, in particular, has been driven by agrib…

  • Obituary-wl-1763-The Last Titan

    Prabhat Patnaik, Pradyot PatnaikARTICLEEconomic and political…2025

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  • The Worker-Peasant Alliance in the Transition to Socialism Today

    Open AccessPrabhat Patnaik, Utsa PatnaikARTICLEMonthly Review2025

    Prabhat and Utsa Patnaik consider the historical views of the relationship between the proletariat and peasantry during the revolutionary transition to socialism and struggle against imperialism. While other thinkers have suggested that alliances between the two groups must be shed in order to complete the revolution, the Patnaiks propose a framework of voluntary cooperatization benefiting all

  • The Free Trade Argument and Development Strategy

    Open AccessPrabhat PatnaikARTICLEAgrarian South Journal of…2025References: 3

    The argument that free trade enhances the output bundle of countries is based on the assumption of full utilization of factors of production and, in turn, on the idea that supply creates its own demand (Say's Law). However given that involuntary unemployment prevails, the free trade argument for development strategy becomes invalid. Not only is it impossible, due to constrained demand, for all trading partners to benefit from trade, but autonomou…

  • Amiya Kumar Bagchi and the Political Economy of Underdevelopment

    Open AccessPrabhat PatnaikARTICLEDevelopment and Change2025References: 6

  • Liberal Political Philosophy and European Economic History

    Open AccessPrabhat PatnaikARTICLEStudies in People’s History2024

    There exists a widespread belief that England’s economic achievements were based on its spectacular progress in agriculture, in which primitive peasant cultivation was replaced by far the economically more successful large-scale cultivation by farmers. History, however, has a different tale to tell. Agriculture in England did not achieve any particular efficiency before the Industrial Revolution of the late eighteenth century. No particular progr…

  • Reforms, International Crisis and Growth of Chinese and Indian Economies

    Open AccessPrabhat Patnaik, Manmohan Agarwal et al.ARTICLEChina Report2024References: 10

    The considerable similarity in the growth paths of the Chinese and Indian economies since their respective reforms has changed after the 2008 crisis. This article tries to understand the trajectories of different parameters of economic growth in the two countries, and how these changed after the crisis. Growth has declined in both the economies, more consistently in China, compared to India. The share of exports in GDP has also declined in both e…

  • Employment and Poverty under Neoliberal Capitalism

    Prabhat PatnaikARTICLESocial research2024Cited by: 1

    Neoliberal capitalism, characterized by freer movement of goods and services and capital, including finance, across country borders, keeps down real wages everywhere even as labor productivity increases. This raises income inequalities, creating an ex ante tendency toward overproduction, which underlies the current stagnation and growing unemployment in the world economy. This crisis cannot be overcome within neoliberalism, since globalized finan…

  • A New Focus on Cityscapes in Late Medieval German Literature

    Open AccessPrabhat Patnaik, Albrecht ClassenARTICLEThe Medieval History Journal2023References: 2

    Historians have studied the medieval city from many different perspectives already, and even literary historians have endeavoured to identify the evidence in fictional texts pertaining to urban spaces and figures. In many cases, however, the cities as they emerge before our eyes are rather imaginary or dream-like, and lack in historical specificity. This situation changed, as this article demonstrates, with the case of Rudolf von Ems’s Der guote …

  • The crisis of neo-liberal capitalism

    Prabhat PatnaikARTICLEThe Japanese Political Economy2023Cited by: 1References: 4

    Neo-liberal capitalism brings about a de-segmentation of the world economy whereby wages in the “north” remain subdued by being linked to the massive labor reserves of the “south”, even while these reserves themselves swell despite relocation of activities from the “north” to the “south”. At the same time labor productivity rises everywhere; the net result is a rise in the share of surplus in total output in the world as a whole, which creates an…

  • Why Can’t We Be Friends? John of Salisbury, Thomas Becket and the Discourse of Amicitia

    Open AccessPrabhat Patnaik, Cary J NedermanARTICLEThe Medieval History Journal2022References: 2

    There has been an almost universal tendency to treat Thomas Becket as a personal—even close and intimate—friend of John of Salisbury, based on their decades-long association. Evidence for this position has rested, for example, on the fact that the two writings that have primarily sustained John’s intellectual reputation through the centuries—the Policraticus and the Metalogicon—he chose to dedicate to Becket. During the Middle Ages, however, addr…

  • Indonesia’s Foreign and Maritime Policies Under Joko Widodo

    Open AccessPrabhat Patnaik, Leonard C Sebastian et al.ARTICLEJournal of Asian Security and…2021

  • Indonesia’s Global Maritime Fulcrum

    Open AccessPrabhat Patnaik, Edna CarolineARTICLEJournal of Asian Security and…2021

    This article examines why Indonesia’s vision of the Global Maritime Fulcrum (GMF) was not properly developed in accordance to its strategic response to the increased rivalry between China and the USA in the Asia-Pacific region. Although the GMF initially focussed on achieving domestic agendas, Indonesia’s implicit intention is to utilise the GMF as a hedge in order to strengthen economic cooperation with China while keeping the USA engaged in the…

  • Indonesia’s China and US Approach

    Open AccessPrabhat Patnaik, Tiola TiolaARTICLEJournal of Asian Security and…2021

    This article examines Indonesia’s perceptions, strategies and policies towards the USA and China under the presidencies of Susilo Bambang Yudhoyono (2004–2014) and Joko Widodo’s first term and early second term (2014–2020). It argues that on a strategic level, Indonesia’s behaviours are in line with structural realist principles, where it adopts a prudent approach of maintaining its strategic autonomy. However, deviations from structural realism …

  • Explaining Indonesia’s Under-balancing

    Open AccessPrabhat Patnaik, IIS Gindarsah et al.ARTICLEJournal of Asian Security and…2021

    The current maritime challenges that Indonesia faced had not led to the development of the navy and air force. While theories of neoclassical realism highlighted the importance of domestic factors when determining responses at the strategic level, inefficiencies within the state bureaucracy had often been the bane of prudent policies. Our article attempts to engage with the neorealist concept of under-balancing to look at the reasons why there is…

  • Continuity in Indonesia’s Strategy in the South China Sea Under Joko Widodo

    Open AccessPrabhat Patnaik, Angguntari SariARTICLEJournal of Asian Security and…2021

    This study seeks to address two interrelated questions: Does Indonesia underbalance against China? Why does President Joko Widodo stick with the strategy of to this day? The study lays out three main arguments. First, there are two types of strategies: the appropriate and inappropriate one (under-balancing). Indonesia, under the first and beginning of the second term of Jokowi presidency, adopts the prudent strategy. Thus, it does not underbalanc…

  • Ephemeral Traces

    Open AccessSupriya Varma, Prabhat Patnaik et al.ARTICLEThe Medieval History Journal2021Cited by: 1References: 8

    For a considerable span of human history, following the adoption of agricultural economies but prior to the emergence of settlements that we label as ‘urban’, small permanent communities or ‘villages’ were the main types of settlements, as also were places intermittently occupied by mobile, nomadic groups. The context of these, however, differed from those small or rural settlements that existed within an integrated network of centres in urban an…

  • Evaluating Brexit Implications for India’s Relations with the EU and the UK

    Open AccessPrabhat Patnaik, Dhananjay TripathiARTICLEInternational Studies2021References: 1

    India and the European Union (EU) are strategic partners with strong trade ties. Similarly, India has historical ties with the UK. Within the EU, the UK used to be an important export market and investment destination for India. There is also a large Indian diaspora in the UK. The article looks at the post-Brexit impact on India’s economic and political ties with the EU. It also evaluates evolving India–UK ties in a post-Brexit scenario

  • Amrita Narlikar and Aruna Narlikar, Bargaining with a Rising India

    Open AccessPrabhat Patnaik, Pooja AroraARTICLEInternational Studies2021

  • Economic Multilateralism in Peril

    Open AccessPrabhat Patnaik, Manmohan AgarwalARTICLEInternational Studies2021References: 6

    The Doha Round of multilateral negotiations is at a stalemate. The aid situation is changing as many countries are graduating from the soft loan arm of the World Bank Group. Developing countries built up their foreign exchange reserves to avoid borrowing from the International Monetary Fund (IMF), leading the IMF to retrench. This article explores the evolution of multilateralism from, essentially, its political roots to the economic area after t…

  • The Drain of Wealth

    Open AccessUtsa Patnaik, Prabhat PatnaikARTICLEMonthly Review2021Cited by: 1

    The Western European powers appropriated economic surplus from their colonies, materially and substantially aiding their own industrial transition from the eighteenth century onward, as well as the diffusion of capitalism to the regions of new European settlement. In the case of India, the concept of drain is based on the fact that a substantial part of its earnings was never permitted to accrue to the country; it was instead appropriated by the …