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Keywords:

  • Polanyi;
  • double movement;
  • new middle class

Abstract

Class relationships are amongst the fundamental drivers of development, and it is argued here that over the next 30 years a major influence on the pattern and path of development will be exerted by the rise of the ‘new middle classes’ of Asia. At the same time, in the context of the blocked transition of the present, it seems unlikely that those who are marginalised and excluded will be able adequately to organise resistance, much less change structures of power, but poverty will be managed through welfare interventions like India's National Rural Employment Guarantee Scheme. Copyright © 2009 John Wiley & Sons, Ltd.