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<p><b>New page</b></p><div>{{short description|Indian economist (born 1945)}}<br />
{{use dmy dates|date=October 2018}}<br />
{{use Indian English|date=October 2018}}<br />
{{Infobox economist<br />
| image = Prabhath patnaik 2017.jpg<br />
| caption = Prabhat Patnaik in [[Kozhikode]], February, 201<br />
| birth_date = {{birth date and age|1945|09|19}} <br />
| birth_place = <br />
| nationality = [[Indian people|Indian]]<br />
| website = <br />
| institution =[[Jawaharlal Nehru University]]<br>[[University of Cambridge]]<br />
| field = <br />
|spouse=[[Utsa Patnaik]]<br />
}}<br />
<br />
'''Prabhat Patnaik''' is an Indian [[Marxist economist]]<ref>{{Cite web|last=Press|first=Filed: Imperialism New|date=2021-06-18|title=Monthly Review {{!}} Renowned Marxist Economist Prabhat Patnaik: Capitalism cannot exist without imperialism (Watch: Break Through News)|url=https://monthlyreview.org/press/renowned-marxist-economist-prabhat-patnaik-capitalism-cannot-exist-without-imperialism-watch-break-through-news/|access-date=2021-08-09|website=Monthly Review|language=en-US}}</ref> and political commentator.<ref>{{Cite web|title=Kerala should focus on domestic job generation: Prabhat Patnaik|url=https://www.thehindubusinessline.com/news/national/kerala-should-focus-on-domestic-job-generation-prabhat-patnaik/article35288075.ece|access-date=2021-08-09|website=@businessline|language=en}}</ref><ref>{{Cite web|last=Patnaik|first=Prabhat|date=2021-07-13|title=Why Neoliberalism Needs Neofascists|url=http://bostonreview.net/class-inequality-politics/prabhat-patnaik-why-neoliberalism-needs-neofascists|access-date=2021-08-09|website=Boston Review|language=en}}</ref> He taught at the Centre for Economic Studies and Planning in the School of Social Sciences at [[Jawaharlal Nehru University, Delhi|Jawaharlal Nehru University]] in [[New Delhi]], from 1974 until his retirement in 2010.<ref>{{Cite web|title=Economist examines the post-poll scenario in West Bengal|url=https://www.telegraphindia.com/india/big-difference-between-bjp-and-tmc-patnaik/cid/1821248|access-date=2021-08-09|website=www.telegraphindia.com}}</ref> He was the vice-chairman of [[Kerala State Planning Board]] from June 2006 to May 2011.<ref name="Planning Board VC">{{cite web|url=http://keralaplanningboard.org/|title=Home Page of the Kerala State Planning Board|archive-url=https://web.archive.org/web/20090125095717/http://keralaplanningboard.org/|archive-date=25 January 2009|url-status=bot: unknown|accessdate=18 February 2017|df=dmy-all}}</ref><br />
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==Early life and education==<br />
Prabhat Patnaik was born on 19 September 1945 in [[Jatani|Jatni]], [[Odisha]]. His father was the communist leader and MLA, [[Prananath Patnaik]]. Prabhat, after his early schooling in his hometown, studied at the [[Daly College]], [[Indore]] on a Government of India Merit Scholarship. He passed his B.A. with Economics Honours from the [[St. Stephen's College, Delhi]], ranking first in the first class. Afterwards, He went to [[University of Oxford]] in 1966 on a [[Rhodes Scholarship]] and studied at [[Balliol College]] and later at [[Nuffield College]]. He obtained his [[Bachelor of Philosophy]] and his [[Doctor of Philosophy]] degrees from Oxford.{{citation needed|date=October 2018}}<br />
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==Career==<br />
Patnaik joined the Faculty of Economics and Politics{{clarify|reason=really? no such faculty in my time there - do we mean Social & Political Sciences?|date=October 2018}} of the [[Cambridge University|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, Delhi|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.{{citation needed|date=October 2018}}<br />
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His specialization is [[macroeconomics]] and [[political economy]], areas in which he has written a number of books and articles. Some of his books includes ''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).<ref name="Re-envisioning Socialism">{{cite web | url=http://tulikabooks.wordpress.com/catalogue-2/recent-titles/politics/re-envisioning-socialism/ | title=Publishers' note on ''Re-envisioning Socialism'' |accessdate=26 March 2011}}</ref> He is the editor of the journal ''[[Social Scientist]]''.<ref name="Social Scientist Editor">{{cite web | url=https://dsal.uchicago.edu/books/socialscientist/ | title='''''Social Scientist''''' Home page at The Digital South Asia Library | accessdate=29 January 2009}}</ref><br />
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He is married to a Marxist economist Professor [[Utsa Patnaik]]. He served as the vice-chairman of the [[Kerala State Planning Board]] from June 2006 to May 2011. He 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 [[Belgians|Belgian]] sociologist [[Francois Houtart]] and [[Ecuador]]'s Minister for Economic Policy [[Pedro Paez]].<ref name="Patnaik">{{cite web | url=http://www.hindu.com/2008/10/24/stories/2008102455641300.htm | archive-url=https://web.archive.org/web/20081028011619/http://www.hindu.com/2008/10/24/stories/2008102455641300.htm | url-status=dead | archive-date=28 October 2008 | title=Prabhat Patnaik in U.N. task force | date=24 October 2008 | work=[[The Hindu]] | accessdate=29 October 2008}}</ref><br />
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==Views==<br />
Prabhat Patnaik is a staunch [[critic]] of both [[neoliberal]] economic policies and [[Hindutva]], and is known as a social scientist of [[Marxist–Leninist]] persuasion.<ref name="P.Patnaik-Marxist-Leninist">{{cite web | url=http://pd.cpim.org/2006/1112/11122006_prabhat.htm | title=The Centrality of Leninism | date=12 November 2006 | publisher=People's Democracy | accessdate=16 February 2012 | archive-url=https://web.archive.org/web/20090619123617/http://pd.cpim.org/2006/1112/11122006_prabhat.htm | archive-date=19 June 2009 | url-status=dead }}</ref><ref>{{cite web|url=https://www.thehindu.com/opinion/lead/decoding-the-corporate-hindutva-alliance/article29577507.ece|title=Decoding the corporate-Hindutva alliance|date=3 October 2019|work=The Hindu|accessdate=31 March 2021}}</ref> 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 Indian State.<ref>Lessons from the Indian Experienceby Prabhat Patnaik [http://mrzine.monthlyreview.org/2011/patnaik290811.html]</ref><br />
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==Honours, awards and international recognition==<br />
In 2012, Prabhat was awarded honorary [[Doctor of Science]] in Economics from [[SOAS, University of London|School of Oriental and African Studies]] at [[University of London]]. He also delivered the prestigious [[Baidyanath Misra|Prof. Baidyanath Misra Endowment Lecture]] of the Orissa Economics Association, in 2012.<ref>http://www.orissaea.in/Special_Lecture_Series.html</ref><br />
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==Books, research papers and journals==<br />
===Books===<br />
* ''Accumulation and Stability under Capitalism'' (1997) (Publisher: Oxford University Press; {{ISBN|9780198288053}})<br />
* ''A Theory of Imperialism'' (2016) (Publisher: Columbia University Press; {{ISBN|9780231542265}})<br />
* ''The Value of Money'' (2008) (Publisher: Columbia University Press; {{ISBN|9780231146760}})<br />
* ''Marx's Capital: An Introductory Reader Essays'' (2011) (Publisher: Leftword Books; {{ISBN|9789380118000}})<br />
* ''Lenin and Imperialism: An Appraisal of Theories and Contemporary Reality'' (1986) (Publisher: Stosius Inc/Advent Books Division; {{ISBN|9780861315024}})<br />
* ''Re-Envisioning Socialism'' (2011) (Publisher: [[Tulika Books]]; {{ISBN|9788189487966}})<br />
* ''Excursus in History: Essays on Some Ideas of Irfan Habib (Modern Indian Thinkers)'' (2011) (Publisher: Tulika Books; {{ISBN|9788189487720}})<br />
* ''Economics and Egalitarianism'' (1991) (Publisher: Oxford University Press; {{ISBN|9780195624960}})<br />
* ''Accumulation and Stability under Capitalism'' (1997) (Publisher: Clarendon Press; {{ISBN|9780198288053}})<br />
* ''Retreat to Unfreedom: Essays on the Emerging World Order'' (2003) (Publisher: Tulika Publishers; {{ISBN|9788185229690}})<br />
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====Others====<br />
* ''Economic Challenges for the Contemporary World: Essays in Honour of Prabhat Patnaik'' (2016) (Publisher: SAGE Publications Pvt. Ltd; {{ISBN|9789351508786}})<br />
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==References==<br />
{{reflist|1}}<br />
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==External links==<br />
{{commons category|Prabhat Patnaik}}<br />
{{wikiquote}}<br />
* [https://web.archive.org/web/20061004200158/http://www.jnu.ac.in/FacultyStaff/ShowProfile.asp?SendUserName=prabhat Home page at JNU]<br />
* [https://archive.org/details/BadriSeshadriTheStateunderneo-liberalism_alecturebyDr.PrabhatPatnaik/ Audio of Prabhat Patnaik on "The State under neo-liberalism" 30 October 2006]<br />
* [http://www.dkv.columbia.edu/demo/video/hc_stiglitz_021307.html Video of Joseph Stiglitz and Prabhat Patnaik discussing "An Emergent India: Prospects and Problems" 13 Feb 2007]<br />
* [https://archive.org/details/BadriSeshadriDr.PrabhatPatnaikonTheGlobalEconomicCrisis/ Audio of Prabhat Patnaik's lecture on "The Global Economic Crisis" 2 December 2008]<br />
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{{DEFAULTSORT:Patnaik, Prabhat}}<br />
[[Category:1945 births]]<br />
[[Category:Living people]]<br />
[[Category:Alumni of Balliol College, Oxford]]<br />
[[Category:Alumni of Nuffield College, Oxford]]<br />
[[Category:Alumni of the University of Oxford]]<br />
[[Category:Indian academics]]<br />
[[Category:20th-century Indian economists]]<br />
[[Category:Indian Marxists]]<br />
[[Category:Marxian economists]]<br />
[[Category:St. Stephen's College, Delhi alumni]]<br />
[[Category:Fellows of Clare College, Cambridge]]<br />
[[Category:Academics of the University of Cambridge]]<br />
[[Category:Jawaharlal Nehru University faculty]]<br />
[[Category:Indian Rhodes Scholars]]<br />
[[Category:Indian Marxist writers]]<br />
[[Category:Indian political writers]]<br />
[[Category:Indian male writers]]<br />
[[Category:Scientists from Odisha]]<br />
[[Category:People from Khordha district]]<br />
[[Category:21st-century Indian economists]]<br />
[[Category:21st-century Indian non-fiction writers]]<br />
[[Category:20th-century Indian non-fiction writers]]<br />
[[Category:Writers from Odisha]]</div>->Dragoniez