Asian Mode Of Production
The theory of the Asiatic mode of production (AMP) was devised by Karl Marx around the early 1850s. The essence of the theory has been described as " hesuggestion ... that Asiatic societies were held in thrall by a despotic ruling clique, residing in central cities and directly expropriating surplus from largely autarkic and generally undifferentiated village communities". In his articles on India written between 1852 and 1858, Marx outlined some of the basic characteristics of the AMP that prevailed in India. In these articles he indicated the absence of private ownership of land (self-sustaining units or communes), the unity between agriculture and manufacturing (handloom, spinning wheel), the absence of strong commodity production and exchange, and the stabilising role of Indian society and culture against invasions, conquests, and famines. The theory continues to arouse heated discussion among contemporary Marxists and non-Marxists alike. Some have rejected the whole concep ...
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Karl Marx
Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 pamphlet '' The Communist Manifesto'' and the four-volume (1867–1883). Marx's political and philosophical thought had enormous influence on subsequent intellectual, economic, and political history. His name has been used as a