Download or read book Cultural Stability and Economic Stagnation written by Deepak Lal and published by Oxford University Press, USA. This book was released on 1988 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the evolution of Indian society, its economy and its politics from about 1500 B.C. to the present. Examines impediments which have prevented the achievement of economic potential. Considers the functioning of the labour market, arguing that there is no surplus labour.