Despite almost six decades of India's independence, dehumanising poverty afflicts a large section of Indian masses. Is economic liberalisation with continuous rolling back of the State the answer? This book, written by one of India's foremost theoretical economists, in a non technical manner argues forcefully that this would be the wrong track to follow. In the course of the argument, the author demolishes many conventional economic propositions which rule the academia, the policy makers, the media and the international institutions. The book demonstrates forcefully why a full employment society with dignity for all citizens is feasible in the near future. It is not at all a utopia.