ABSTRACT

The purpose of this book is to provide an alternative understanding of how capitalism functions at the global level by specifically analyzing the international movement of technical professionals between India and Japan. These professionals are from STEM fields or fall within the OECD’s HRST definition. Building on the movement of skilled professionals, the objective is to narrowly investigate the India–Japan interaction in the IT industry to demonstrate how the changing structures of accumulation prompt institutional responses to accommodate global capitalist imperatives. By itself this is not a novel task and intuitively the outcome seems mundane. 1 However, once we see the evidence of a small but visible Indian IT professional community in Japan in the context of longstanding Japanese institutional inertia and subsequent adjustments, they point to a “turnaround.” These adjustments also indicate that the international movement of technical professionals to complement capital to produce economic output is a higher-order form of capital accumulation since labor mobility has been far more regulated than capital. Under this changing global economic order, even Japan, known for its insularity, is expected to adjust.