Capital The Eruption of Delhi

ISBN-10: 1594204470
ISBN-13: 9781594204470
Edition: 2014
Authors: Rana Dasgupta
List price: $28.95 Buy it from $15.32
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Description: A portrait of Delhi and its new elites—and a story of global capitalism unboundCommonwealth Prize–winning author Rana Dasgupta examines one of the most important trends of our time: the growth of the global elite. Since the economic liberalization  More...

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Book details

List price: $28.95
Copyright year: 2014
Publisher: Penguin Publishing Group
Publication date: 5/15/2014
Binding: Hardcover
Pages: 480
Size: 5.25" wide x 9.00" long x 1.50" tall
Weight: 1.804
Language: English

A portrait of Delhi and its new elites—and a story of global capitalism unboundCommonwealth Prize–winning author Rana Dasgupta examines one of the most important trends of our time: the growth of the global elite. Since the economic liberalization of 1991, wealth has poured into India, and especially into Delhi. Capital bears witness to the extraordinary transmogrification of India’s capital city, charting its emergence from a rural backwater to the center of the new Indian middle class. No other city on earth better embodies the breakneck, radically disruptive nature of the global economy’s growth over the past twenty years.India has not become a new America, though. It more closely resembles post–Soviet Russia with its culture of tremendous excess and undercurrents of gangsterism. But more than anything else, India’s capital, Delhi, is an avatar for capitalism unbound. Capital is an intimate portrait of this very distinct place as well as a parable for where we are all headed.In the style of V. S. Naipaul’s now classic personal journeys, Dasgupta travels through Delhi to meet with extraordinary characters who mostly hail from what Indians call the new Indian middle class, but they are the elites, by any measure. We first meet Rakesh, a young man from a north Indian merchant family whose business has increased in value by billions of dollars in recent years. As Dasgupta interviews him by his mammoth glass home perched beside pools built for a Delhi sultan centuries before, the nightly party of the new Indian middle class begins. To return home, Dasgupta must cross the city, where crowds of Delhi’s workers, migrants from the countryside, sleep on pavements. The contrast is astonishing. In a series of extraordinary meetings that reveals the attitudes, lives, hopes, and dreams of this new class, Dasgupta meets with a fashion designer, a tech entrepreneur, a young CEO, a woman who has devoted her life to helping Delhi’s forgotten poor—and many others. Together they comprise a generation on the cusp, like that of fin-de-siècle Paris, and who they are says a tremendous amount about what the world will look like in the twenty-first century.

RANA DASGUPTA won the 2010 Commonwealth Writers' Prize for Best Book for his debut novel Solo. He is also the author of a collection of urban folktales, Tokyo Cancelled, which was shortlisted for the 2005 John Llewellyn Rhys Prize. Capital is his first work of non-fiction. Born in Canterbury, England, in 1971, he now lives in Delhi.

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