Capitalism, Inequality, and Delhi's Transformation

Tuesday, June 24, 2014

Dome and minaret of Jama Masjid Mosque in Delhi, India Dome and minaret of Jama Masjid Mosque in Delhi, India (Copyright: NOWAK LUKASZ/Shutterstock)

The boom following the opening up of India’s economy pulled Delhi into the chaos of destruction and creation: slums and markets were torn down to make way for shopping malls and apartment blocks. The transformation was abrupt and unequal, and it sparked both ambition and rage in Delhi. Rana Dasgupta examines the expansion of the global elite and the extraordinary transmogrification of India’s capital, His book Capital: The Eruption of Delhi is an intimate portrait of the city of Delhi and offers a glimpse of what capitalism will become in the coming, post-Western world.


Rana Dasgupta

Comments [1]

tom from astoria

As an American who grew up with the family story of early 20th century factory jobs and related industries lifted us from worker and poverty to home owner and college educated middle-class, I am daily aware of how much we have given away to India, China, Brazil… We need those jobs! On the other hand, the drastic changes this global economy brings are ugly all around :tearing apart family structure, ecology, traditional culture and architecture ..

Jun. 24 2014 12:38 PM

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