Rana Dasgupta - Capital - The Eruption of Delhi

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A portrait of Delhi and its new elites — and a story of global capitalism unbound. Commonwealth 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.
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. 
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.

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Haldar, Rimpa, 282

Hardinge, Lord, 166

health care

corporate hospitals and, 96–114

liberalisation and, 110–14

heirlooms, 48

Hindi, 175, 176, 313–14

Hinduism, 137, 334, 335, 381, 388–89

Hinduja brothers, 369

Hindus, 29–30, 155, 157, 184–85, 188–95, 201–2, 303–4, 334–38, 340

Hindustani, 174, 176

Hindustan Times , 202–3, 314

holocaust, 193–94, 445

hospitals, 96–114

housing for workers, lack of, 273–74

Howard, Ebenezer, 167

“How India Became America” (Kapur), 93

Hugo, Victor, 444

Iltutmish, Sultan, 4–5, 158

impermanence of infrastructure, 23–24

independence movement, 52

Independence speech, of Nehru, 58, 61

India

agriculture, post-liberalisation, 260–62

Americanization of, 93–96

anti-Sikh violence following Gandhi’s assassination, 334–38, 339–42

Bhindranwale-led uprising and Ghandi response, 332–34

British Indian Empire and, 186–87

business process outsourcing (BPO) and, 60–69

centrally planned economy of, 49–50, 53

constitution of, 52

countryside, problems of, 258–71

development indicators, 399

dysfunctional government in, 1960s, 313–14

Five-year Plans in, 53, 54–55

GDP growth in, slowing of, 399

Green Revolution in, 261, 317

IMF loan to, 56–57

under Indira Gandhi, 137–38, 290, 314–18, 328–34

isolationism of, in 1970s and 1980s, 55–56

liberalisation of 1991 and ( See liberalisation of 1991)

male vasectomy program in, 330–31

Maoist insurgency and Salwa Judum response, 260

national emergency declared by Gandhi in, 328–30

under Nehru, 50–55

nuclear test of, 317

Partition of 1947 and ( See Partition of 1947)

population growth in, 313

rural land appropriation in, 259–60

Singh’s economic reforms, 49–50, 57–59

wars fought by, 313, 316

Indian Institute of Management, 54

Indian Institute of Technology, 54

Indian National Congress, 51

Indo-US nuclear deal, 2008, 94–95

industrialisation, European in nineteenth century, 270

information technology (IT) firms, 62

Infosys, 62, 94

International Monetary Fund (IMF), 56, 58, 315

Interview , 89

“In the Early Days of the Delhi Metro” (poem), 40

Islam, 191, 194

Israel, 194

Jagger, Bianca, 42

Jahanara (fictitious name), 240, 241, 244–45, 248–51

Janata Party, 332

Jaswant (fictitious name), 338–43

Jindal, Savitri, 143

Jinnah, Mohammed Ali, 187–88

Kalinin, Mikhail, 52

Kapoor, Rahul (fictitious name), 212–13

Kapoor, Raj, 177

Kapur, Akash, 93

Karachi, 188

Khan, Allauddin, 29–30

Khosla, Vinod, 93

Khusrau, Amir, 158

Kipling, Rudyard, 138

Koda, Madhu, 305, 306

Koh-i-Noor diamond, 151

Koli, Surender, 281–85

Krish (fictitious name), 375–78

Krishna, 199–200, 440–41

Kumar, Amit, 280

Kumar, Dilip, 177

Kumbh Mela, 440

labor force, 268–77

Lady Gaga, 89

Lakshmi (goddess), 380

Lal, Jessica, 204

Land Acquisition Act of 1894, 259, 275

land appropriation, 259–60

land mafias, 259

languages, 173–77

English, 173–74, 314

Hindi, 175, 176, 313–14

Hindustani, 174, 176

Punjabi, 174, 176

Urdu, 153, 156, 159–60, 160, 174, 176–77

legal system, 158–59

liberalisation of 1991, 36–37

farmers, impact on, 261

health care before and after, compared, 110–114

new Indian oligarchy generated by, 344–45

privatization of basic resources after, 345

Singh’s announcement of, 49–50

warrior ethos and, 212

workers’ bargaining power, assault by industrialists on, 266

Liberation Tigers of Talem Eelam, 344

Lutyens, Edwin, 167

Mahabharata , 150, 192, 440

Mahalanobis, Prasanta Chandra, 53

male vasectomy program, 330–31

Malhotra, Jagmohan, 330

malls, 95, 117–18

mangoes, 287–88

Mao Tse-tung, 445

marriage, 118–20

arranged, 118–19

matchmakers and online agencies, 119–20

of Sukhvinder (fictitious name), 116–32

wives and mother-in-laws, conflicts between, 136–38

Maruti Motors, Ltd., 362

Maruti Suzuki, 10

Marx, Karl, 258

matchmakers, 119

Mayawati, 347–49

Meenakshi (fictitious name), 237–57

Meenu (fictitious name), 319–28

metals business, 295–98

middle classes, 77–148, 397–420

Anurag (fictitious name) interview, 407–20

bohemian culture and ideals of young people of, 39–43, 81–84

business process outsourcing (BPO), opportunities provided by, 72–74

centralised authority, relation to, 436

corporate culture, impact of, 77–81

discontent of, 115–16, 398–407

elite control of society and, 399–407

families, stresses on, 115–33

global capitalism, spiritual impacts of, 95–96

health care system and, 96–114

moods of, from 1990s to 2012, 397–407

plight of poor and, 272, 273

pre-globalism community life, 37–40

servants, relation to, 262–65

women’s evolving role, post-liberalisation, 134–48

migration, as movement in time, 48

Mir Taqi Mir, 153, 442

Mishra, Anupam, 422–33, 441–43, 446–48

Mittal, Lakshmi, 143, 369

Mohammad, Prophet, 4–5

money, 221

mother-in-laws, conflicts between wives and, 136–38

Mountbatten, Lord, 50

Mughals, 150–51

Mulgaonkar, S., 314

multiculturalism, 41

Mumbai, 16, 17

Muslims, 29, 155, 157–63, 184–85, 188–95

Nadir Shah, 151

Nanak, Guru, 334

Naoroji, Dadabhai, 51

Narayan, Jayaprakash, 329

national emergency, 328–30

Nehru, Jawaharlal, 50–55, 58, 59, 98, 313, 317

economic programs of, 52–55

educational background of, 50

Independence speech of, 58, 61

visit to USSR of, 51–52

Nehru Place, 362

networking, 327

New Delhi, 150, 165–74

architecture of, 167–68

British decision to build, 165–67

building contractors as new aristocracy of, 168–72

New York, 41, 434–37

New York Times , 58–59, 93

9/11 terrorist attacks, 41

Nithari murders, 277–86

Nizamuddin Auliya, 157–58

Noida, 273, 277

Nuclear Non-Proliferation Treaty, 94

Oberoi, Colonel (fictitious name), 179–85

Okhla, 273

oligarchy. See elites/aristocracy

online marriage agencies, 119–20

organ stealing, 279–81

ownership, of resources, 41

Paco Rabanne, 86

Pakistan, 186–88, 313, 316

Pandher, Moninder Singh, 278–85

Paris, 435

Partition of 1947, 3, 29–30, 186–208, 335, 445

Colonel Oberoi (fictitious name) interviews, 181–82, 184–85

emasculation of men and, 200–206

refugees, 192–95

violence accompanying, 189–91, 194

women, abduction and return of, 200–202

Peacock throne, 151

politics/politicians, 305–6, 345–53

business-politician partnerships, 347–53

personal wealth of, 346–47

privatization and, 345–46

poor and working classes, 236–86

agricultural economics and, 260–62, 271

average annual salary of, 258

bargaining power of, lack of, 266–67

in Bhalswa Colony, 236–52

centralised authority, relation to, 436

as cheap labour source, 262–68

as construction workers, 265–66, 276

as factory workers, 265–66, 271

housing, lack of, 273–74

Nithari murders and, 277–86

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