Download or read book Stages of Capital written by Ritu Birla and published by Duke University Press. This book was released on 2009-01-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Stages of Capital, Ritu Birla brings research on nonwestern capitalisms into conversation with postcolonial studies to illuminate the historical roots of India’s market society. Between 1870 and 1930, the British regime in India implemented a barrage of commercial and contract laws directed at the “free” circulation of capital, including measures regulating companies, income tax, charitable gifting, and pension funds, and procedures distinguishing gambling from speculation and futures trading. Birla argues that this understudied legal infrastructure institutionalized a new object of sovereign management, the market, and along with it, a colonial concept of the public. In jurisprudence, case law, and statutes, colonial market governance enforced an abstract vision of modern society as a public of exchanging, contracting actors free from the anachronistic constraints of indigenous culture. Birla reveals how the categories of public and private infiltrated colonial commercial law, establishing distinct worlds for economic and cultural practice. This bifurcation was especially apparent in legal dilemmas concerning indigenous or “vernacular” capitalists, crucial engines of credit and production that operated through networks of extended kinship. Focusing on the story of the Marwaris, a powerful business group renowned as a key sector of India’s capitalist class, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. Birla’s innovative attention to the negotiations between vernacular and colonial systems of valuation illustrates how kinship-based commercial groups asserted their legitimacy by challenging and inhabiting the public/private mapping. Highlighting the cultural politics of market governance, Stages of Capital is an unprecedented history of colonial commercial law, its legal fictions, and the formation of the modern economic subject in India.
Download or read book Rulers and Capital in Historical Perspective written by Abhishek Chatterjee and published by Temple University Press. This book was released on 2017-09 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rulers and Capital in Historical Perspective explains why modern banking and credit systems emerged in the nineteenth century only in certain countries that then subsequently industrialized and became developed. Tracing the contemporaneous cases of India and the United States over time, Abhishek Chatterjee identifies the factors that were crucial to the development and regulation of a modern banking and credit system in the United States during the first third of the nineteenth century. He contrasts this situation with India’s, where the state never formally incorporated a sophisticated private credit system, and thus relegated it to the sphere of the informal economy. Chatterjee identifies certain features in both societies, often—though not always—associated with colonialism, that tended to restrict the formation of modern institutionalized money and credit markets. Rulers and Capital in Historical Perspective demonstrates thatnotwithstanding the many other differences between the North American colonies (prior to independence), and India, the same facets of their relationships with Great Britain prevented the emergence of a modern banking system in the two respective societies.
Download or read book State and Capital in Post Colonial India written by Chirashree Das Gupta and published by Cambridge University Press. This book was released on 2016-11-02 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""Discusses the specific relationship between state and capital in forging the dynamic role of institutions of the state and market that form the basis of capital accumulation in economies undergoing transition"--Provided by publisher"--
Download or read book A Business History of India written by Tirthankar Roy and published by Cambridge University Press. This book was released on 2018-04-05 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.
Download or read book Tea War written by Andrew B. Liu and published by Yale University Press. This book was released on 2020-04-14 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Download or read book Capital Interrupted written by Vinay K. Gidwani and published by U of Minnesota Press. This book was released on with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central Gujarat region of western India is home to the entrepreneurial landowning Patel caste who have leveraged their rural dominance to become a powerful global diaspora of merchants, industrialists, and professionals. Investigating the Patels’ intriguing ascent, Vinay Gidwani analyzes its broad implications for the nature of labor and capital worldwide. With the Patels as his central case, Gidwani interrogates established concepts of value, development, and the relationship between capital and history. Capitalism, he argues, is not a frame of economic organization based on the smooth, consistent operation of a series of laws, but rather an assemblage of contingent and interrupted logics stitched together into the appearance of a deus ex machina. Following this line of thinking, Gidwani points to ways in which political economy might be freed of its lingering Eurocentrism, raises questions about the adequacy of postcolonial studies’ critique of Marx and capitalism, and opens the possibility of situating capitalism as a geographically uneven social formation in which different normative or value-creating practices are imperfectly sutured together in ways that can equally impair and enable profit and accumulation. Both theoretically astute and empirically informed, Capital, Interrupted unsettles encrusted understandings of staple concepts within the human sciences such as hegemony, governmentality, caste, and agency and, ultimately, does nothing less than rethink the very constitution of capitalism. Vinay Gidwani is associate professor of geography and global studies at the University of Minnesota.
Download or read book Delhi Reborn written by Rotem Geva and published by Stanford University Press. This book was released on 2022-08-16 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delhi, one of the world's largest cities, has faced momentous challenges—mass migration, competing governing authorities, controversies over citizenship, and communal violence. To understand the contemporary plight of India's capital city, this book revisits one of the most dramatic episodes in its history, telling the story of how the city was remade by the twin events of partition and independence. Treating decolonization as a process that unfolded from the late 1930s into the mid-1950, Rotem Geva traces how India and Pakistan became increasingly territorialized in the imagination and practice of the city's residents, how violence and displacement were central to this process, and how tensions over belonging and citizenship lingered in the city and the nation. She also chronicles the struggle, after 1947, between the urge to democratize political life in the new republic and the authoritarian legacy of colonial rule, augmented by the imperative to maintain law and order in the face of the partition crisis. Drawing on a wide range of sources, Geva reveals the period from the late 1930s to the mid-1950s as a twilight time, combining features of imperial framework and independent republic. Geva places this liminality within the broader global context of the dissolution of multiethnic and multireligious empires into nation-states and argues for an understanding of state formation as a contest between various lines of power, charting the links between different levels of political struggle and mobilization during the churning early years of independence in Delhi.
Download or read book Fraternal Capital written by Sharad Chari and published by Stanford University Press. This book was released on 2004 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: A richly textured ethnography about knitwear manufacturers in South India that explains how peasant-workers have refined notions of place, gender, and class to create a local industrial form that succeeds in the global economy.
Download or read book Capital Markets of India written by Alan R. Kanuk and published by John Wiley & Sons. This book was released on 2011-07-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital Markets in India: An Investor's Guide aims to provide the first comprehensive book on investing in the India markets. India is right now at the forefront of globalization. The book's focus is on the equity market, but it also addresses derivatives, fixed income, and foreign direct investments. Chapter topics include facts about the Indian economy; the Foreign Institutional Investor (FII) regulations, registration process, and applications; detail about the market regulation and the regulator; the very important market safeguards built into the Indian market systems; and lists of companies ranked by various criteria such as capitalization, turnover, industry, and earnings. The book even supplies investors and traders with contact information for many of the key institutions and market players. Readers will not only gain basic information about how the markets in India work, but also the contacts and facts to help them with their own investing plan.
Download or read book Capital and Imperialism written by Utsa Patnaik and published by Monthly Review Press. This book was released on 2021-03-02 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive survey of capitalism's colonialist roots and uncertain future Those who control the world’s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book—winner of the Paul A. Baran-Paul M. Sweezy Memorial Award—radical political economists Utsa Patnaik and Prabhat Patnaik argue that the accumulation of capital has always required the taking of land, raw materials, and bodies from noncapitalist modes of production. They begin with a thorough debunking of mainstream economics. Then, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to today’s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must metastasize itself in the practice of imperialism and the immiseration of countless people. A few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for new products in burgeoning cities in the West. But even after slavery was generally abolished, millions of people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even after the Second World War, when decolonization led to the end of the so-called “Golden Age of Capitalism,” neoliberal economies stepped in to reclaim the Global South, imposing drastic “austerity” measures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to bubble, is doomed to a protracted crisis. In its demise, we are beginning to see—finally—the transcendence of the capitalist system.
Download or read book Tata written by Mircea Raianu and published by Harvard University Press. This book was released on 2021-07-06 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: An eye-opening portrait of global capitalism spanning 150 years, told through the history of the Tata corporation. Nearly a century old, the grand faade of Bombay House is hard to miss in the historic business district of Mumbai. This is the iconic global headquarters of the Tata Group, a multinational corporation that produces everything from salt to software. After getting their start in the cotton and opium trades, the Tatas, a Parsi family from Navsari, Gujarat, ascended to commanding heights in the Indian economy by the time of independence in 1947. Over the course of its 150-year history Tata spun textiles, forged steel, generated hydroelectric power, and took to the skies. It also faced challenges from restive workers fighting for their rights and political leaders who sought to curb its power. In this sweeping history, Mircea Raianu tracks the fortunes of a family-run business that was born during the high noon of the British Empire and went on to capture the worldÕs attention with the headline-making acquisition of luxury car manufacturer Jaguar Land Rover. The growth of Tata was a complex process shaped by world historical forces: the eclipse of imperial free trade, the intertwined rise of nationalism and the developmental state, and finally the return of globalization and market liberalization. Today Tata is the leading light of one of the worldÕs major economies, selling steel, chemicals, food, financial services, and nearly everything else, while operating philanthropic institutions that channel expert knowledge in fields such as engineering and medicine. Based on painstaking research in the companyÕs archive, Tata elucidates how a titan of industry was created and what lessons its story may hold for the future of global capitalism.
Download or read book Capital written by Rana Dasgupta and published by Harper Collins. This book was released on 2014-05-13 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Ryszard Kapuściński Award and the Prix Émile Guimet de Littérature Asiatique Finalist for the Orwell Prize, the Royal Society of Literature Ondaatje Prize and the Prix du Meilleur Livre Étranger At the turn of the twenty-first century, acclaimed novelist Rana Dasgupta arrived in Delhi with a single suitcase. He had no intention of staying for long. But the city beguiled him—he “fell in love and in hate with it”—and fourteen years later, Delhi is still his home. Fourteen years of breakneck change. The boom following the opening up of India's economy plunged Delhi into a tumult of destruction and creation: slums and markets were ripped down, and shopping malls and apartment blocks erupted from the ruins. Many fortunes were made, and in the glassy stores lining the new highways, customers paid for global luxury with bags of cash. But the transformation was stern, abrupt and fantastically unequal, and it gave rise to strange and bewildering feelings. The city brimmed with ambition and rage. Bizarre crimes stole the headlines. In Capital, we see Delhi through the eyes of its people. With the lyricism and empathy of a novelist, Dasgupta takes us through a series of encounters—with billionaires and bureaucrats, drug dealers and metal traders, slum dwellers and psychoanalysts—which plunge us into Delhi's intoxicating, and sometimes terrifying, story of capitalist transformation. Interweaving over a century of history with his personal journey, he presents us with the first literary portrait of one of the twenty-first century's fastest-growing megalopolises—a dark and uncanny portrait that gives us insights, too, as to the nature of our own—everyone's—shared, global future.
Download or read book The Republic of India written by Alan Gledhill and published by . This book was released on 2013 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Time Space and Capital in India written by Atreyee Majumder and published by Routledge. This book was released on 2020-06-30 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is fundamentally concerned with the relations among the theoretical categories of time, space and capital in India and shows registers of temporality and spatiality generated by historical phases of interaction with industrial capital.
Download or read book Capital and Labour Redefined written by Amiya Kumar Bagchi and published by Anthem Press. This book was released on 2002 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a historical background to the formation of the Indian capitalist class from before British colonial rule in India. It analyses the nature of that class, the ways in which it changed under colonial rule, and the state of independent India; it also sets some of the peculiarities of capitalist organization in India and the ideology of big capital in their historical context. The evolution of the working class in India is analysed in its dialectical interaction with global capital and Indian capitalism. The author challenges the view that the tensions within working class movements caused by caste, communal divisions or gender discrimination are to be attributed to primordial loyalties, emphasizing instead the influence of the deliberate strategies adopted by capitalists and of changes in the structure of global and Indian capitalism. Finally, the book investigates the impact of capital-friendly liberalization on the fortunes of the working class in the Third World.
Download or read book Capital in the Twenty First Century written by Thomas Piketty and published by Harvard University Press. This book was released on 2017-08-14 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Download or read book Capital and Ideology written by Thomas Piketty and published by Harvard University Press. This book was released on 2020-03-10 with total page 1105 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Bestseller An NPR Best Book of the Year The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system. Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system. Our economy, Piketty observes, is not a natural fact. Markets, profits, and capital are all historical constructs that depend on choices. Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, serfdom, colonialism, communism, and hypercapitalism, shaping the lives of billions. He concludes that the great driver of human progress over the centuries has been the struggle for equality and education and not, as often argued, the assertion of property rights or the pursuit of stability. The new era of extreme inequality that has derailed that progress since the 1980s, he shows, is partly a reaction against communism, but it is also the fruit of ignorance, intellectual specialization, and our drift toward the dead-end politics of identity. Once we understand this, we can begin to envision a more balanced approach to economics and politics. Piketty argues for a new “participatory” socialism, a system founded on an ideology of equality, social property, education, and the sharing of knowledge and power. Capital and Ideology is destined to be one of the indispensable books of our time, a work that will not only help us understand the world, but that will change it.
