Synopses & Reviews
A portrait of Delhi and its new elitesand a story of global capitalism unbound
Commonwealth Prizewinning 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 Indias 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 economys growth over the past twenty years.
India has not become a new America, though. It more closely resembles postSoviet Russia with its culture of tremendous excess and undercurrents of gangsterism. But more than anything else, Indias 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. Naipauls 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 Delhis 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 Delhis forgotten poorand 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.
Review
Salman Rushdie: “Rana Dasgupta [is] the most unexpected and original Indian writer of his generation”
James Wood, The New Yorker:
“[Dasgupta is] graced with an ironic eye and a gift for sentences of lancing power and beauty.”
Review
William Dalrymple, author of City of Djinns “Capital is a beautifully written study of a corrupt, violent and traumatized city growing so fast it is almost unrecognizable to its own inhabitants. An astonishing tour de force by a major writer at the peak of his powers, it will do for Delhi what Suketu Mehta so memorably did for Bombay with Maximum City.”
Praise for Rana Dasgupta's Solo:
Salman Rushdie:
“Rana Dasgupta [is] the most unexpected and original Indian writer of his generation”
James Wood, The New Yorker:
“[Dasgupta is] graced with an ironic eye and a gift for sentences of lancing power and beauty.”
Review
Salman Rushdie: "Rana Dasgupta's Capital is a terrific portrait of Delhi right now and hits a lot of nails on the head."
The New Yorker:
“[An] unsparing portrait of moneyed Delhi, no telling detail seems to escape Dasguptas notice. His novelistic talents are matched by his skill at eliciting astonishing candor from his subjects. The best passages are incisive summaries of the human and environmental costs of the elites wealth and privilege and his persuasive predictions of crises yet to come. Dasgupta constantly seeks to upend conventional wisdom about Delhi, the murky circulation of its money, and the roots of its periodic outbursts of violence, making this one of the most worthwhile in a strong field of recent books about Indias free-market revolution and its unintended consequences.”
Ramachandra Guha, The New Republic:
“Dasgupta [uses] his profiles to reflect more broadly on the beauty and savagery of capitalism, its zest and drive, its haste and amorality…Capital is principally a book about the wealthy and the well-connected of Delhi. Yet there are some telling pages on the Anglophone middle class, and on the generational changes within it… The excerpts from interviews with businessmen and fixers…[are] revealing as well as chilling…[Dasguptas] analysis is often original and the writing always outstanding.”
Library Journal (starred):
“A grim picture of a city run by oligarchs and the ‘new black-money elite, where success depends on ‘influence, assets, and connections. This book is highly recommended for anyone looking for background information on Delhi…The authors account of the downside of the post-1991 free market economy and the pursuit of self-interest above all serves as a cautionary tale, doing for Delhi what Suketu Mehtas Maximum City accomplished for Mumbai.”
Kirkus Reviews:
“A sincere, troubling look at Indias wrenching social and cultural changes.”
The Guardian (UK):
“A vivid and haunting account…Dasguptas combination of reportage, political critique and oral history is mordant rather than dyspeptic, sorrowful rather than castigatory. But what makes it more than a local study, what makes it so haunting, is that its textured, tart accounts of the privatisation of public space, of the incestuous relationship between the political and business classes, of the precarity that renders daily life so fraught all apply as much to Britain and the west as they do to the Indian capital.”
The Times (UK):
“In his portrait of this hubris and its aftermath, Rana Dasgupta peels back the layers of denial with insight, humanity and, at times, exquisitely beautiful writing. He exposes some festering wounds but succeeds in fascinating rather than repelling… [Dasgupta] brings insights that flow from compassion and understanding along with access to the clique nexus of politics and money.”
The Observer (UK):
“Intense, lyrical, erudite, and powerful.”
Financial Times:
“[Dasgupta] mostly lets his subjects speak for themselves…The interviews at the core of the book are a cleverly tangential way to investigate a city that is among the worlds largest—about 22m people live in and around Delhi—and has been made a microcosm of India by the hundreds of thousands who arrive each year as migrants. As we read of Delhis frantic modernisation—from, among others, an outsourcing entrepreneur, a gay fashion designer, a property speculator, assorted tycoons and the victims of medical scams that extract cash from the relatives of the dying—we trace Dasguptas personal journey from excited arrival in 2000 to disillusionment.”
The Independent (UK):
“Capital sets a scholarly and sympathetic tone…[Dasguptas] subjects are as varied as the citys upper and lower classes, men and women, Hindus, Sikhs and Muslims; property magnates, money launderers, technology entrepreneurs and activists working to uplift Delhis slum areas…A remarkable and exhaustive account of a primordial free-zone whose assets are being stripped by the wealthy.”
The Telegraph (UK):
“Compelling, often terrifying…[Dasguptas] lyrical encounters with a wide range of modern Delhiites reveal a novelists ear and are beautifully sketched.”
The International New York Times:
“Lyrical and haunting.”
The Spectator:
“Capital is constructed around a series of mesmerising interviews . . . Among many lively episodes in Dasguptas appropriately large, sprawling and populous book is one describing the experience of driving in Delhi.”
South China Morning Post (Hong Kong):
“[Dasgupta] shows observational acuity worthy of Don DeLillo… [An] edgy, visionary masterpiece.”
William Dalrymple, author of City of Djinns:
“Capital is a beautifully written study of a corrupt, violent and traumatized city growing so fast it is almost unrecognizable to its own inhabitants. An astonishing tour de force by a major writer at the peak of his powers, it will do for Delhi what Suketu Mehta so memorably did for Bombay with Maximum City.”
Praise for Rana Dasgupta's Solo:
Salman Rushdie:
“Rana Dasgupta [is] the most unexpected and original Indian writer of his generation”
James Wood, The New Yorker:
“[Dasgupta is] graced with an ironic eye and a gift for sentences of lancing power and beauty.”
Synopsis
In
Capital, Commonwealth Prizewinning author Rana Dasgupta examines one of the great trends of our time: the expansion of the global elite.
Capital is an intimate portrait of the city of Delhi which bears witness to the extraordinary transmogrification of Indias capital. But it also offers a glimpse of what capitalism will become in the coming, post-Western world. The story of Delhi is a parable for where we are all headed.
The boom following the opening up of Indias 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 nestled among 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. Violent crimes stole the headlines.
In the style of V. S. Naipauls now classic personal journeys, Dasgupta shows us this city 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 Delhis intoxicating, and sometimes terrifying, story of capitalist transformation. Together these people comprise a generation on the cusp, like that of Gilded Age New York: who they are, and what they want, says a tremendous amount about what the world will look like in the rest of the twenty-first century.
Interweaving over a century of history with his personal journey, Dasgupta presents us with the first literary portrait of one of the twenty-first centurys fastest-growing megalopolises a dark and uncanny portrait that gives us insights, too, as to the nature of our own everyones shared, global future.
Synopsis
An extraordinary portrait of the fastest-growing city in the worldand the rise of a new global elite Since the opening up of Indias economy in 1991, wealth has poured into the country, and especially into Delhi. Capital bears witness to the astonishing metamorphosis of Indias capital city, charting its emergence from a rural backwater to the center of Indias new elites. No other place on earth better embodies the breakneck, radically disruptive nature of the global economys growth over the past twenty years. In a series of extraordinary meetings with a wide swath of the populationfrom Delhis forgotten poor to its rich tech entrepreneurs Commonwealth Writers Prize winner Rana Dasgupta presents an intimate portrait of the people living, suffering, and striving for more in this tumultuous city of extremes, as well as an uncanny glimpse of our shared global future.
About the Author
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 in 1971, he now lives in Delhi.