By Rana Dasgupta

Capital is a compelling biography of a significantly very important megacity, and the consequences of surprising and all-consuming capitalist transformation.
At the flip of the twenty-first century acclaimed novelist Rana Dasgupta arrived within the Indian capital with a unmarried suitcase. He had no purpose of staying for lengthy. however the urban beguiled him - he fell in love and in hate with it - and, fourteen years later, Delhi has turn into his home.
Capital tells the tale of Delhi's trip from walled urban to international urban. it's a tale of utmost wealth and tool, of land grabs and a cityscape replaced virtually past reputation. every little thing that used to be gradual, intimate and idiosyncratic has develop into quickly, mammoth and primary; each point of existence has been affected - for the terrible, the center periods and the super-rich.
Through a sequence of attention-grabbing own encounters Dasgupta takes us contained in the intoxicating, occasionally terrifying transformation of India's fastest-growing megacity, delivering an incredible 'report from the worldwide future'.

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Organized labour and left wing parties also regularly contested the neoliberalization of EC competition regulation, pushing the Commission to take employment levels into account when judging upon the effects of a merger on competition, however, without success. The Commission’s decision to approve the merger between ABB and Alstom in 2000 is illustrative in this regard. When a fifth of the workforce in the newly created entity faced redundancy, 2000 French, German, Belgian and Italian workers marched ‘for a social Europe and against the Commission because they felt that they had no voice in its competition policy’ (Erne 2008: 128, 154).

In other words, restrained real wages and increased consumer debt have facilitated a distributive shift and a dominance of money over production that are now proving impossible to rationalize. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 18 Bastiaan van Apeldoorn and Henk Overbeek The second part of this volume addresses the question to what extent we may witness a shift beyond neoliberalism at the level of world order, taking into account important geoeconomic and geopolitical developments that have been coinciding with, and in some cases intensified by, the global financial and economic crisis.

This demonstrates that rather than being a politically neutral supranational body, the Commission is a ‘strategically selective’ (see Jessop 2007) institution that systematically privileges certain ideas, strategies and actors over others. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 38 Angela Wigger and Hubert Buch-Hansen and promoted crude notions of free markets and free competition since the 1980s, and it continues to play a central role in maintaining the hegemony of the neoliberal discourse.

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Capital: A Portrait of Twenty-First Century Delhi by Rana Dasgupta
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