The Billionaire Raj: A Journey Via India’s New Gilded Age
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India is the world’s largest democracy, with a couple of billion individuals and an economic system increasing sooner than China’s. However the rewards of this development have been removed from evenly shared, and the nation’s high 1% now personal almost 60% of its wealth. In megacities like Mumbai, the place half the inhabitants dwell in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of America’s Gilded Age, funneling income from large conglomerates into existence of conspicuous consumption.
James Crabtree’s
The Billionaire Raj takes readers on a private journey to fulfill these reclusive billionaires, fugitive tycoons, and shadowy political energy brokers. From the sky terrace of the world’s most costly dwelling to impoverished villages and mass political rallies, Crabtree dramatizes the battle between crony capitalists and financial reformers, revealing a tense battle between equality and privilege taking part in out in opposition to a flamable backdrop of aspiration, class, and caste.
The Billionaire Raj is a vivid account of a divided society on the cusp of transformation—and a battle that may form not simply India’s future, however the world’s.
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