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The Billionaire Raj: A Journey Through India’s New Gilded Age
Asian Affairs Pub Date : 2020-03-14 , DOI: 10.1080/03068374.2020.1747869
Aejaz Ahmad Wani

James Crabtree’s new book is an attempt to make sense of the staggering rise of billionaires in India. Post-liberalization India’s economic success has been accompanied by huge inequalities and the concentration of wealth in a tiny group of billionaires, which the author labels ‘the Billionaire Raj.’ This group controls much of India’s national wealth, uses its resources, establishes cronyism, influences its policies, and enjoys the bounties that the economic restructuring in the country has brought about. While the Indian state exhibits itself as weak in the face of these developments, the gap between rich and poor keeps widening with serious implications.

中文翻译:

亿万富翁拉吉:印度新镀金时代之旅

James Crabtree 的新书试图理解印度亿万富翁的惊人崛起。后自由化印度的经济成功伴随着巨大的不平等和财富集中在一小群亿万富翁身上,作者将其称为“亿万富翁拉吉”。这个群体控制着印度的大部分国家财富,使用其资源,建立裙带关系,影响其政策,并享受该国经济结构调整带来的好处。尽管印度政府在这些事态发展面前表现出自己的软弱,但贫富差距不断扩大,产生了严重的影响。
更新日期:2020-03-14
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