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The Billionaire Raj: A Journey Through India's New Gilded Age
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James Crabtree
The Billionaire Raj: A Journey Through India's New Gilded Age by James Crabtree at Abbey's Bookshop,

The Billionaire Raj: A Journey Through India's New Gilded Age

James Crabtree


One World

Social & cultural history;
Political economy


384 pages

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Can one of the most divided nations on the planet become its next superpower? James Crabtree reveals the titans of politics and industry shaping India in a period of breakneck change - from controversial prime minister Narendra Modi, victor in the largest election in history, to the leading lights of the country's burgeoning billionaire class.

While `King of the Good Times' Vijay Mallya languishes in exile in Britain, other major `Bollygarchs' prosper at home despite a series of scandals. Issuing jewel-encrusted invitations to their children's weddings, these tycoons exert huge power in both business and politics.

But India's explosive economic rise has driven inequality to new extremes. Millions remain trapped in slums and corruption is endemic. Reformers fight to wrest the nation from these dark forces, leaving its fate poised between that of a prosperous democratic giant and a saffron-tinged version of Russia.

By:   James Crabtree
Imprint:   One World
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 153mm,  Spine: 27mm
ISBN:   9781786075291
ISBN 10:   1786075296
Pages:   384
Publication Date:   September 2018
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

James Crabtree spent five years in India as Mumbai bureau chief for the Financial Times. He is now an associate professor of practice at the Lee Kuan Yew School of Public Policy in Singapore. He has written for Wired, Foreign Policy, and The Economist, among other publications. @jamescrabtree

`James Crabtree, once a hugely-admired star foreign correspondent, has transformed himself into a brilliant writer and analyst of the Indian super rich. This timely, fascinating and eye-opening book is also - a rarity for a book about money - wonderfully witty and beautifully written.' -- William Dalrymple `Crabtree's stylish writing and sharp insights bring to life the extremes of a country changing with bewildering rapidity, and one the world will find increasingly hard to ignore. The Billionaire Raj is an essential guide if you want to understand modern India, as you must.' -- Edward Luce, Chief US Commentator, <i>Financial Times</i>, and author of <i>In Spite of the Gods: The Rise of Modern India</i> `A lucid, detailed and at times epic account of the new India... A must-read for all those interested in the political and economic destiny of the subcontinent.' -- Robert D. Kaplan, author of <i>Monsoon</i> and <i>The Return of Marco Polo's World</i> `A fascinating look into the world of the Indian business elite...shedding considerable light on whether the country will sustain the miracle that is the Indian democracy or go the way of populism and authoritarianism as so many others have.' -- Dani Rodrik, Professor of International Political Economy, Harvard University, and author of <i>The Globalization Paradox</i> `James Crabtree distinguished himself as the most insightful journalist writing for the Financial Times from India. It is not surprising therefore that he has now written a book that offers a splendid overview of the issues that have been raised concerning India's spectacular growth since the reforms began in 1991. It is bound to become a classic.' -- Jagdish Bhagwati, author of <i>In Defense of Globalization</i> `In this eye-opening rumination on wealth, power, and those who seek both...Crabtree brings a reporter's precision and flair to his story... An inside look into the corridors of power, this is an invaluable commentary on Indian democracy and the forces that threaten it.' * <i>Publishers Weekly</i>, starred review * `A wonderful book! It artfully weaves together lively stories of India's billionaires while retaining a balanced perspective on the the big picture of the rise of India. It is not easy to write contemporary history but Crabtree manages to get to the heart of the matter - the problem of India's state capacity and the need to reform the institutions of governance.' -- Gurcharan Das, author of <i>India Unbound</i> and <i>The Difficulty of Being Good</i> `Who are the Indian nouveau riche and what do they want? James Crabtree's The Billionaire Raj will prove the defining work on these questions. It is a must-read for anyone interested in wealth, inequality, India, or the evolution of capitalism.' -- Tyler Cowen, economist, blogger and author of <i>The Great Stagnation</i>

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