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This book provides a historical background to the formation of the Indian capitalist class from before British colonial rule in India. It analyses the nature of that class, the ways in which it changed under colonial rule, and the state of independent India; it also sets some of the peculiarities of capitalist organization in India and the ideology of big capital in their historical context.
Acknowledgement; Capital and Labour at the Dawn of the Twenty-first Century; The Economics of Business and the Business of Economics; Merchants and Colonialism; Reflections on the Nature of the Indian Bourgeoisie; Colonialism and the Nature of 'Capitalist' Enterprise in India; The Ambiguity of Progress: Indian Society in Transition; Wealtha nd Work in Calcutta: 1860-1921; Working-Class Consciousness; Dualism and Dialectics in the Historiography of Labour; Neo-liberal Economic Reforms and Workers of the Thrid World: At the End of the Second Millennium of the Christian Era; Predatory Commercialization and Communalism in India; Multiculturalism, Governance and the Indian Bourgeoisie; Index