Capitalism - A Ghost Story
India is a nation of 1.2 billion, but the country's 100 richest people own assets equivalent to one-fourth of India's gross domestic product. The rest of the population are ghosts within a system beyond their control. This includes the millions that live on less than $2 a day; or the hundreds of thousands of farmers who commit suicide, unable to escape ruinous debts; where dalits are driven from their villages because the owners want to turn the land to agribusiness. These are examples of a 'gush up' economy that has corrupted contemporary India. Capitalism- A Ghost Story examines the dark side of democracy, and shows how the demands of globalized capitalism has subjugated billions of people to racism and exploitation. It is a ferocious attack on the mega corporations that treat India's natural resources like robber barons, and how they have been able to influence every part of the nation from the government to the army in the rush for profit. But, as Arundhati Roy passionately argues, capitalism is in crisis. The cracks are starting to show in its facade.
"The fierceness with which Arundhati Roy loves humanity moves my heart." Alice Walker "In her searing account, Roy asks whether our shriveled forms of democracy will be 'the endgame of the human race'-and shows vividly why this is a prospect not to be lightly dismissed." Noam Chomsky, in praise of Field Notes on Democracy "The scale of what Roy surveys is staggering. Her pointed indictment is devastating." New York Times Book Review (in praise of Power Politics) "An unflinching emotional as well as political intelligence. Her lucid and probing essays offer sharp insights on a range of matters, from crony capitalism and environmental depredation to the perils of nationalism." Pankaj Mishra, Time "Resists and denounces all tyrannies, pleads for their victims, and unflinchingly questions the tragedy." John Berger (in praise of Field Notes on Democracy)
ARUNDHATI ROY is the author of the Booker Prize-winning novel The God of Small Things. Her political writings include The Algebra of Infinite Justice, Listening to Grasshoppers and Broken Republic. She lives in New Delhi.