The Indian capitalist class and imperialism before 1947
The Indian capitalist class and imperialism before 1947 ..
India is beginning to realize its potential economically as it encourages capitalism throughout the country. The infrastructure is limited by the human capital available to take jobs offered by the companies poised to hire qualified candidates as corporations globally look to India for offshore needs (call center and telemarketing, etc.). Between India and China, they both account for the world’s population at almost 40% all tolled. The realizes the potential of capitalistic growth as it struggles to overcome an outdated caste system. India has a problem with its distribution of income and access to free markets, since many of its residents are poor and have no way out of poverty. Most residents of India are Hindus, and although they either worship Shiva or Vishnu, ranking humans in inherited socioeconomic classes. For this reason, a person is either born rich or born poor and has no way to reverse that status going forward. With the idea that much of its population is considered “untouchable,” dalit or unclean, it should be difficult for the country as a whole to prosper. But in fact, the rich get richer despite these internal issues. In the early part of the century, the caste system hampered India’s development, but today, lower castes are demanding to be reclassified and given full paying jobs which allow them to qualify for benefits, privileges and the chance at a higher quality life which was not possible in years past. Although many Indian residents are still illiterate (though ), they are realizing that it is possible to pull themselves out of poverty by any means possible. At the upper levels of education, India excels and produces very highly qualified graduates who go on to study and work in other countries around the world.
Politics & International Relations;
Dr Markovits's study falls into three parts: an analysis of the structure of the business class, revealing its basic heterogeneity and lack of political unity; an examination of the impact of the Depression of the 1930s on the fortunes of Indian businessmen and on government economic policy; and a survey of the uneasy and changing relationship between businessmen and Congress at a time of political turmoil and realignment.