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The New Capitalists: How Citizen Investors Are Reshaping the Corporate Agenda is a 2006 book by Stephen Davis, Jon Lukomnik and David Pitt-Watson. [1] It describes the increasing ownership of companies by collective investment schemes representing millions of savers. The millions of savers are called the "New Capitalists".
Economists criticized the plan on technical grounds; cf. [6] that it did not take into account the fact that creating capital had an inflationary effect, and with that, its authors had overestimated the capacity of the Indian economy to generate further capital. With rising prices, the purchasing power (for investments) would fall.
Thus, society must act to "save capitalism from the capitalists"—i.e. take appropriate steps to protect the free market from powerful private interests who would seek to impede the efficient function of free markets, entrench themselves, and thereby reduce the overall level of economic opportunity in society.
The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power is a 2019 non-fiction book by Shoshana Zuboff which looks at the development of digital companies like Google and Amazon, and suggests that their business models represent a new form of capitalist accumulation that she calls "surveillance capitalism".
India's foreign exchange reserves are built through foreign capital inflows instead of a current account surplus like in the case of Russia or China. Additionally, the central bank is forced to raise interest rates in order to arrest some of the capital outflows hence reducing domestic demand and accompanying economic effects.
The Billionaire Raj: A Journey Through India's New Gilded Age is a 2018 non-fiction book written by British author James Crabtree. The book is about wealth inequality in India, exploring Indian billionaires, the caste, and economic reform advocates. Crabtree is a journalist for Financial Times.
In 1932, Govindaswamy started his first ginning factory. His further industrial ventures included cotton ginning and spinning, weaving denim, manufacturing terry towels, casting, manufacture of waterpumps and entertainment with an asset base of Rs.2 billion and sales of Rs. 3 billion, of which more than 25% came from exports.
A new generation of scholars, who now work in India, the United Kingdom, Israel, Japan, the United States and Canada owes much of its achievements to his mentorship. As a participant in seminars at Cambridge, in international conferences, and in other forms of academic gatherings, he provided inspiration for scholars in fields far removed from ...