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Capitalism: A Ghost Story, by Arundhati Roy
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In Capitalism: A Ghost Story, best-selling writer Arundhati Roy examines the dark side of Indian democracy--a nation of 1.2 billion, where the country's 100 richest people own assets worth one quarter of India's gross domestic product. Ferocious and clear-sighted, this is a searing portrait of a nation haunted by ghosts: the hundreds of thousands of farmers who have committed suicide to escape punishing debt; the hundreds of millions who live on less than two dollars a day. It is the story of how the largest democracy in the world, with over 800 million voting in the last election, answers to the demands of globalized capitalism, subjecting millions of people to inequality and exploitation. Roy shows how the mega-corporations, modern robber barons plundering India's natural resources, use brute force, as well as a wide range of NGOs and foundations, to sway government and policy making in India.
- Sales Rank: #2536412 in Books
- Published on: 2015-08-21
- Original language: English
- Number of items: 1
- Dimensions: 5.59" h x .47" w x 8.27" l, .39 pounds
- Binding: Paperback
- 144 pages
From Booklist
Courageous and clarion Roy (Walking with the Comrades, 2011) continues her analysis and documentation of the disastrous consequences of unchecked global capitalism. She investigates India’s “Gush Up” capitalism and how it is reinforcing a caste system that benefits the elite while wreaking cruel havoc on the greater population and the country’s invaluable natural resources. Roy reports on collusion between New Delhi and multinational corporations that results in the corruption and dysfunction of local governments and brutal initiatives, disguised as security measures, in which people are forced off their land to make way for highways, airports, dams, mines, and factories. While violence is used against the poor, the middle class is covertly coerced by way of what Roy calls the “exquisite art of Corporate Philanthropy.” She cites eye-opening examples of how the support by well-established international foundations of admirable cultural projects and NGOs also insidiously engenders privatization and the infiltration of grass-roots movements against corporate pillaging. As Roy observes, “The algebra of infinite injustice works in mysterious ways.” Precise and revelatory, Roy gives us an awful lot to think about. --Donna Seaman
Review
"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) "Powerful, passionate and often personal (she records her own hounding by "the mob" over her comments about Kashmir), this work is timely and hugely important in its targets: it's hard to think of bigger dangers, or more harmful effects, than from faceless, unaccountable conglomerates." Independent
About the Author
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.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Non-Profit Industrial Complex (oxymoron)
By Carl
Non-Profit Industrial Complex (oxymoron)
Capitalism: A Ghost Story by Arundhati Roy.
Chapter 1 isn’t about India; it’s about the entire world and corporate philanthropy.
“Corporate Philanthropy”, two conflicting words.
Don’t Read the whole book. Just read pages 21 to 46.
Chapters 2 thru 6 are kind of depressing. They’re about India’s poverty and how capitalism is making it worse. What’s new?
I bought this book because of Chapter 1. It is the heart and soul, and almost half (41%) of the book. This chapter reveals the deceptive nature of Corporate Charity, the Non Profit Industrial Complex (NPIC) and Non Government Organizations (NGOs). It shows the role they play in suppressing dissension or misdirecting grass roots movements. Not just in India, but, the entire planet. Arundhati explains how it is possible for the entire population to remain complacent (apathetic) while the atrocities in chapters 2 thru 6 take place.
MOST corporate charities do MORE HARM THAN GOOD.
Roy names specific corporations and their links to specific Grass Roots organizations. She discusses Bretton Woods, the IMF, the World Bank, the CFR, RAND, the CIA, the Ford & Rockefeller Foundations, Nelson Mandela & the ANC, Steve Biko, MLK, The Black Panthers, Bill Gates, Oprah, Memorandums Of Understanding (MOU) and much more; all within these 40 pages. I have not read a book this concise and understandable, since “Green Eggs and Ham” (minus the repetition).
To get an idea of what Chapter 1 is about, below is a statement by Malcolm X (not in the book). He’s referring to MLK and his Nobel Peace Prize.
"He got the peace prize, we got the problem.... If I'm following a general, and he's leading me into a battle, and the enemy tends to give him rewards, or awards, I get suspicious of him. Especially if he gets a peace award before the war is over." Malcolm X
Ask yourself why Malcolm never got a peace prize?
And, why is there no Malcolm X Day?
I recommend Chapter 1 of this book to anyone seeking the truth as to how the world works. It will help them bypass a lot of useless, misleading, disinformation.
This book has 128 pages: 31 pages of index & footnotes, 57 pages for chapter 2 thru 6, 40 pages for chapter 1.
Since this book is concise, I also recommend that you supplement it with the following:
Bill Blum’s “Rogue State” & “Killing Hope”.
Noam Chomsky’s “Understanding Power”.
Lance Selfa’s “The Democrats: A Critical History”.
MLK speech “Beyond Vietnam (1967,04,04)”.
Malcolm X speech “Message to the Grass Roots (1963,11,10)”.
Or the following DVD’s & You Tube Videos:
Margaret Flowers (Flowers, Hochfeld & Huntington - Talking Healthcare, Jan. 29, 2011).….
The Corporation- Manufacturing Consent….
“Baraka - Dead Can Dance - The Host Of Seraphim [HD - 1080p]"…
John Pilger….. Vandana Shiva…
Zmagazine.org
___________________________________________
I saw Roy in a video with Howard Zinn (A People’s History). This led me to a video of her reading Chapter One of this book. That video was posted on You Tube by Non Profit - “Wrong kind of Green”. It can also be found at “OutlookIndia” and of course at “Haymarket Books”.
0 of 0 people found the following review helpful.
Loved It
By Roxypockets
I felt like it lacked some hard, cited facts but then again, if I'm remembering correctly, a lot of it was based on her own experiences. Regardless, it was extremely informative and I annotated the shenanigans out of it in order to really understand it. I only read the main essay as it was for a class, and I've forgotten a lot of it but the main themes and ideas always stay with me and it's made me a more aware person. I'm no activist but I really wish politicians and CEO's would read this.
3 of 3 people found the following review helpful.
A good read and an important perspective from a highly respected author.
By Mark R. Hamlin
I have really enjoyed reading this book and have learned many poignant facts and been given some valuable perspectives to thing about.
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