Rethinking Markets in Modern India - Embedded Exchange and Contested Jurisdiction

Using historical and ethnographic analyses, this book shows how Indian markets are embedded in society and politically contested.

List of contents

1. Markets in Modern India: Embedded, Contested, Pliable Sebastian Schwecke and Ajay Gandhi; 2. Banking in the Bazaar: The Nattukottai Chettiars David Rudner; 3. Space in Motion: An Uneven Narrative of Urban Private Property in Bombay Nikhil Rao; 4. Magic of Business: Occult Forces in the Bazaar Economy Projit Bihari Mukharji; 5. Vernacular Capitalism, Advertising, and the Bazaar in Early Twentieth-century Western India Douglas E. Haynes; 6. The Artifice of Trust: Reputational and Procedural Registers of Trust in North Indian 'Informal' Finance Sebastian Schwecke; 7. Mandi Acts and Market Lore: Regulatory Life in India's Agricultural Markets Mekhala Krishnamurthy; 8. The Market and the Sovereign: Politics, Performance, and Impasses of Cross-LOC trade Aditi Saraf; 9. Brandism vs. Bazaarism: Mediating Divinity in Banaras Andy Rotman; 10. Fighting Specters and Fostering Relations: An Ethnography of Black Money in India Ajay Gandhi; 11. Market Making in Punjab Lotteries: Regulation and Mutual Dependence Matthew Hull; 12. Liquid Assets: Transactional Grammars of Alcohol in Jharkhand Roger Begrich; 13. Building on Sand? Criminal Markets and Politics in Tamil Nadu Barbara Harriss-White and J. Jeyaranjan; Index.

About the author

Ajay Gandhi is an Assistant Professor at Leiden University in the Netherlands.Barbara Harriss-White is Emeritus Professor and Fellow at Wolfson College, University of Oxford.Douglas E. Haynes is Professor of History at Dartmouth College, Hanover.Sebastian Schwecke is an Associate Professor at the Indian Institute of Management, Calcutta.

Summary

This book provides a valuable non-western perspective on global capitalism. Based on rich historical and ethnographic studies, it shows the actual workings of Indian markets. It demonstrates their dynamic and contested nature, offering a useful framework for understanding commercial exchange throughout the global south.

Additional text

'Markets are more than acts of buying and selling. Markets are also a cluster of relations and practices, some legal and some not. Gathering together a set of rich case-studies, Rethinking Markets offers unique insights into what these relations and practices were and how they shaped modern India.' Tirthankar Roy, London School of Economics

Product details

• Authors: Gandhi Barbara Harriss-White Ajay Gandhi, Ajay (Universiteit Leiden) Harriss-White Gandhi
• Assisted by: Ajay Gandhi (Editor), Barbara Harriss-White (Editor), Douglas E Haynes (Editor), Douglas E. Haynes (Editor), Haynes Douglas E. (Editor), Sebastian Schwecke (Editor), Schwecke Sebastian (Editor)
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 30.11.2020
• EAN: 9781108486781
• ISBN: 978-1-108-48678-1
• No. of pages: 300
• Subjects: Social sciences, law, business > Sociology > Sociological theories; Economics, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economic History, POLITICAL SCIENCE / Political Economy, SOCIAL SCIENCE / Anthropology / Cultural & Social, BUSINESS & ECONOMICS / Development / Economic Development, Social & cultural anthropology, ethnography, Economic history, Political Economy, Social and cultural anthropology, Development economics & emerging economies, Development economics and emerging economies