Capital: Read an excerpt from the award-winning book by Rana Dasgupta
The British author wrote about a rapidly transforming Delhi, during his 17 years there, in the early Aughts. Snapshots from a time of upheaval and expectation.
The Delhi artists and intellectuals among whom I now found myself spoke at a pitch I have never encountered in another place or, indeed, in the same place since that period. Certainly, they were people of striking brilliance and originality, but the furious energy of their debates came also from the city outside. The old was dying, the new was in preparation, and we were living in the in-between, when nothing was resolved, everything was potential. Everyone was trying to absorb, to imagine, what the city – and their own lives – might become. They lived with empty stomachs, filling themselves on books and conversation – for forms of thought that are deemed formal and remote in stable times become intimate and necessary when all boundaries are lifted away. People need philosophy because they are at a loss for how to understand the upheaval that is themselves. They need more than they already have, more ideas, more words, more language – and they throw themselves into discourse, not caring if they don’t sleep.

Some of this energy was exquisitely local. The city was changing in startling ways and there was a sense that life in this place would become marvellous: that it would be liberated from the constraints of the past, and many unknown fruits would sprout in its ground. Another literary newcomer to the city wrote a poem entitled, ‘In the Early Days of the Delhi Metro’,1 a title which captured both the epochal feel of those years and also the considerable idealism aroused by the new subway system, whose first line opened shortly after my arrival in the city. Not only did the hi-tech trains and stations seem to inaugurate a new era of high-quality public infrastructure, implemented – Yes, India can do it too! – without any of the incompetence or corruption normally associated with such projects, but its effortless glide under the city, bypassing the competitive ruckus of the Delhi roads and sweeping easily through rich and poor areas alike, seemed to herald a new kind of mobility – social and economic too – for this town so enamoured, traditionally, of boundaries and hierarchies.
But the anticipation of those years had a much larger scope than the city itself. It sprang from a universal sense: What will happen here will change the entire world.
The people I met were cosmopolitans, and they were delighted to see walls coming down around India. They disdained nationalism and loved the new riches that reached them via the internet. But true to their own scepticism – and to the history of anti-imperial thought in this part of the world – they were also critical of the economic and social bases of Western societies – and the last thing they wanted from this moment of India’s opening-up was that a similar society be established here. Much of their intellectual inspiration came from Western capitalism’s internal critics: from American free software theorists, from the squatter movement in the Netherlands, from artists in Britain who challenged corporate food and property cultures, from Harvard and Oxford legal scholars who imagined alternative possibilities for the ownership of seeds, images and ideas. These areas of inquiry could not have been more relevant to post-liberalisation India, where the big question, precisely, was ownership. There were so many areas of Indian life in which fundamental resources – certain kinds of land, knowledge and culture, for instance – had always been kept free of ownership, but as India signed up to international trade agreements, things tended towards the privatisation of these previously ‘common’ goods. Among my Delhi peers, there was a sense that corporate culture, which advertised itself as a recipe for plenty, would herald a new kind of scarcity if it were not fundamentally adapted for this place.
(Excerpted with permission from Capital: A Portrait of Twenty-First Century Delhi by Rana Dasgupta, published by HarperCollins; 2014)