Landscapes of Accumulation
Real Estate and the Neoliberal Imagination in Contemporary India
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Landscapes of Accumulation
Real Estate and the Neoliberal Imagination in Contemporary India
Over the past few decades, India has experienced a sudden and spectacular urban transformation. Gleaming business complexes encroach on fields and villages. Giant condominium communities offer gated security, indoor gyms, and pristine pools. Spacious, air-conditioned malls have sprung up alongside open-air markets.
In Landscapes of Accumulation, Llerena Guiu Searle examines India’s booming developments and offers a nuanced ethnographic treatment of late capitalism. India’s land, she shows, is rapidly transforming from a site of agricultural and industrial production to an international financial resource. Drawing on intensive fieldwork with investors, developers, real estate agents, and others, Searle documents the new private sector partnerships and practices that are transforming India’s built environment, as well as widely shared stories of growth and development that themselves create self-fulfilling prophecies of success. As a result, India’s cities are becoming ever more inaccessible to the country’s poor. Landscapes of Accumulation will be a welcome contribution to the international study of neoliberalism, finance, and urban development and will be of particular interest to those studying rapid—and perhaps unsustainable—development across the Global South.
In Landscapes of Accumulation, Llerena Guiu Searle examines India’s booming developments and offers a nuanced ethnographic treatment of late capitalism. India’s land, she shows, is rapidly transforming from a site of agricultural and industrial production to an international financial resource. Drawing on intensive fieldwork with investors, developers, real estate agents, and others, Searle documents the new private sector partnerships and practices that are transforming India’s built environment, as well as widely shared stories of growth and development that themselves create self-fulfilling prophecies of success. As a result, India’s cities are becoming ever more inaccessible to the country’s poor. Landscapes of Accumulation will be a welcome contribution to the international study of neoliberalism, finance, and urban development and will be of particular interest to those studying rapid—and perhaps unsustainable—development across the Global South.
304 pages | 19 halftones, 2 line drawings, 7 tables | 6 x 9 | © 2016
South Asia Across the Disciplines
Anthropology: Cultural and Social Anthropology
Asian Studies: General Asian Studies, South Asia
Reviews
Table of Contents
Acknowledgments
Money Terms
Introduction: Building Stories
Chapter One: Routes of Accumulation
Part One: Speculating on Indian Futures
Chapter Two: The India Story
Chapter Three: Betting on the Future
Chapter Four: Constructing Consumer India
Part Two: Conflict and Commensuration
Chapter Five: Transparency and Control
Chapter Six: Developers’ Quest for Credibility and Capital
Chapter Seven: Quality Projects I: Constructing Authority
Chapter Eight: Quality Projects II: Transforming Practices
Conclusion: The “India Story” Revisited
Notes
References
Index
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