Traders Speculators & Captains Of Industry

raders, Speculators, and Captains of Industry: How Capitalist Legitimacy Shaped Foreign Investment Policy in India An incisive account of the moral beliefs that have guided foreign investment policy in India since the late colonial period, with an eye toward their implications for the twenty-first-century global economy. Is foreign capital an agent of economic growth in developing countries or a vehicle of extraction? Examining how Indian elites wrestled with this question in the late colonial and postcolonial periods, Jason Jackson argues that it reflects a false binary. Instead of simply choosing between domestic and foreign capital, Indian policymakers have long considered the business ethics