Building India Inc

摘要

WITH the Western way of doing things under siege, India's rise offers a dollop of reassurance to anyone who believes in the combination of democracy and capitalism. It is a superpower-in-waiting whose people vote, whose society is raucous, and whose firms are red-blooded and striding onto the world stage. The contrast with China's authoritarian capitalism is one that fans of laissez-faire find comforting. Some see an echo of America's freewheeling approach, with spicier food and worse roads. But that view is a delusion, as our special report explains. For while India's capitalism does have oodles of vim, it is writing its own rules, some better than others.