1st Edition

The Sociology of Greed Runs and Ruins in Banking Crises

By Prasanta Ray Copyright 2018
216 Pages
by Routledge India

216 Pages
by Routledge India

216 Pages
by Routledge India

The Sociology of Greed  examines crises in financial institutions such as banks from the vantage point of the greed of the people at their helm. It offers an intensive analysis of the banking crises under the conditions of colonial capitalism in early twentieth-century Bengal that led to institutional and social collapse. Breaking new ground, the book looks at the moral economy... Read more

List of Tables. Acknowledgements. A Convolute. Introduction 1. The Institutional Crisis 2. Retrieving Trust: The Banks, the State and the Press 3. The Victims 4. The Losers’ Responses 5. Grasping Greed. Epilogue. Appendix 1 Banks in Calcutta, 1947. Appendix 2 Bank in Liquidation. Appendix 3 Archival Records. Index

Biography



Prasanta Ray is Professor Emeritus in Sociology, Presidency University, Kolkata, and Honorary Visiting Professor, Institute of Development Studies, Kolkata, India. He was Professor and Head, Department of Political Science, Presidency College; Professor-in-Charge, Department of Sociology, Presidency College; Guest Faculty member, Department of Sociology, Calcutta University; Member, Calcutta Research Group; and Member, Working Group on Under-Graduate Colleges in India, National Knowledge Commission, 2006. His books include Conflict and the State: An Exploration in the Behaviour of the Post-Colonial State in India (1991) and Pratyaha: Everyday Lifeworlds: Dilemmas, Contestations and Negotiations (co-edited with Nandini Ghosh, 2016).

‘[This book] illuminates not only our social and economic history but also the moral economy of underdeveloped capitalism . . . reminds one of Adam Smith and Marx on early capitalism.’

Sabyasachi Bhattacharya, former Professor of History at Jawaharlal Nehru University, former Chairman of the Indian Council of Historical Research, and former Vice-Chancellor, Visva-Bharati University, India