BREAKPOINT : The Crisis of the Middle Class and the Future of Work
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BREAKPOINT : The Crisis of the Middle Class and the Future of Work
$8.23
Sale price
$8.23
Regular price
$8.23
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Description
IndiaS Middle Class 40 Million IncomeTax Filers Earning Between 5,00,000 And 1,00,00,000 Annually Has Reached A Critical Inflection Point. The ConsumptionDriven Growth Model That Powered IndiaS Post1991 Economic Rise Is Collapsing Under The Weight Of Three Simultaneous Shocks: Technological Disruption Eliminating WhiteCollar Employment Faster Than New Jobs Emerge, Wage Stagnation Eroding Purchasing Power As Inflation For Several Essential Products And Services Ramps At Double Digits, And Explosive Household Debt Levels Now Exceeding Those Of The Us And China.Graduate Unemployment Stands At 29 Per Cent Nine Times Higher Than For Illiterates. IndiaS It Sector Is Shedding Hundreds Of Thousands Of Jobs As Ai Reshapes Work. Real Wages Have Flatlined While Nine Million Indians Have Lost Over $35 Billion In Speculative Trading. Fmcg Volume Growth Has Collapsed From 10 Per Cent To 3 Per Cent. With Consumption Accounting For 60 Per Cent Of Gdp, IndiaS Growth Story Is At Risk.Drawing On Extensive Data, This Book From The Acclaimed Author Of Coffee Can Investing Reveals How India Reached This Breaking Point And Charts The Path Forward. Amidst The Crisis Lies An Entrepreneurial Revolution, Aided By Policy Changes And Changing Social Attitudes, That Could Reshape The Indian Economy. The MiddleClass Mutiny Has Begun. Will It End In Collapse Or Transformation?
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Condition is graded and described accurately. Some books may contain
previous owner's markings, highlights, or inscriptions. This product
may contain chemicals known to the State of California to cause cancer
or reproductive harm. For more information visit
www.P65Warnings.ca.gov
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