Capital Illusion

by Sajikumar

English 280 pages 1 edition

‘The Capital Market is a powerful tool, but it is a double-edged sword. For those who understand its nature, it offers growth. For the unprepared, it is a trap.’ We are taught the market rewards patience, discipline and hard work. Capital Illusion cuts through the familiar narrative to reveal a system shaped by unequal access, historical roots of colonial exploitation and the psychological traps that ensnare ordinary investors. In such a system, discipline alone is rarely enough to grow, and privilege often determines outcomes. Through vivid case studies, including the Harshad Mehta scam, Satyam scandal and the recent IPO manipulations, Sajikumar asks a simple question: ‘Who is the market actually rewarding?’ Tracing the market’s evolution from its origins to today’s high-speed trading ecosystem, the book uncovers how gains tend to concentrate in the hands of a smaller, better-positioned group. Clear-eyed and perceptive, Capital Illusion is a must-read for anyone who invests, trades or simply wants to understand how the market works.