Only B. R. Shenoy from India told his audience that corporate tax evasion was a real problem and not just a fantasy of socialist propaganda. His chapter arguably comes closest to Schumpeter’s interest in business history. Shenoy offered insight into the historical impact of the caste system and the institutional restrictions on entrepreneurship for members of castes that did not belong to the designated commercial class (Vaishya).

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 967