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Societies for the History of Economics

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Subject:
From:
Gabriel Sabbagh <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Wed, 13 Nov 2019 12:22:16 +0100
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I was greatly impressed by this highly original vindication of Western colonization:'The EIC may have looted India but economic historian Tirthankar Roy (2012, p. 215) explains that: “Much of the money that Clive and his henchmen looted from India came from the treasury of the nawab. The Indian princes, ‘walking jeweler’s shops’ as an American merchant called them, spent more money on pearls and diamonds than on infrastructural developments or welfare measures for the poor. If the Company transferred taxpayers’ money from the pockets of an Indian nobleman to its own pockets, the transfer might have bankrupted pearl merchants and reduced the number of people in the harem, but would make little difference to the ordinary Indian.''
Congratulations to Tirthankar Roy (and to the reviewer for quoting these lines). The British should immediately reoccupy South Africa. Why is not Donald Trump invading Mexico 
to make sure that the Mexican wealth of a few tycoons and drug traffickers is spent on infrastructure and welfare? Blair and George W. Bush Jr. are admirably vindicated.  

Gabriel Sabbagh

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