Monday, September 19, 2022

Did Britain Stole $45 Trillion From India

 https://www.aljazeera.com/opinions/2018/12/19/how-britain-stole-45-trillion-from-india

response: https://quadrant.org.au/magazine/2021/09/british-india-and-the-45-trillion-lie/

deserves further looking in to.

https://www.businesstoday.in/latest/economy-politics/story/this-economist-says-britain-took-away-usd-45-trillion-from-india-in-173-years-111689-2018-11-19

https://en.wikipedia.org/wiki/Late_Victorian_Holocausts

https://www.lehigh.edu/~amsp/2006/06/getting-into-it-with-niall.html

"The British fundamentally changed patterns of land and resource ownership. Furthermore, they changed the taxation system in a way that imposed onerous burdens on the average farmer. This change of taxation is remarked upon by Adam Smith in his wealth of nations. Previously, taxes by most kings was in proportion of earnings. The British imposed absolute tax requirements, and given the nature of agriculture, this meant that the tax burden could often not be met."


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