Latest / The Rise of Colonialism: How Europe Divided the World — Fexingo History
How the British Raj Taxed India into Poverty
This episode examines the economic mechanisms of the British Raj, focusing on the Drain Theory articulated by Dadabhai Naoroji and the devastating impact of the Bengal Famine of 1770. We explore how the East India Company shifted from trade to territorial control, utilizing the revenue system to extract wealth while ignoring local agricultural needs. The narrative details the role of Robert Clive in establishing colonial authority after the Battle of Plassey and the subsequent administrative policies that prioritized London’s markets over Indian subsistence. By analyzing tax records and…
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