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Mukherjee, Aditya. “Empire: How Colonial India Made Modern Britain.” Economic and Political Weekly 45, no. 50 (December 11, 2010): 10.
Also see the works of Prof. Utsa Patnaik, Roy,
"The Poverty of India" (Dadabhai Naoroji, 1878)
Bayly, C A. “State and Economy in India over Seven Hundred Years,” n.d., 15.
Dadabhai, Naoroji. “The Poverty of India.” The Poverty of India, 1878.
Habib, Irfan. “Studying a Colonial Economy without Perceiving Colonialism.” SOCIAL SCIENTIST, 2020, 26.
Jasanoff, Maya. “Misremembering the British Empire/Operation Legacy (Print Ed.).” New Yorker Magazine, November 2, 2020.
Mukerjee, Madhusree. Churchill’s Secret War: The British Empire and the Ravaging of India during World War II. New York: Basic Books, 2010.
Mukherjee, Aditya. “Empire: How Colonial India Made Modern Britain.” Economic and Political Weekly 45, no. 50 (December 11, 2010): 10.
Patnaik, Utsa. “Transfer of Tribute and the Balance of Payments in the CEHI.” Social Scientist 12, no. 12 (December 1984): 43.
Sen, Amartya. “Disputations: Imperial Illusions.” The New Republic, February 14, 2008.
My comment hasn't come through, so i will try again.
My point is that India's absolute wealth is not proved to have declined because its proportion of world wealth was less after some 200 years. The world economy had vastly increased by the growth of N. America, Australia, so India's 3% was a proportion of a much greater whole and therefore could have been greater absolutely in itself. In fact, a table of per capita GDP shows an increase of roughly 35% over the period, in constant values.
Also, it is fully possible that, without the British presence the proportion of world GDP would have declined even further.
The textile industry was hit, as was the English hand loom industry, by the invention of the spinning jenny, the power loom, etc., not by the British in India. These changes happen: in a field where I used to work, the ports industry, the container revolution cost 20,000 or more dock workers' jobs in London in a very short time, closed the ports of Bristol and Manchester, etc., and so on round the world.
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Mukherjee, Aditya. “Empire: How Colonial India Made Modern Britain.” Economic and Political Weekly 45, no. 50 (December 11, 2010): 10.Also see the works of Prof. Utsa Patnaik, Roy,
"The Poverty of India" (Dadabhai Naoroji, 1878)
Bayly, C A. “State and Economy in India over Seven Hundred Years,” n.d., 15.
Dadabhai, Naoroji. “The Poverty of India.” The Poverty of India, 1878.
Habib, Irfan. “Studying a Colonial Economy without Perceiving Colonialism.” SOCIAL SCIENTIST, 2020, 26.
Jasanoff, Maya. “Misremembering the British Empire/Operation Legacy (Print Ed.).” New Yorker Magazine, November 2, 2020.
Mukerjee, Madhusree. Churchill’s Secret War: The British Empire and the Ravaging of India during World War II. New York: Basic Books, 2010.
Mukherjee, Aditya. “Empire: How Colonial India Made Modern Britain.” Economic and Political Weekly 45, no. 50 (December 11, 2010): 10.
Patnaik, Utsa. “Transfer of Tribute and the Balance of Payments in the CEHI.” Social Scientist 12, no. 12 (December 1984): 43.
Sen, Amartya. “Disputations: Imperial Illusions.” The New Republic, February 14, 2008.
My comment hasn't come through, so i will try again.My point is that India's absolute wealth is not proved to have declined because its proportion of world wealth was less after some 200 years. The world economy had vastly increased by the growth of N. America, Australia, so India's 3% was a proportion of a much greater whole and therefore could have been greater absolutely in itself. In fact, a table of per capita GDP shows an increase of roughly 35% over the period, in constant values.
Also, it is fully possible that, without the British presence the proportion of world GDP would have declined even further.
The textile industry was hit, as was the English hand loom industry, by the invention of the spinning jenny, the power loom, etc., not by the British in India. These changes happen: in a field where I used to work, the ports industry, the container revolution cost 20,000 or more dock workers' jobs in London in a very short time, closed the ports of Bristol and Manchester, etc., and so on round the world.
"Though," "as far as ..." "This may be wrong..." factor 10, 20, 3%, 30%
No. The Br. Emp. in India did not enrich India. Through currency controls they had not paid for all the goods they exported from India for 200 years. Gold and pound sterling had to be deposited in London and the Rupee amount could be spent in India.
See Mukherjee, “Empire: How Colonial India Made Modern Britain.”