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September 27 - December 6, 2020
This was even better than the prophecies of Habakkuk, Jeremiah or St John. Today, Webster and Wallace’s fund, known simply as Scottish Widows, is one of the largest pension and insurance companies in the world. With assets worth £100 billion, it insures not only Scottish widows, but anyone willing to buy its policies.7
Scientists usually assume that no theory is 100 per cent correct. Consequently, truth is a poor test for knowledge. The real test is utility. A theory that enables us to do new things constitutes knowledge.
could we expect to do so? Many faiths believed that some day a messiah would appear and end all wars, famines and even death itself. But the notion that humankind could do so by discovering new knowledge and inventing new tools was worse than ludicrous – it was hubris.
Science can explain what exists in the world,
how things work, and what might be in the future. By definition, it has no pretensions to knowing what should be in the future. Only religions and ideologies seek to answer such questions.
The Scientific Revolution and modern imperialism were inseparable.
The early modern era was a golden age for the Ottoman Empire in the Mediterranean, the Safavid Empire in Persia, the Mughal Empire in India, and the Chinese Ming and Qing dynasties. They expanded their territories significantly and enjoyed unprecedented demographic and economic growth. In 1775 Asia accounted for 80 per cent of the world economy. The combined economies of India and China alone represented two-thirds of global production. In comparison, Europe was an economic dwarf.3
They lacked the values, myths, judicial apparatus and sociopolitical structures that took centuries to form and mature in the West and which could not be copied and internalised rapidly. France and the United States quickly followed in Britain’s footsteps because the French and Americans already shared the most important British myths and social structures. The Chinese and Persians could not catch up as quickly because they thought and organised their societies differently.
What potential did Europe develop in the early modern period that enabled it to dominate the late modern world? There are two complementary answers to this question: modern science and capitalism.
For 300 years, Europeans enjoyed undisputed mastery in America and Oceania, in the Atlantic and the Pacific. The only significant struggles in those regions were between different European powers. The wealth and resources accumulated by the Europeans eventually enabled them to invade Asia too, defeat its empires, and divide it among themselves. When the Ottomans, Persians, Indians and Chinese woke up and began paying attention, it was too late.
Only in the twentieth century did non-European cultures adopt a truly global vision. This was one of the crucial factors that led to the collapse of European hegemony. Thus in the Algerian War of Independence (1954–62), Algerian guerrillas defeated a French army with an overwhelming numerical, technological and economic advantage. The Algerians prevailed because they were supported by a global anti-colonial network, and because they worked out how to harness the world’s media to their cause – as well as public opinion in France itself. The defeat that little North Vietnam inflicted on the
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On 10 April 1802 the Great Survey of India was launched. It lasted sixty years. With the help of tens of thousands of native labourers, scholars and guides, the British carefully mapped the whole of India, marking borders, measuring distances, and even calculating for the first time the exact height of Mount Everest and the other Himalayan peaks. The British explored the military resources of Indian provinces and the location of their gold mines, but
they also took the trouble to collect information about rare Indian spiders, to catalogue colourful butterflies, to trace the ancient origins of extinct Indian languages, and to dig up forgotten ruins. Mohenjo-daro was one of the chief cities of the Indus Valley civilisation, which flourished in the third millennium BC and was destroyed around 1900 BC. None of India’s pre-British rulers – neither the Mauryas, nor the Guptas, nor the Delhi sultans, nor the great Mughals – had given the ruins a second glance. But a British archaeological survey took notice of the site in 1922. A British team
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Linguistics received enthusiastic imperial support. The European empires believed that in order to govern effectively they must know the languages and cultures of their subjects. British officers arriving in India were supposed to spend up to three years in a Calcutta college, where they studied Hindu and Muslim law alongside English law; Sanskrit, Urdu and Persian alongside Greek and Latin; and Tamil, Bengali and Hindustani culture alongside mathematics,
Thanks to the work of people like William Jones and Henry Rawlinson, the European conquerors knew their empires very well. Far better, indeed, than any previous conquerors, or even than the native population itself. Their superior knowledge had obvious practical advantages. Without such knowledge, it is unlikely that a ridiculously small number of Britons could have succeeded in governing, oppressing and exploiting so many hundreds of millions of Indians for two centuries. Throughout the nineteenth and early twentieth centuries, fewer than 5,000 British officials, about 40,000–70,000 British
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if we admit our ignorance and invest resources in research, things can improve.
The more profits he has, the more assistants he can employ. It follows that an increase in the profits of private entrepreneurs is the basis for the increase in collective wealth and prosperity.
‘The profits of production must be reinvested in increasing production.’
From the sixteenth to the nineteenth centuries, about 10 million African slaves were imported to America. About 70 per cent of them worked on the sugar plantations.
The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand.
Throughout the eighteenth century the yield on slave-trade investments was about 6 per cent a year – they were extremely profitable, as any modern consultant would be quick to admit.
8500 BC one could cry bitter tears over the Agricultural Revolution, but it was too late to give up agriculture. Similarly, we may not like capitalism, but we cannot live without it.
transport coal, why not other goods? And why not even people? On 15 September 1830, the first commercial railway line was opened, connecting Liverpool with Manchester. The
Each year the US population spends more money on diets than the amount needed to feed all the hungry people in the rest of the world.
The rich take great care managing their assets and investments, while the less well heeled go into debt buying cars and televisions they don’t really need.
Romantic literature often presents the individual as somebody caught in a struggle against the state and the market. Nothing could be further from the truth.
What if it turns out that the subjects of large empires are generally happier than the citizens of independent states and that, for example, Ghanaians were happier under British colonial rule than under their own homegrown dictators? What would that say about the process of decolonisation and the value of national self-determination?
But the most important finding of all is that happiness does not really depend on objective conditions of either wealth, health or even community. Rather, it depends on the correlation between objective conditions and subjective expectations. If you want a bullock-cart and get a bullock-cart, you are content. If you want a brand-new Ferrari and get only a second-hand Fiat you feel deprived.
Lasting happiness comes only from serotonin, dopamine and oxytocin.1
Rather, happiness consists in seeing one’s life in its entirety as meaningful and worthwhile.
Buddhism shares the basic insight of the biological approach to happiness, namely that happiness results from processes occurring within one’s body, and not from events in the outside world.
Rather, the real root of suffering is this never-ending and pointless pursuit of ephemeral feelings, which causes us to be in a constant state of tension, restlessness and dissatisfaction. Due to this pursuit, the mind is never satisfied.
Yet his more important and far more profound insight was that true happiness is also independent of our inner feelings.
They never realise that they are not their feelings, and that the relentless pursuit of particular feelings just traps them in misery.
At some stage organisms such as giraffes, dolphins, chimpanzees and Neanderthals evolved consciousness and the ability to plan ahead.

