As I have demonstrated, deindustrialization was a deliberate British policy, not an accident. British industry flourished and Indian industry did not because of systematic destruction abetted by tariffs and regulatory measures that stacked the decks in favour of British industry conquering the Indian market, rather than the other way around. The economic exploitation of India was integral to the colonial enterprise. And the vast sums of Indian revenues and loot flowing to England, even if they were somewhat less than the billions of pounds Digby estimated, provided the capital for British
...more
