Tuesday, May 14, 2024 Text is available under the CC BY-SA 3.0 licence.

Anthony Burgess

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The British arrived with no intention of conquest: the East India Company had set up trading posts on the western seaboard, and its officers were called on by the native sultans to help with the putting down of rapacious river barons. The parallel with India is exact, and Stamford Raffles is a perfect analogue of Robert Clive. First came trade, then the amateur protective army, finally the flag....

 
Anthony Burgess

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Corporations are properly associated with mercantilism, rather than capitalism. Mercantilism is a system under which government grants special status to one or more company at the expense of its competitors. The British East India Company, for example, possessed an exclusive, royally-granted 'right' to conduct trade between India and China, on the one hand, and the British Empire for more than 250 years.
Private capitalism, by contrast, is a system under which various enterprises compete in the marketplace by offering the highest quality goods and services they can, at the lowest possible prices. Progress occurs as individuals and companies strive to raise quality and lower prices.

 
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The British had the gall to call Robert Clive 'Clive of India' as if he belonged to the country, when all he really did was to ensure that much of the country belonged to him.

 
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The practice of creating chartered joint-stock companies of a modern type seems to have begun at the commencement of the seventeenth century; and the formation of the East India Company is one of the earliest, if not the very earliest, examples. At first, it appears, the 'joint stock' of the company was separately made up for each ship; perhaps for each voyage. But, in the year 1612 the Company made the momentous resolve to have one joint stock for the whole of its affairs, and thus inaugurated a new epoch. The East India Company, or Companies, (for there were two of them), were followed by the Hudson's Bay Company (1670), the existence of which was recognized by statute in 1707, and by the Bank of England and the notorious South Sea Company.

 
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Anyone would expect that Malthus, who taught the future servants of the East India Company, would draw, for his pessimistic evidence, on the huge, poor and prolific population of India. There is, however, only passing reference to Hindustan in his great Essay on The Principle of Population.

 
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If the deaf are to hear, the sound has to be very loud. When we dropped the bomb, it was not our intention to kill anybody. We have bombed the British Government. The British must quit India and make her free.

 
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