Tuesday , April 30 2024
Home / Mike Norman Economics / Gideon Polya — Britain Robbed India Of $45 Trillion & Thence 1.8 Billion Indians Died From Deprivation

Gideon Polya — Britain Robbed India Of $45 Trillion & Thence 1.8 Billion Indians Died From Deprivation

Summary:
Eminent Indian economist Professor Utsa Patnaik (Jawaharlal Nehru University) has estimated that Britain robbed India of trillion between 1765 and 1938, However it is estimated that if India had remained free with 24% of world GDP as in 1700 then its cumulative GDP would have been 2 trillion greater (1700-2003) and trillion greater (1700-1950). Deprivation kills and it is estimated that 1.8 billion Indians died avoidably from egregious deprivation under the British (1757-1947). The deadly impact of British occupation of India lingers today 71 years after Independence, with 4 million people dying avoidably from deprivation each year in capitalist India as compared to zero (0) in China.... To say nothing of many other colonies of the Empire, or the submission of

Topics:
Mike Norman considers the following as important: , , ,

This could be interesting, too:

Matias Vernengo writes Book Presentation “India from Latin America. Peripherisation, Statebuilding, and Demand-Led Growth” by Manuel Gonzalo

Chris Blattman writes Why are so many African and Asian nations ambivalent about Russia’s invasion? International identity politics

Chris Blattman writes Remembrances of an Indian development economist

Lekha Chakraborty writes An Accommodative Fiscal Stance Is Crucial for India

Eminent Indian economist Professor Utsa Patnaik (Jawaharlal Nehru University) has estimated that Britain robbed India of $45 trillion between 1765 and 1938, However it is estimated that if India had remained free with 24% of world GDP as in 1700 then its cumulative GDP would have been $232 trillion greater (1700-2003) and $44 trillion greater (1700-1950). Deprivation kills and it is estimated that 1.8 billion Indians died avoidably from egregious deprivation under the British (1757-1947). The deadly impact of British occupation of India lingers today 71 years after Independence, with 4 million people dying avoidably from deprivation each year in capitalist India as compared to zero (0) in China....
To say nothing of many other colonies of the Empire, or the submission of China.

CrossCurrents — Imperialism
Britain Robbed India Of $45 Trillion & Thence 1.8 Billion Indians Died From Deprivation

Gideon Polya
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *