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Economic exploitation from "summary" of The Anarchy by William Dalrymple
Economic exploitation was the lifeblood of the East India Company. Through a combination of coercion, violence, and deceit, the Company extracted vast wealth from the Indian subcontinent. This exploitation was not a side effect of the Company's activities, but rather its primary purpose. The Company's directors and shareholders were not interested in fostering economic growth or development in India. Their sole concern was maximizing profits, regardless of the human cost. The Company's exploitation of India took many forms. One of the most egregious was the imposition of unfair trade practices. By manipulating markets and exploiting local producers, the Company was able to extract huge profits at the expense of Indian merchants and artisans. The Company also levied exorbitant taxes and tariffs on Indian goods, further draining the wealth of the subcontinent. In addition to economic exploitation, the Company also engaged in political and social exploitation. By cultivating relationships with corrupt and venal Indian rulers, the ...
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