What a strange coincident. Was discussing about EIC this morning. It is sad that critical exploration of its operation is not encouraged. For most Indians, it is the company that came to trade and end up ruling them.
Yet how did it operate, monopolized trade, grow and maintain it's sepoy armies ? It took them more than a hundred years to establish control and another century passed till we had 1857 and almost another to gain independence. It's been 70 years since that, where are we on the continuum. Can we recognize another EIC (internal/external) or are we condemned to repeat it.
If one understands this and can draw parallels with the way modern corporates function, people hopefully will be able to see past their doublethink.
India gained independence from the British, but the structures that held the populace in thrall weren't torn down. They still exist. The government and the corporates are it's inheritors.
Yet how did it operate, monopolized trade, grow and maintain it's sepoy armies ? It took them more than a hundred years to establish control and another century passed till we had 1857 and almost another to gain independence. It's been 70 years since that, where are we on the continuum. Can we recognize another EIC (internal/external) or are we condemned to repeat it.
If one understands this and can draw parallels with the way modern corporates function, people hopefully will be able to see past their doublethink.
India gained independence from the British, but the structures that held the populace in thrall weren't torn down. They still exist. The government and the corporates are it's inheritors.