economy
Opinion
Mr. Dalrymple is the author of “The Anarchy” and other books on the history of the East India Company.
TL;DR
- In 1788, the British state initiated impeachment proceedings against the governor general of the East India Company, highlighting the power of this corporate entity.
- The East India Company, not the British state, was responsible for the conquest of the Indian subcontinent between 1756 and 1803.
- The company's charter allowed it to found colonies and wage war, using violence to enhance profits.
- The East India Company's wealth, derived from India, significantly contributed to Britain's Industrial Revolution.
- Modern Big Tech companies are compared to the East India Company, possessing attributes of sovereign states and immense economic power.
- Companies like Nvidia, Apple, and Alphabet have market capitalizations exceeding the GDP of several large countries.