BS, you should study more in depth the movements of capital, development, incomes, peace and civil law, lingua franca development, common law, democracy and much more. <it does not look like the Indians as a group benefited from much until the British left.. >
Of course the British benefited from the investments, as I do from selling CDMA to people in China. Do you think I should derive no benefit from my life's work, savings, investments and risk? I get a bit of money for the effort but the great bulk of benefit goes to the people in China.
Similarly with the development of railways in India. The great majority of the benefits go to getting the whole huge enterprise going and then using it. The swarming hordes of workers all had employment which was obviously better than their other choices. Then, they could ride on the trains they had built. All the British took away was the dividends paid by their railway company shares. As a shareholder, I can tell you that such profits are normally thin to illusory.
India swapped capitalism and the enormous advantages of the British realm for half a century of poverty, socialism, kleptocracy, corruption, self-dealing and going nowhere. They even started losing the lingua franca - to some extent as a delivery post-colonial "renaissance" but of course the youngsters told the old fools to get over it and that they needed english to get good jobs.
Now, swarms of Indians are part of the American Empire, living in the USA, working for Google, Motorola and Qualcomm. I am happy to employ them - it's good for them and good for me.
Mqurice |
