SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (51297)6/13/2009 8:50:31 PM
From: Joe S Pack2 Recommendations  Respond to of 219834
 

Capital sharing led to poverty

There was no poverty in England after the war, at least for those of proper status. Where did you get this crap about exporting capital to India ? I suppose Germany also exported all its capital to India, because it too had poverty (and more equitably shared) after the war. Britain was always dependent on its colonies for its wealth and power. Without them - well that's evident now isn't it.

Try reading Gandhi to get a different point of view on the Raj.



Here is yet another reference for a better history and how colonies exploited for their wealth. Though I may not agree with all of content, the gist of the book is true.

"Open Viens of Latin America - five centuries of the pillage of a continent" - Eduardo Galeano.



To: Webster Groves who wrote (51297)6/13/2009 9:57:22 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 219834
 
England was actually quite impoverished after WW-II. Even food rationing was not discontinued until July, 4 1954, regardless of one's proper economic status.

By contrast, World War II food rationing was discontinued in America on August 1, 1945. Food rationing ended in Germany in 1948 due to the Marshall Plan.

Many have a popular notion that England extracted great wealth from India as a colony, but the capital flows tell a completely opposite story. Capital hogging leads to prosperity, while capital sharing leads to poverty.
.