Saturday, December 11, 2004

The world's first multinational

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NS Essay 1- Corporate greed, the ruination of traditional ways of life, share-price bubbles, western imperialism: all these modern complaints were made against the British East India Company in the 18th century. Nick Robins draws the lessons.

In The Discovery of India, the final and perhaps most profound part of his "prison trilogy", written in 1944 from Ahmednagar Fort, Jawaharlal Nehru described the effect of the East India Company on the country he would shortly rule. "The corruption, venality, nepotism, violence and greed of money of these early generations of British rule in India," he wrote, "is something which passes comprehension." It was, he added, "significant that one of the Hindustani words which has become part of the English language is 'loot'". . .


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