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... " Economic History of India: 1857-1956"

By 1857, England does have a pronounced advantage in textile productivity. But over the period 1760 to 1810, the productivity gains were rather catching up to the most productive textile production in the world ... its only after the Napoleonic Wars are over that it pushes ahead into world-leading productivity in textiles (and mostly just in textiles ~ which is part of the reason why the US was able to pass the UK by the early 1900's).

And that advantage was not the result of just fate, it was the consequence of a series of policy regimes which each were effective for the conditions of their day, until they fell behind the times and were replaced. Neither the industrial protectionist policies nor the so-called "Free Trade" policies would have been as effective a part of the whole process of the establishment of British dominance in textile exports without the other.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Sep 2nd, 2013 at 05:58:00 PM EST
[ Parent ]
" Economic History of India: 1857-1956"

Come on, the title of the book is irrelevant to the timeline of the thumbs-cutting story.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon Sep 2nd, 2013 at 06:09:59 PM EST
[ Parent ]
The timeline of the thumb cutting story? If the relevance of the timeline of the thumb cutting story is to prove that the British East India Company used barbaric methods in its effort to enforce its lucrative monopoly on exports out of its territory of control, that tends to indicate that those exports were still lucrative in the late 1700's.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Tue Sep 3rd, 2013 at 12:17:51 AM EST
[ Parent ]

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