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Loot: in search of the East India Company, the worlds first transnational corporationHenderson Global Investors in the City of London, nick.robins{at}henderson.com This article charts the growth of the worlds first transnational corporation, the East India Company, and the resonance this has for todays globalization agenda. Starting as a speculative company to import spices, the East India grew to rule onefifth of the worlds population. The paper also discusses the implications, for India and Britain, of its profit-driven development achieved through trade, taxes and conquest. It also describes how the Companys wealth allowed it to manipulate and even bring down governments.
Environment and Urbanization, Vol. 14, No. 1,
79-88 (2002) |
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