Thursday 14 May 2020

[www.keralites.net] Was it colonization that made England rich and India Poor?

 

In this video Sasi Tharoor says that it was colonization that made England rich and India poor.
Below is my view on the matter.
Sashi Taroor is no doubt an orator. But it is obvious he does not know the essentials of economics. If he had read the Third Wave by Alwin Toffler he would not have touted his nonsense.
Primitive societies used their own metabolic energy to subsist and lived a hand to mouth existence. They did not even have the notion of private property.
Then we entered the agricultural age when we attained greater efficiency than primitive societies by agricultural techniques. In addition we harnessed the energy of drought animals like bullocks and horses to produce more wealth in the agricultural age compared to our primitive age.
Then came the industrial age when we used fossil fuels and great machines to increase our efficiency. What is more research and education began to play a significant part in production. Thus a man from the industrial world using a tractor could produce 30 or 40 times as much food as a man using a bullock, just as the man with a bullock in the agricultural age could produce more than a stone-age primitive man.
Sasi says that England prospered because of colonization. But in forwarding this argument he forgets the fact that there are nations like Switzerland, Austria or some of the Scandinavian countries which did not colonize any land and yet attained much higher standards of living than England. This would not have possible it it is colonization of India that made England rich. Similarly there are nations like Nepal and Thailand which were never colonized but still remain poor which again proves that Sasi Tharoor is speaking nonsense.
The Western countries as well as Japan grew rich because of the quality of their human resources. This came about mainly after the printing press was invented in Germany which made the Europeans more literate than us.

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