Capital accumulation and Industrial Revolution in England followed capital depletion and industrial devolution in India. As Brook Adams rightly remarks “In themselves inventions are passive, many of the most important having lain dormant for centuries waiting for a sufficient store of force to have accumulated to set them working....Before the influx of the Indian treasure and the expansion of credit which followed, no force sufficient for this existed and had
Watt lived fifty years earlier, he and his invention must have perished together.” In 1841 Labouchere, British Chancellor of the Exchequer, stated “The British have utterly destroyed the manufactures of India by their manufactures. The district of Dacca, the Manchester of India, has dwindled into insignificance.”
And with the aid of this loot, Britain vanquished Napoleon and built her political supremacy in the world."
O my Hindu brothers and sisters - accumulate knowledge and become a force to reckon with.
Come ON... guys ... wake up.
Read... Read...
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