How Britain looted $45 trillion from India?
Channel: The World
Date: 2022-04-09

How did Britain loot $45 trillion dollars from India?

In this video,  we’ll delve into the shadowy past of the British Empire and uncover how it looted the most prosperous nation,  India.

India was formerly termed “golden bird,” which was fairly accurate; at that time, India accounted for approximately 25% of global net wealth. India transitioned from a prosperous nation to a poor, impoverished one until the end of the British Raj in 1947.

Utsa Pattnaik, a renowned economist from India, wrote a research article for Columbia University Press in 2018. This research paper categorically refuted British moral assertions. Patnaik concluded that Britain plundered almost $45 trillion from India between 1765 to1938, based on nearly two centuries of precise tax and trade data. This amount is almost 17 times the current combined GDP of Britain and India.

What does this imply for the United Kingdom today? Apologies? Absolutely. Reparations? Perhaps — but the reality is that Britain is not in the position to pay $45 trillion in reparations.

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