Why Capitalism Needs Imperialism To Drain Wealth From the Global South, w/ Marxist Economist Utsa Patnaik
Rania Khalek Dispatches
00:00
The Indian Budget Becomes Pounds Expended by England
The British kept all the sterling that indians earned and all the gold, and they simply paid the local producers out of their own taxes. And this is what has puzzled observers. How could rupees the indian budget become pounds spent by england for this is the mechanism through which it happened. The metropolitan er economists kept quiet about this. They didn't want the local people to get wise to what they were doing.
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