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Who Benefited from the British Empire?

Gresham College Lectures

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The Importance of Imperialism in the British Economy

The allocation of costs and benefits within and between India and Britain reflected more than the dominance of southern, gently capitalist. We need to analyze shifting political calculations that changed over time. How important is imperialism to the development of the British economy of the later 19th and 20th century? One view is that globalization would have happened anyway. The cost of the empire were unnecessary. Formal control was unnecessary.

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