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Why Capitalism Needs Imperialism To Drain Wealth From the Global South, w/ Marxist Economist Utsa Patnaik

Rania Khalek Dispatches

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What Are the Lingering Effects of the British Colonial Drain on India to Day?

In the case of india, for example, is that the form of the tax payment that they were made in cash, only changed into kind. But it still remained tax. They were being taxed out of their goods. It was a very clever system, which is used people who are well trained in matr economic theory to understand market transactions. So this is what is really flame youno analyze, and what are the lingering effects of this?

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