AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
75. The East India Company
The Rest Is History
The Importance of Long-Term Investments and Responsibility in Governance
The comparison between different views on moguls highlights the importance of long-term investments by rulers. While some rulers integrate fully into the country and invest in key assets like grain stores, ensuring stability during monsoon failures, others like the East India Company lack a sense of responsibility towards the people they rule. The East India Company efficiently extracts wealth through local tax systems but fails in providing essential services during famines, exemplifying the impact of lacking long-term investment and responsibility in governance.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode