British Economists and the Empire


Book Description

This study, first published in 1983, is primarily concerned with what the British economists over the period 1860 to 1914 wrote on a range of economic and non-economic aspects of the British Empire, and the reasons for their conclusions. The attempt is also made to correct the view that mainstream British economists after 1860 were antithetical to the concept of empire. This title will be of interest to students of economic thought.




Mammon and the Pursuit of Empire Abridged Edition


Book Description

Historians have so far made few attempts to assess directly the costs and benefits of Britain's investment in empire. This book presents answers to some of the key questions about the economics of imperialism: how large was the flow of finance to the empire? How great were the profits on empire investment? What were the social costs of maintaining the empire? Who received the profits, and who bore the costs? The authors show that colonial finance did not dominate British capital markets; returns from empire investment were not high in comparison to earnings in the domestic and foreign sectors; there is no evidence of continued exploitative profits; and empire profits were earned at a substantial cost to the taxpayer. They depict British imperialism as a mechanism to effect an income transfer from the tax-paying middle class to the elites in which the ownership of imperial enterprise was heavily concentrated, with some slight net transfer to the colonies in the process.




Unfinished Empire


Book Description

A both controversial and comprehensive historical analysis of how the British Empire worked, from Wolfson Prize-winning author and historian John Darwin The British Empire shaped the world in countless ways: repopulating continents, carving out nations, imposing its own language, technology and values. For perhaps two centuries its expansion and final collapse were the single largest determinant of historical events, and it remains surrounded by myth, misconception and controversy today. John Darwin's provocative and richly enjoyable book shows how diverse, contradictory and in many ways chaotic the British Empire really was, controlled by interests that were often at loggerheads, and as much driven on by others' weaknesses as by its own strength.




Translating Empire


Book Description

Historians have traditionally used the discourses of free trade and laissez faire to explain the development of political economy during the Enlightenment. But from Sophus Reinert’s perspective, eighteenth-century political economy can be understood only in the context of the often brutal imperial rivalries then unfolding in Europe and its former colonies and the positive consequences of active economic policy. The idea of economic emulation was the prism through which philosophers, ministers, reformers, and even merchants thought about economics, as well as industrial policy and reform, in the early modern period. With the rise of the British Empire, European powers and others sought to selectively emulate the British model. In mapping the general history of economic translations between 1500 and 1849, and particularly tracing the successive translations of the Bristol merchant John Cary’s seminal 1695 Essay on the State of England, Reinert makes a compelling case for the way that England’s aggressively nationalist policies, especially extensive tariffs and other intrusive market interventions, were adopted in France, Italy, Germany, and Scandinavia before providing the blueprint for independence in the New World. Relatively forgotten today, Cary’s work served as the basis for an international move toward using political economy as the prime tool of policymaking and industrial expansion. Reinert’s work challenges previous narratives about the origins of political economy and invites the current generation of economists to reexamine the foundations, and future, of their discipline.




Empire


Book Description

Niall Ferguson's acclaimed bestseller on the highs and lows of Britain's empire 'A remarkably readable précis of the whole British imperial story - triumphs, deceits, decencies, kindnesses, cruelties and all' Jan Morris Once vast swathes of the globe were coloured imperial red and Britannia ruled not just the waves, but the prairies of America, the plains of Asia, the jungles of Africa and the deserts of Arabia. Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson's acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries, showing how a gang of buccaneers and gold-diggers planted the seed of the biggest empire in all history - and set the world on the road to modernity. 'The most brilliant British historian of his generation ... Ferguson examines the roles of "pirates, planters, missionaries, mandarins, bankers and bankrupts" in the creation of history's largest empire ... he writes with splendid panache ... and a seemingly effortless, debonair wit' Andrew Roberts 'Dazzling ... wonderfully readable' New York Review of Books 'Empire is a pleasure to read and brims with insights and intelligence' Sunday Times




A Velvet Empire


Book Description

How France's elites used soft power to pursue their imperial ambitions in the nineteenth century After Napoleon's downfall in 1815, France embraced a mostly informal style of empire, one that emphasized economic and cultural influence rather than military conquest. A Velvet Empire is a global history of French imperialism in the nineteenth century, providing new insights into the mechanisms of imperial collaboration that extended France's power from the Middle East to Latin America and ushered in the modern age of globalization. David Todd shows how French elites pursued a cunning strategy of imperial expansion in which conspicuous commodities such as champagne and silk textiles, together with loans to client states, contributed to a global campaign of seduction. French imperialism was no less brutal than that of the British. But while Britain widened its imperial reach through settler colonialism and the acquisition of far-flung territories, France built a "velvet" empire backed by frequent military interventions and a broadening extraterritorial jurisdiction. Todd demonstrates how France drew vast benefits from these asymmetric, imperial-like relations until a succession of setbacks around the world brought about their unravelling in the 1870s. A Velvet Empire sheds light on France's neglected contribution to the conservative reinvention of modernity and offers a new interpretation of the resurgence of French colonialism on a global scale after 1880. This panoramic book also highlights the crucial role of collaboration among European empires during this period—including archrivals Britain and France—and cooperation with indigenous elites in facilitating imperial expansion and the globalization of capitalism.




Empire and Globalisation


Book Description

Focusing on the great population movement of British emigrants before 1914, this book provides a perspective on the relationship between empire and globalisation. It shows how distinct structures of economic opportunity developed around the people who settled across a wider British World through the co-ethnic networks they created. Yet these networks could also limit and distort economic growth. The powerful appeal of ethnic identification often made trade and investment with racial 'outsiders' less appealing, thereby skewing economic activities toward communities perceived to be 'British'. By highlighting the importance of these networks to migration, finance and trade, this book contributes to debates about globalisation in the past and present. It reveals how the networks upon which the era of modern globalisation was built quickly turned in on themselves after 1918, converting racial, ethnic and class tensions into protectionism, nationalism and xenophobia. Avoiding such an outcome is a challenge faced today.




The British Press, Public Opinion and the End of Empire in Africa


Book Description

This book provides fresh insights into how the British press affected both British perceptions of decolonisation in Africa and British policy towards it during the ‘wind of change’ period. It also reveals, for the first time, the extent to which British newspaper coverage was of relevance to African and white settler readerships. British newspapers informed the political strategies and civic cultures of African activists, nationalists, liberal whites in Africa, the staunchest of white settler communities, and the first governments of independent African states and their opponents. The British press, British public opinion and British journalists became etched into the lived experiences of the end of empire affecting Anglo-African and Anglo-settler relations to this day. Arguing that the press cast a transnational web of influence over the decolonisation process in Africa, the author explores the relationships between the British, African and settler public and political spheres, and highlights the mediating power of the British press during the late 1950s. The book draws from a range of British newspapers, official government documents, newspaper archives, interviews, memoirs, autobiographies and articles printed in African and white settler papers. It will be of interest to historians of decolonisation, Africa, the media and the British Empire.




The Business of Empire


Book Description

The Business of Empire assesses the domestic impact of British imperial expansion by analysing what happened in Britain following the East India Company's acquisition of a vast territorial empire in South Asia. Drawing on a mass of hitherto unused material contained in the company's administrative and financial records, the book offers a reconstruction of the inner workings of the company as it made the remarkable transition from business to empire during the late-eighteenth century. H. V. Bowen profiles the company's stockholders and directors and examines how those in London adapted their methods, working practices, and policies to changing circumstances in India. He also explores the company's multifarious interactions with the domestic economy and society, and sheds important new light on its substantial contributions to the development of Britain's imperial state, public finances, military strength, trade and industry. This book will appeal to all those interested in imperial, economic and business history.




Empireland


Book Description

A best-selling journalist’s illuminating tour through the hidden legacies and modern realities of British empire that exposes how much of the present-day United Kingdom is actually rooted in its colonial past. Empireland boldly and lucidly makes the case that in order to understand America, we must first understand British imperialism. "Empireland is brilliantly written, deeply researched and massively important. It’ll stay in your head for years.” —John Oliver, Emmy Award-winning host of "Last Week Tonight with John Oliver" With a new introduction by the author and a foreword by Booker Prize-winner Marlon James A best-selling journalist’s illuminating tour through the hidden legacies and modern realities of British empire that exposes how much of the present-day United Kingdom is actually rooted in its colonial past. Empireland boldly and lucidly makes the case that in order to understand America, we must first understand British imperialism. Empire—whether British or otherwise—informs nearly everything we do. From common thought to our daily routines; from the foundations of social safety nets to the realities of racism; and from the distrust of public intellectuals to the exceptionalism that permeates immigration debates, the Brexit campaign and the global reckonings with controversial memorials, Empireland shows how the pernicious legacy of Western imperialism undergirds our everyday lives, yet remains shockingly obscured from view. In accessible, witty prose, award-winning journalist and best-selling author Sathnam Sanghera traces this legacy back to its source, exposing how—in both profound and innocuous ways—imperial domination has shaped the United Kingdom we know today. Sanghera connects the historical dots across continents and seas to show how the shadows of a colonial past still linger over modern-day Britain and how the world, in turn, was shaped by Britain’s looming hand. The implications, of course, extend to Britain’s most notorious former colony turned imperial power: the United States of America, which prides itself for its maverick soul and yet seems to have inherited all the ambition, brutality and exceptional thinking of its parent. With a foreword by Booker Prize–winner Marlon James, Empireland is a revelatory and lucid work of political history that offers a sobering appraisal of the past so we may move toward a more just future.