Steve Batkin - Saturday. 12.1.2019: The British East India Company: Shareholders In Huge Empire. In 2019 What's Changed? Capitalism Still Dominates The World. Above image the Governor's palace in India where the British East India Company and the British Government ruled over millions of people in an occupied country for centuries. The British East India Company was a private company set up several hundred years ago with some of its shareholders being British Government politicians and bureaucrats; other shareholders consisted of Royalty and global bankers not all British. Don't be fooled by the company name because the company operated in many countries apart from Britain and India including Africa where it participated in the human slave trade. In India one of its main trading commodities was opium which it sold to various countries with the most well known being China because of the opium wars which resulted over arguments concerning profit sharing. Britain's European rivals the Germans, French, Dutch, Spanish etc. were swept aside as competitors for empire in India and many other countries around the globe. The East India company and the British Government made profits from their empire but to make the matter a little confusing some of the East India Company shareholders were actually German, French, Dutch, Spanish origin etc. The company was based in London so therefore the British Empire and State has taken most of the flak for the evils which were committed by the company: wars, deliberate mass famines, murders, slavery, class A drug dealing, fur dealing with cruel gin traps, forest clearing etc. Eventually the British Government put a vast amount of public money into the company to pay its bank loans and keep it afloat, which gave parliament and all politicians a say in the company not just politicians who owned shares. Anyway the point I would like to make in this article is the fact that capitalism and greed still utterly rule Britain and the world in 2019 with many British politicians to this day owning shares in foreign financial ventures. Socialism in Britain is as dead as a dodo with 'socialist politicians' taking the British State's exorbitant public wages in a game of 'political opposition' and eventually over the years becoming multi-millionaires themselves -- it's pathetic!
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