According to widespread belief, poverty and low standards of living have been characteristic of India for centuries. Challenging this view, Prasannan Parthasarathi demonstrates that, until the late eighteenth century, labouring groups in South India, those at the bottom of the social order, were in a powerful position, receiving incomes well above subsistence. The decline in their economic fortunes, the author asserts, was a process initiated towards the end of that century, with the rise of colonial rule. Building on revisionist interpretations, he examines the transformation of Indian society and its economy under British rule through the prism of the labouring classes, arguing that their treatment by the early colonial state had no precedent in the pre-colonial past and that poverty and low wages were a product of colonial rule. The book promises to make an important contribution to the economic history of the region, and to the study of colonialism.
Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the
Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the
Cotton textiles were the first good to achieve a truly global reach. For many centuries muslins and calicoes from the Indian subcontinent were demanded in the trading worlds of the Indian Ocean and th