Monday, January 20, 2025

Over $64 trillion extracted from #India by #Britain during #colonial rule

Between 1765 and 1900, the richest 10% in Britain extracted an estimated $33.8 trillion from India — enough to carpet London in £50 notes nearly four times over. This staggering figure represents just half of the $64.82 trillion drained from India. This occurred during over two centuries of colonial rulewealth extraction. Oxfam reports this in its latest report “Takers Not Makers”.
https://indianf.com/colonial-wealth-extraction-global-inequality/

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