The Horrible History Of The East India Company
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- Опубліковано 2 лип 2024
- Exploitation, political meddling, and military aggression.
I’m not talking about the dictator of a banana republic; I’m talking about a private company whose personal army was three times that of the British army. The East India Company sounds like the sort of capitalistic nightmare ripped straight from the pages of a Philipp K Dick novel, but these guys were a real dystopian force.
Their time may be over, but their consequences of their actions shaped the world as we know it. In 1557, a few years before the unofficial Anglo-Spanish War, Francis Drake decided to explore the bank accounts of Spanish settlements in South America. [1] Once he plundered the Spanish colonies, he darted back across the Pacific Ocean, until touching down in the East Indies.
As Drake sails away, the Spanish throw things at him in anger. While travelling through the Molucca Islands he met Sultan Babullah, then ruler of the Sultanate of Ternate - one of the oldest Muslim Kingdoms in Indonesia.
This guy was the greatest of the Sultans having run out the Portuguese occupants. Under his rule, the Sultanate reached its golden peak thanks to his reign of free trade and access to valuable forest resources. [2]
For Francis Drake, the maritime door-to-door salesman, this was the perfect client. After all, both him and the Sultan shared a common enemy with the Portuguese, who were in cahoots with the Spanish.
Drake offered his linens, gold and silver. But let’s call it what it really was, ‘Evil Thing Number 1
So it’s time to understand how history works as tally up the evil crimes of the East India Company.
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#HowHistoryWorks #History #colonialhistory
Link To My Other Channel: / howmoneyworks
Written By: Sam
Video Edited By:
Svibe Multimedia Studio
Editor: Cardan
Media Gatherer: Andrea Rivas
Footage Courtesy of: Getty Images
Music Provided By: Epidemic Sound
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Sources:
1. www.historic-uk.com/HistoryUK...
2.www.researchgate.net/publicat...
AN_BABULLAH_IN_EXPELLING_PORTUGUESE_FROM_NORTH_MALUKU
3. www.rmg.co.uk/stories/topics/...
4. www.britannica.com/money/topi...
5. www.history.com/topics/religi...
6. www.rmg.co.uk/collections/obj...
7. www.jstor.org/stable/2862560
8. www.newworldencyclopedia.org/...
9. www.britannica.com/biography/...
10. www.geeksforgeeks.org/anglo-d...
11. www.history.com/topics/europe...
12. www.nam.ac.uk/explore/battle-...
13. blogs.bl.uk/untoldlives/2012/...
nicholas-skottowe.html
14. bitterwinter.org/great-bengal...
15. www.britannica.com/topic/Regu...
16. www.lhistoire.fr/english-vers...
Dang, so the EITC from _Pirates of the Caribbean_ is pretty on-brand.
East India Company = 169 = 7, English, In Chaldean = 54 = 9.
World take over = 169 = 7, English, In Chaldean = 54 = 9.
Wealth transfer = 170 = 8, English, In Chaldean = 54 = 9.
Tailor made money = 170 = 8, English, In Chaldean = 54 = 9.
How the USA won its freedom from a company only to then become a company! How ironic!
At its peak in the 17th century, the Dutch East India Company (Verenigde Oostindische Compagnie/VOC) had a broader global reach and economic clout than the British East India Company. The Dutch East India Company was truly global in scope (East and West), unlike the British East India Company, whose trade was limited mainly to the Indian subcontinent. This makes the Dutch company (and not the British one) the first true multinational company (in addition to being the first joint-stock company in the world). The Dutch East India Company was also the wealthiest commercial enterprise globally, generating enormous profits from the spice trade. It went bankrupt in the late 18th century and was formally dissolved in 1799, opening the doors to the British East India Company (dissolved in 1874).
The British East India Company grew steadily and eventually surpassed the Dutch in economic power by the late 18th century. However, considering their historical impact, the British East India Company arguably had a more significant and enduring influence on global trade and politics.
Wow, that's really informative and helpful -- thank you!
that because of Diponegoro and Javanese War that screwed out VOC cashflows
Not true, the VOC had the Dutch monopoly from the Cape eastwards, the WIC had the Dutch monopoly on the Atlantic. It did an expedition to find the North passage to the East-Indies for which they hired Henry Hudson. European trade wast still much, much bigger and that was dominated by the Dutch merchant fleet consisting of thousands of companies that had nothing to do with the VOC.
@@DenUitvreter I am not sure what it is you disagree with.
Watching this video at 4AM while playing FFXIV was certainly a trip. Especially when nodding off while crafting and hearing the "Moogle Empire" mentioned...
One am here and I’m playing baulders gate 3,
Mughal
Hey, I've noticed you are experimenting with ai images on both channels. To me, they look a bit off every time I see them. They make your videos look less personal imo. I much prefer a quickly photoshopped image over a generated one. Take this feedback as you will. It's your channel, so obviously you can run it however you want. :)
Other than that, keep up the amazing work. You are one of my favorite youtubers!
"a quickly photoshopped image" - did you ever create a video like this? nothing is quick
@@SuperSuchtiesI have done it professionally. it's not as quick as AI, but it's not that long either.
It's as quick as you want it to be.
fair point @@pflh2391
Your uses of commas were great until this one: "It's your channel, obviously you can run it however you want."
You made a comma splice, and could easily fix it by putting "so" (a conjunction) after that comma.
@@AwesomeHairo I didn't expect grammar feedback on my comment. Haha thanks :) I did edit the comment.
So basically they copied the Dutch East India template but with more crimes against humanity.
Well not really, because meanwhile the Dutch East India was the protector of the Spice Islands and more, the British East India Company was the de facto ruler of India. The Dutch East India had way less authority over thier sphere of influenze.
Crime against humanity?? 😂 Like what?
"more" crimes against humanity? i think you need to revisit the Dutch East India side of story once more.
If you ever feel stupid always remember that there are still some people who think the East India Company wasn't Evil 😂
God save the queen!
There's also people who think it was run by India.
Don't forget the idiots who think name of India came from British.
People do not realize It is always relative. You will feel 10x more stupid when you fall for propaganda and choose the greater of the two evils. I would take the East India Company to rule my country any day of the week.
Wasn’t evil, just pragmatic
That Trujillo photo and description made my day!
People think we don't act like this anymore, I mean, where do we get our iPhones, chocolate, coffee, bananas, or anything cheap. Then we have the over pricing of these cheaply produced products, guys, I love money.
Yes, but oftentimes without these jobs the locals would be even worse off.
No way bro is comparing this with East India Company. When was the last time Apple caused a famine which led to the death of millions? Or Tesla conquered a subcontinent and then plundered it? Or when Proctor & Gamble forced people to grow Opium and fought wars for Exporting it?
Yeah, you got a point. Successful super powers started as low level producers, like early United States, China, post war Germany.
I guess you got to dig in the mud before you can sleep in jewels.
@@batman1776False, tell that to the Africans dying digging for lithium and other precious metals in Africa.
@cjclark1208 China industrialized by the West exploiting it for cheap labor. Mining has high mortality but the really cheap manufacturing jobs are better than subsistence farming.
The EITC makes modern corporations look like rank amateurs. And that is not a bad thing.
Don't worry, they're getting there....
The EITC?
The VOC wants to have a word...
tldr; EIC was the cyberpunk corpo minus the cyberpunk
How about a how money works episode about naval insurance buisness and how it works~? And how similar companies like Dutch East Indies work today?
Britain has no empire left but the practices of the east India company still carry on with the British state being gutted and left just a Carcass now.
The West Indian Company was equally bad but the modern Dutch still view it as their Golden Age. No joke.
How many Dutch people have told you that? 😂😂😂
No, it wasn't. It was differently bad. The Dutch Republic already had had the first half of their Golden Age before profits from WIC or VOC came in, both started for war reasons, to protect what you take for granted now. Since you are enjoying freedom of religion, freedom of speech and print, upward social mobility and modern capitalism, citizenship in a nation state, free trade, the Dutch Golden Age was golden for you too.
"The first multi-international" - wouldn't that be the Dutch East India company that the British one was based upon?
Just think that the prevalent narrative still remains that the UK got rich and powerful because of parliamentary institutions and free trade
....welll those are contributing factors lmao, thats the norm round history of comquerng and exploiting land we over here acting like this is new
I wouldn't call military enforced monopolies free trade, quite.
I wouldn’t call it exploitation
You know that Britain was only able to conquer the world because of it's parliamentary institutions and free trade. Most colonies were even a losing game for Britain and France and they only kept them for prestige and so that they had a market there and could sell goods to. To say that Britain got rich because of India is wrong, Britain got rich because of it's early industrialisation which happened because of it's parliamentary institutions and free trade. Your argument is not logical and you are confusing the chain of causality.
The european colonialist nations got their empires because they developed weapons far more advanced than their victimcs after endless wars with one another. (Also, especially in the case of the Americas, the devastating diseases they brought with them was a crucial factor). Britain did not industrialise until after the American revolution, as a direct result of their defeat in that war- they needed to build newer, better warships to make up for their losses. The fact that other nations from the same part of the world, with a similar history in warfare, but no meaningful parliaments also had vast colonial empires moere or less disproves that bit of Whig nonsense, not to mention that suffrage was so limited, the parliament was more or less a joke. As for free trade, seriously WTF! What free trade are you talking about? We are referring to colonial empires! Anyway... have a nice day@@danielkaner5156
Fun fact: Indian spice trader virji vora was the largest creditor of east India company. They play victims and point fingers but were very complacent in profit sharing
EIC should stand for The Expansionist-Industrial Complex
These emails are html that load when you open them. Similar to html in the browser, three html can render differently depending on viewport (i.e. desktop, mobile, tablet, etc). Usually, you load them differently to fit more or less the same content to look ok in different screen sizes, but you can load whatever you want for each viewport. You could make them completely different if you wanted. So, different text is perfectly possible. I'd guess they didn't intend the difference and someone just fucked up.
The shock I had many years ago when I learned it was a real thing. I thought it was a made up company on Pirates of the Caribbean
Its estimated that the UK caused about $45,000,000,000,000 worth of damages to India, and many believe that India had a solid chance of joining the industrial revolution, and be a developed country today if it were not for the brits
Don't be silly.
@@blob22201like you?
@@STARK50 nah, I'm not throwing around silly, debunked numbers.
That's a lie by a Marxist communist. Look into the article, it compounds the expenses to run india for 200 yrs. By that logic if I were to steal a loaf of bread 1000 yrs ago that'd today be estimated more than what indian gdp is, misuse of compounding
45 trillion is a cooked up number by a Marxist theorist with very questionable calculations. It was impossible to take 45 trillion from India as it is far more than the cumulative GDP of India during that period. 😂😂
I'm not sure if it was on purpose, but the opening line of "I'm not talking about a banana Republic" is pretty ironic considering the actual history of banana Republics. Which is deeply intertwined with private companies and western imperialism
Im mostly an auditory watcher so Little pause on "McDonald's having a shoot out with burger king wendys and Hawaii" threw me off wtf hawaii do? 😂
EIC now is Black rock and the money didn’t change hands.
The ancestor of all Cyberpunk Megacorporations.
These men would not believe their own homeland became occupied with these foreigners.
Nothing ironic. The States-General already existed before the the Dutch Republic's DOI and the States as provincial parliaments without having a common assembly go back to the 13th century. The English support for the Dutch revolt was half arsed and two faced, and queen Elizabeth kicking the Dutch sea beggars out of English ports and taking back her beloved non valeur Robert Dudley Earl of Leicester where both great turning points in the Dutch war against the Spanish Empire. Lucily for the English, the Dutch had already blocked the Spanish Armada from actually invading England.
The image in the background at 9:12 is the parliament of my country, I was so surprised by that!
This is a misuse of a comma.
Why keep people confusing the Dutch East India company with the British. The Dutch was first and far larger
Nice
So, my company is not the most evil and powerful corporation in the world?....
We should start a West Britian Company which will colonise the UK!
@@Kushagra.jIt could prove out to be surprisingly hard, given that even the name is misspelled.
Just a reminder: James Lancaster was born in Basingstoke in England, NOT Portugal.
Damn I didn't no that
LOL EIC was a joke the Dutch VOC was the largest company in the world EVER ...... PERIOD.
East India Company = 169 = 7, English, In Chaldean = 54 = 9.
World take over = 169 = 7, English, In Chaldean = 54 = 9.
Wealth transfer = 170 = 8, English, In Chaldean = 54 = 9.
Tailor made money = 170 = 8, English, In Chaldean = 54 = 9.
Once again, Spain didn’t have colonies, they were viceroyalties, never compare what the Spanish did and what the British did.
Yes. Spanish rule was far more strict than British colonies. I mean, why did every single Spanish viceroyalties revolt against their overlords?
Lord Beckett did all this?
Were they masons?since they came theres a lodge built in malaya,now you can find a lodge in every state in malaysia..these lodge only exist after english set foot.. especially the east indies company
If anything the video is understated, but that’s okay: a video going through the EICs dirty laundry in detail would easily go for several hours.
Not just not nice but hellish 🤣
Banana republic here. It is Dominican republic and the dictator shown it's Trujillo, one of the worst from the Caribbean. Great content as usual, kind regards 🇩🇴
This is a misuse of a comma.
Trujillo, worst dictator in the Caribbean? Ever heard of Papa Doc Duvalier? Fidel Castro? Trujillo might not have been a good lad, but far from the worst in the region
@@pupysb6267 Indeed, "worst" could be subjective. Edited to a one of the worst, biased because we suffered him here. Blessings! 🇩🇴✨
Why do you have to end EVERY SENTENCE in the same tone? Are you a robot? If yes, fair enough
The original Cartel
There were two East India company’s. The Dutch one was the wealthiest company that has ever existed. Considering how rich n powerful, and despicable n immoral, they were that’s saying something.
It was still peanuts. No year in history had the VOC making more money for the Dutch Republic than the good old herring fishery. The Dutch merchant fleet in Europe was a 100 times bigger than that of the whole VOC.
@@DenUitvreter the Dutch East India Company (VOC) was the wealthiest multinational to have ever excised.
@@jonathankerr4859 Another YT myth, all based on a dodgy calculation by a Canadian media company. We know it was bigger than the British East India Company, we also know that peak VOC brought in less money to the Dutch Republic than the good old herring fishery. We also know it's less than 200 merchant ships was futile compared to the enormous Dutch merchant fleet in Europe.
@@DenUitvreter didn’t know about the herring income. But why would it matter that the merchant fleet was larger? There both Dutch. I assume by what you say that the VOC operated globally outside of Europe and the merchant fleet in Europe. The VOC and Dutch merchant fleet would be rivals. Also just because one is larger than the other doesn’t mean that they are a more profitable organisation.
But like I said, I didn’t know about the herring fishery. 👍
@@jonathankerr4859 I'm just putting it in perspective. Besides the dodgy calculations by a questionable source that is taken for a fact all over history videos on YT, the special thing about it was that it was all put in one company with a Dutch monopoly.
If we decide now that all Dutch trade with Ireland would be done by a single company, that would be a huge company too. The VOC didn't compete with the tens of thousands of individual merchants because it had a monopoly East of the Cape in today's SA, and it was not competitive in the European trade because of operation costs. Bigger ships with lots of guns and bigger crew, double planked, they were specialized in one year journeys with valuable cargo, not suited for shipping wheat from Poland to Sweden at competitive prices.
Every one oppressed only economic profits mattered .
Almost as bad a company as google is.
britain always put restrictions after its too late 😢
After they had profited enough, more like it.
Honestly, why the East India Company didn't took over the British government. If they had a bigger army and a equal naval power that would be pretty easy
Same reason apple Google don't do it. It's the British name which game them the power otherwise it would have been open season on them by combine European power not just British also most of their wealth was in British banks.
Even if they had a bigger military, there would've been tons of casualties and loss revenue for practically nothing to win whatsoever.
60k vs 1Bn...who wins?
Whoever pays more
@@giantmastersword 60k brits
India didn't have 1 billion people in 17th century. Also Europeans didn't arrived as invaders, they arrived as traders. When they gain trust of kings and common people, they backstabbed!
13:07 Nah there are people who like them
Only an idiot will like them
1:00
You should do America next...
America is still a dominant empire, you can't get accurate information on our business around the world or even domestic history often times.
Nothing will ever make me take my East India Trading Co flag down in my bedroom, lol!
How are you?
Great thanks. U?
I know you weren't talking to me but I'm good.
how are you?
India would have been much more successful & wealthy if Brits didn't loot us. We would have been more Indian culture focused & most importantly Hindus & Muslims would have been living peacefully & there would have no India, Pakistan & Bangladesh, just one nation called Bharat. Also, as There would have been no Separate India & Pakistan, USA & USSR would not have made respective countries their proxy in cold war & there is possibility that many terrorist groups would not have been born.
It would be way easier to call the entire land Bharat than all the tiny countries we have now.
What garbage. India most likely would have been more poor and backward as well as disunited without the British Empire. Also Muslims would have prayed on Hindus as the Deobandi school of Islam was taking root.
What garbage. India most likely would have been more poor and backward as well as disunited without the British Empire. Also Muslims would have prayed on Hindus as the Deobandi school of Islam was taking root.
What garbage. India most likely would have been more poor and backward as well as disunited without the British Empire. Also Muslims would have preyed on Hindus as the Deobandi school of Islam was taking root.
What garbage. India most likely would have been more poor and backward as well as disunited without the British Empire. Also Muslims would have prayed on Hindus as the Deobandi school of Islam was taking root.
fIrSt oRdEr is lame. Galactic Empire didn't fall after Sidious three deathes.
Yea I am STAR WARS EU Fan.
A UA-cam video could not bem so uninteresting and unappealing to listen.
I retained nothing of what you Said.
I've mixed feelings. It is easy to look back retroactively on the past and apply modern moral values to the actions taken but that is dishonest and lacks context. In my view, "evil" requires malicious intent for the sake of doing harm. The EIC never did anything purely for the purpose of causing harm, it was always for money.
Love of money is the root of all evil...
@@Vroomfondle1066 eh
Bible Reference: 1 Timothy 6:10 'For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.'
@@anubisgod23
Isn't modem harm done in the name of money, too?
Lots of evil deeds can be made, even though unintentionally, in the pursuit of wealth.
Especially if the ends justify all means.
It's just...good business.
You said it brought universities lmfao, google Nalanda University
still not as greedy as EA
duh!!
DNA.
What is all this gay moral lecturing? I will be the one to decide what is and is not evil. I just want to hear historical facts from you. In my opinion this is quite infantilizing from you, assuming your audience isnt capable of having their own moral compasss instead they need you like mommy to tell them what is a no no.
12:30, 12:45, 14:00
G E K O L O N I S E E R D
where r the funny vids? lol
Rule Britainnia Britainnia. Rules the waves
A
Libertarianism wet dream.
Doesn't sound that horrible to me, but I understand the need to label these things so the sensitive beings who cannot think for themselves and draw their own conclusions from universal principles don't get their feelings hurt. Great video nonetheless.
Please, for all the “sensitive beings who cannot think for themselves” explain why you don’t think this was horrible
Back when Europe was great and not woke
They skipped over the wars that EIC waged on dissenters. Those got extremely ugly. Thousands died.
@@TAKOHUMU
> "Please ... who cannot think for themselves ... explain"
Case in point. You want me to do your thinking for you... Tiring.
The same slushy minded idiots again and again..
@@mercx007 lmao yes if only we didn't have cures/preventative care for polio, measles, whooping cough, pertussis, tetanus, the black plague and you were a feudal serf maybe you'd have died young enough for us to not hear from you. #MAGA MAGA MAGA.
You've got a new follower!