Britain’s Reactionary Role in India: A Thesis of the Bolshevik-Leninist Party of India (Fourth International)

Adopted in 1941; Published in ‘Fourth International’, Vol.3 No.4, April 1942, pp.122-125.Transcribed, Edited & Formatted by Ted Crawford & David Walters.
The holdings of British capital in India developed not on the basis of the export of British capital, but rather through the plunder of the Indian people, which was reinvested in India, as a rich source of interest. The sterling debt of the Indian government, which included more than one-third of the total holdings of British capital, has been manipulated to include the cost of every British imperialist undertaking (including wars for the subjection of India, and other colonial wars) which could conceivably be charged to India.................

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