K.N. Ajith, pp. 144, Eeswaar Books
Corporate dominance of global trade is neither new nor recent. Students of India’s history know that the East India Company was indeed a global trading corporation, chartered in December 1600 by Queen Elizabeth I to expand colonial markets. The Company quickly established military and administrative control over territories in India to dominate trade, especially in opium, tea, cotton, silk, and spices. In fact, English imperialism in India began as a form of corporate colonialism that lasted for 100 years following the East India Company’s victory in the Battle of Plassey in 1757. The Government of India Act of 1858 established the British Raj as the English monarchy’s surrogate to control colonial trade across the Indian subcontinent.