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Between Monopoly and Free Trade

Between Monopoly and Free Trade PDF Author: Emily Erikson
Publisher: Princeton University Press
ISBN: 1400850339
Category : Business & Economics
Languages : en
Pages : 272

Book Description
The English East India Company was one of the most powerful and enduring organizations in history. Between Monopoly and Free Trade locates the source of that success in the innovative policy by which the Company's Court of Directors granted employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics, decision-making processes, and ports and organizational context, Emily Erikson demonstrates why the English East India Company was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why England experienced rapid economic development and how the relationship between Europe and Asia shifted in the eighteenth and nineteenth centuries. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade in Asia to their employees, creating an unusual situation in which employees worked both for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the Company and the sophisticated commercial institutions of the markets of the East, employees constructed a cohesive internal network of peer communications that directed English trading ships during their voyages. This network integrated Company operations, encouraged innovation, and increased the Company’s flexibility, adaptability, and responsiveness to local circumstance. Between Monopoly and Free Trade highlights the dynamic potential of social networks in the early modern era.

Between Monopoly and Free Trade

Between Monopoly and Free Trade PDF Author: Emily Erikson
Publisher: Princeton University Press
ISBN: 1400850339
Category : Business & Economics
Languages : en
Pages : 272

Book Description
The English East India Company was one of the most powerful and enduring organizations in history. Between Monopoly and Free Trade locates the source of that success in the innovative policy by which the Company's Court of Directors granted employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics, decision-making processes, and ports and organizational context, Emily Erikson demonstrates why the English East India Company was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why England experienced rapid economic development and how the relationship between Europe and Asia shifted in the eighteenth and nineteenth centuries. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade in Asia to their employees, creating an unusual situation in which employees worked both for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the Company and the sophisticated commercial institutions of the markets of the East, employees constructed a cohesive internal network of peer communications that directed English trading ships during their voyages. This network integrated Company operations, encouraged innovation, and increased the Company’s flexibility, adaptability, and responsiveness to local circumstance. Between Monopoly and Free Trade highlights the dynamic potential of social networks in the early modern era.

Empire of Free Trade

Empire of Free Trade PDF Author: Sudipta Sen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

Book Description
On the eve of the British conquest of India, northern India was rich in marketplaces that served as centers for an extensive and vigorous organization of inland and oceanic trade. Indigenous commercial practice, which the British never fully understood, was based on an intricate network of social, political, and religious relationships. In Empire of Free Trade, Sudipta Sen demonstrates that these marketplaces became the first sites of conflict between the East India Company and the traditional rulers of Bengal (regional representatives of the Mughal empire), as the Company fought to supplant the rulers' authority and "settle" northern Indian centers of trade by establishing powerful customs and police networks. Sen challenges recent histories that portray the Company as a trading corporation drawn unprepared into the exigencies of warfare in order to protect its ability to engage in trade. He demonstrates instead that, from the beginning, the Company attempted to build a strong and intrusive state in India, and that the first decades of colonial rule entailed much more than the preservation of trade. From the beginning the Company attempted, largely by force and subversion, to dismantle and appropriate successful commercial relationships and, with them, the cultural networks on which they were based. Sen argues that the disorganization that resulted from this dismantling helped to prepare the way for the eventual conquest of India.

The Trading World of Asia and the English East India Company

The Trading World of Asia and the English East India Company PDF Author: K. N. Chaudhuri
Publisher: Cambridge University Press
ISBN: 9780521031592
Category : Business & Economics
Languages : en
Pages : 668

Book Description
"First published 1978"--T.p. verso. Includes bibliographical references and index.

The Dutch and English East India Companies

The Dutch and English East India Companies PDF Author: Adam Clulow
Publisher:
ISBN: 9789462983298
Category : HISTORY
Languages : en
Pages : 0

Book Description
A ground-breaking collection of essays that explores the place of the Dutch and English East India Companies in Asia and the nature of their interactions with Asian rulers, officials, merchants, soldiers and brokers.

Trading Places

Trading Places PDF Author: Anthony Farrington
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 132

Book Description


The Trade of the East India Company from 1709 to 1813

The Trade of the East India Company from 1709 to 1813 PDF Author: Frederick Percival Robinson
Publisher:
ISBN:
Category :
Languages : en
Pages : 212

Book Description


The Asian Trade Revolution

The Asian Trade Revolution PDF Author: Niels Steensgaard
Publisher: University of Chicago Press
ISBN: 0226771458
Category : History
Languages : en
Pages : 442

Book Description
In this work Neils Steensgaard combines an analytical economic approach with detailed historic scholarship to provide an imaginitive and important analysis of a central incident in modern world history. The event is the breaking of the Portuguese monopoly on Asian trade in the seventeenth century by English and Dutch mercantile interests. This change the author demonstrates, was not simply the triumph of the new powers over the old. Rather, the Dutch--English victory heralded a structural change in international trade: the triumph of entrepreneurial capitalism over the older economic mode of the "peddler-merchant." Professor Steensgaard's study is divided into two major parts. The first examines the economic and political structure of the seventeenth century institutions in the Near East, Portugal, England, and the Netherlands. The author demonstrates that the rise to preeminence of the English and Dutch East India Companies over the Portuguese "State of India" was the result of the superior economic and bureaucratic organization of the former. The eclipse of Portuguese power in general, the author argues, is best understood as an institutional failure–an inability to adapt to changing patterns and demands of economic life. The second part of Professor Steensgaard's study provides a detailed historical account of an important event in the fall of the Portuguese trading empire–the loss of the city of Hormuz in 1622. Hormuz, located at a strategic point at the entrance of the Persian Gulf, was a central port city on the Asian trade route. It fell to an English and Persian force. The author demonstrates why this event exemplifies the Portuguese institutional weaknesses that are discussed in the first part of the book.

The East India Company

The East India Company PDF Author: Antony Wild
Publisher:
ISBN: 9781585740598
Category : East Indies
Languages : en
Pages : 0

Book Description
The East India Company haunts the collective psyche of the modern world. Heady images of sailing ships laden with spices, tea, and porcelain on the high seas jostle with darker images of opium, oppression, and greed. In form, like a modern multinational; in action, like an expansionist nation state -- the East India Company was a uniquely British creation which took on the world.

The Business of Empire

The Business of Empire PDF Author: H. V. Bowen
Publisher: Cambridge University Press
ISBN: 1139447882
Category : History
Languages : en
Pages : 296

Book Description
The Business of Empire assesses the domestic impact of British imperial expansion by analysing what happened in Britain following the East India Company's acquisition of a vast territorial empire in South Asia. Drawing on a mass of hitherto unused material contained in the company's administrative and financial records, the book offers a reconstruction of the inner workings of the company as it made the remarkable transition from business to empire during the late-eighteenth century. H. V. Bowen profiles the company's stockholders and directors and examines how those in London adapted their methods, working practices, and policies to changing circumstances in India. He also explores the company's multifarious interactions with the domestic economy and society, and sheds important new light on its substantial contributions to the development of Britain's imperial state, public finances, military strength, trade and industry. This book will appeal to all those interested in imperial, economic and business history.

An Essay on the East-India-trade

An Essay on the East-India-trade PDF Author: Charles Davenant
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 68

Book Description