The British Government didn't conquer India. A startup did.
In 1599, a group of merchants gathered in a London office to form a venture. Two hundred years later, that venture controlled half the world’s trade and commanded a private army of 260,000 men—twice the size of the British Royal Army.
In this episode, we distill William Dalrymple’s masterpiece, The Anarchy, to understand how the East India Company became the original "Too Big To Fail" corporation.
Part 1: We track the rise of the EIC from a pirate band to a sovereign power. How did a board of directors in London effectively buy the Indian subcontinent using money borrowed from Indian bankers?
Part 2: We cross-reference Dalrymple’s thesis with economic data from Angus Maddison and the Revisionist School of history.
Was 18th-century India really in "anarchy," or is that a colonial myth?
Did the Company "drain" India, or just de-industrialize it? (We look at the GDP numbers).
Part 3: History is useless if you can't use it. We extract three brutal lessons for modern leaders:
Supply Chain Resilience: How the "Opium Pivot" teaches us about the "China Plus One" strategy.
Governance: The dangers of the "Imperial CEO" operating with zero oversight.
Political Risk: Why the state always wins in the end.
Distill the wisdom. Ignore the noise.Hit the bell icon to get notified for next week’s episode.
📚 Research & Sources: Ep.2 Research Companion