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Merchants and Colonialism: Freedom, Resistance, and Statelessness in Upland Northeast India
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Amiya Kumar Bagchi’s Merchants and Colonialism is a landmark work in economic history and sociology. The author shows us how colonial rule put traders and manufacturers under immense pressure, forcing them to look for survival strategies in a changed economic environment. This resulted in long-term de-industrialization and irreversible damage to traditional modes of production, which had far-reaching economic consequences for India after Independence.