{"product_id":"mammon-and-the-pursuit-of-empire-abridged-edition-the-economics-of-british-imperialism-paperback-9780521357234","title":"Mammon and the Pursuit of Empire Abridged Edition; The Economics of British Imperialism (Paperback) 9780521357234","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eMammon and the Pursuit of Empire Abridged Edition\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Economics of British Imperialism\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eLance Edwin Davis (Author), Robert A. Huttenback (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521357234, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 24 June 1988\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e320 pages\u003cbr\u003e23.7 x 15.7 x 2.1 cm, 0.485 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eHistorians have so far made few attempts to assess directly the costs and benefits of Britain's investment in empire. This book presents answers to some of the key questions about the economics of imperialism: how large was the flow of finance to the empire? How great were the profits on empire investment? What were the social costs of maintaining the empire? Who received the profits, and who bore the costs? The authors show that colonial finance did not dominate British capital markets; returns from empire investment were not high in comparison to earnings in the domestic and foreign sectors; there is no evidence of continued exploitative profits; and empire profits were earned at a substantial cost to the taxpayer. They depict British imperialism as a mechanism to effect an income transfer from the tax-paying middle class to the elites in which the ownership of imperial enterprise was heavily concentrated, with some slight net transfer to the colonies in the process.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: General \u0026amp; world history [\u003ca title=\"See our other books on General \u0026amp; world history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22General%20\u0026amp;%20world%20history%20%5BHBG%5D%22\"\u003eHBG\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":45913163301144,"sku":"9780521357234","price":41.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521357234i_b099a2d2-3b80-4ebb-9c65-fb1daa6c3d29.jpg?v=1691375636","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/mammon-and-the-pursuit-of-empire-abridged-edition-the-economics-of-british-imperialism-paperback-9780521357234","provider":"Freshly Printed Books","version":"1.0","type":"link"}