Challenging the conventional portrayal of Indian-Spanish economic relations in Mexico, this book argues that Indian market behavior was economically rational and voluntary. It further argues that the repartimiento de mercancías, usually described as a system of forced labor and consumption, was designed to overcome imperfections in Mexico's colonial economy and to facilitate the extension of credit.
The concepts of "trade," "market," and "state" both divide historians, economists, and anthropologists, and provide a meeting point for discussion in these disciplines. These essays, originally published in the Indian Economic and Social History Review and available now for the first time in a single volume, provide a comprehensive look at the process of economic change in pre-industrial India; the ways in which markets functioned; the role of individuals merchants in the regional societies of India; the position of mercantile communities as agents and victims of change; and the complex relationships between political states and trading communities.
Claude Markovits tells the story of two groups of Hindu merchants from the towns of Shikarpur and Hyderabad in the province of Sind. Basing his account on previously neglected archival sources, the author charts the development of these communities, from the pre-colonial period through colonial conquest and up to independence, describing how they came to control trading networks throughout the world. While the book focuses on the trade of goods, money and information from Sind to the widely dispersed locations of Kobe, Panama, Bukhara and Cairo, it also throws light on the nature of trading diasporas from South Asia in their interaction with the global economy. This is a sophisticated and accessible book, written by one of the most distinguished economic historians in the field. It will appeal to scholars of South Asia, as well as to colonial historians and to students of religion.
Challenging the conventional portrayal of Indian-Spanish economic relations in Mexico, this book argues that Indian market behavior was economically rational and voluntary. It further argues that the repartimiento de mercancías, usually described as a system of forced labor and consumption, was designed to overcome imperfections in Mexico's colonial economy and to facilitate the extension of credit.
In this remarkable 1994 work of comparative economic history, Stephen Dale studies the activities and economic significance of the Indian mercantile communities which traded in Iran, Central Asia and Russia in the seventeenth and eighteenth centuries. The author uses Russian sources, hitherto largely ignored, to show that these merchants represented part of the hegemonic trade diaspora of the Indian world economy, thus challenging the conventional interpretation of world economic history that European merchants overwhelmed their Asian counterparts in the early modern era. The book not only demonstrates the vitality of Indian mercantile capitalism, but also offers a unique insight into the social characteristics of an Indian expatriate trading community in the Volga-Caspian port of Astrakhan.
This book deals with three main aspects of the history of Indian business: The relationship between business and politics, the position of merchants and businessmen in the economy and society of late colonial India, and how particular merchant networks extended the range of their operations to the entire subcontinent and the wider world.
Lightfoot examines the interactions between Native American communities in California & the earliest colonial settlements, those of Russian pioneers & Franciscan missionaries. He compares the history of the different ventures & their legacies that still help define the political status of native people.
This title examines the structure, scale and complexity of economic systems in the pre-Hispanic Americas, with a focus on the central highlands of Mexico, the Maya Lowlands and the central Andes.
This pioneering work traces migration of Indian traders to Russia, Iran, West Asia and South-East Asia in medieval times. Four essays throw light on the activities of the Indian business community in Russia. Generally Indians came to Russia via Iran. There they took a boat, crossed the Caspian Sea and reached the Russian port of Astrakhan. Indian visitors included Hindus (including Jains), Muslims, Christians, Parsis among others. Hindus constituted the largest segment of the migrants. They became an object of local curiosity because of their rituals and social practices. They also became an object of jealousy. Indians did not enjoy political and administrative support as the European East India Companies did. Occasionally local rulers consulted them and sought their advice. Three essays deal with Indian traders in Iran in the seventeenth and eighteenth centuries. One essay discusses trade between India and Iran in the fifteenth century. There are papers discussing activities of Indian traders in West Asia, Yemen and South East Asia in the seventeenth and eighteenth centuries. The conclusion focuses on Indian merchants and the Indian Ocean in medieval times. The author concludes that Indian traders did not enjoy political and royal support, essential for success. He also affirms that crossing the seas did not lead to social boycott by their caste-men. This taboo came much later, probably with the advent of British rule in the nineteenth century.
Smuggling as Subversion is the first comprehensive account of the opium industry in western India during the colonial period, from its beginnings to the mid-19th century. This is an in-depth examination of the use of opium during colonial times, and at the same time the fascinating story of how Indian merchants developed a smuggling enterprise that subverted the East India Company's monopoly in the drug, setting in motion a chain of events that led to the first Opium War in China.
