"...for almost 200 years, there was a systematic transfer of wealth from India to Europe. Although Britain may have been the primary beneficiary, it's allies in Europe and the new world benefited no less. British Banks used their Indian capital to fund industry in the US, Germany and elsewhere in Europe. The industrial revolution and the development of modern capitalism was based on the colonization of India and the rest of the world. It was the forced pauperization of the colonized world that allowed nations such as Britain, or the US to industrialize and "modernize". Any serious analysis of modern capitalism must take this into account."
READ MORE ABOUT THE BRITISH EAST INDIA COMPANY