The Corporation That Changed the World

"A powerful analysis of the rise and fall of the British East India Company, a private company that conquered a subcontinent and subjugated an entire people."—Huw Bowen, Swansea University "Elegantly written and sharply argued, Nick Robins' gripping account of the rise and fall of the English East India Company brings to life a crucial episode in the history of globalization."—Sankar Muthu, University of Chicago The English East India Company was the mother of the modern multinational. Its trading empire encircled the globe, importing Asian luxuries such as spices, textiles, and teas. But it also conquered much of India with its private army and broke open China's markets with opium. The Company's practices shocked its contemporaries and still reverberate today, offering lessons about unfettered capitalism, corporate responsibility, and the legacy of colonialism. The Corporation That Changed the World is the first book to reveal the Company's enduring legacy as a corporation. This expanded edition explores how the four forces of scale, technology, finance, and regulation drove its spectacular rise and fall. For decades, the Company was simply too big to fail, and stock market bubbles, famines, drug-running, and even duels between rival executives are to be found in this new account. Table of Contents: Introduction Chronology 1 The Hidden Wound 2 The Imperious Company 3 Out of the Shadows 4 The Bengal Revolution 5 The Great East Indian Crash 6 Regulating the Company 7 Justice Will Be Done 8 The Toxic Exchange 10 The Unfettered Business Epilogue For Robins, the Company's story provides vital lessons on both the role of corporations in world history and the steps required to make global business accountable today.