“Financially: All attention is engrossed in devising new modes of taxation, without any adequate effort to increase the means of the people to pay; and the consequent vexation and oppressiveness of the taxes imposed, imperial and local. Inequitable financial relations between England and India, i. e., the political debt of,100,000,000 clapped on India's shoulders, and all home charges also…”

— Dadabhai Naoroji

Drain Theory

Adopted from Wikiquote. Last update Jan. 23, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Financially: All attention is engrossed in devising new modes of taxation, without any adequate effort to increase the …" by Dadabhai Naoroji?

Dadabhai Naoroji 15

Indian politician 1825–1917

Related quotes

“The British have been particularly shy about the issues of financial regulation, and attentive only to the interests of the City – hence their reluctance to see the introduction of a tax on financial transactions and tax harmonisation in Europe.”

François Hollande (1954) 24th President of the French Republic

As quoted in "New French leader fires a broadside at Britain: You only care about the City of London, says President Hollande" http://www.dailymail.co.uk/news/article-2141040/Francois-Hollande-French-president-says-Britain-cares-City.html (8 May 2012), Daily Mail.

“The future life of Europe was not their concern; its means of livelihood was not their anxiety. Their preoccupations, good and bad alike, related to frontiers and nationalities, to the balance of power, to imperial aggrandizements, to the future enfeeblement of a strong and dangerous enemy, to revenge, and to the shifting by the victors of their unbearable financial burdens on to the shoulders of the defeated.”

John Maynard Keynes book The Economic Consequences of the Peace

Source: The Economic Consequences of the Peace (1919), Chapter IV, p. 56

“All this was obvious enough at the time even though it was not always put forward exactly in this form and in this language. Schlegel found India "the home of universal religion, the cradle of the noblest human race." J. C. Herder asked the question: "All the peoples of Europe, where are they from?" And he answered: "From Asia." Schopenhauer thought that India was the "fatherland of mankind," and he expressed the hope that European peoples "who stemmed from Asia… would re-attain the holy religions of their home." All this however changed under a growing consciousness of Imperial power and Euro-centricity. New theories reflected new power realities and new Imperial needs. Aryan dispersion from a common centre was retained, but its direction was changed and it became the theory of the Aryan invasion of India. The theory was meant to justify and to help the British Imperialism. The theory has little intellectual respectability left, but it has not lost its political usefulness and it is quite popular with the representatives of preceding Imperialisms and their Hindu apologists.”

Ram Swarup (1920–1998) Indian historian

Hindu View of Christianity and Islam (1992)

“The evolution of the concept of a national news agency Press Trust of India] was the direct consequence of the spirit of independence that swept the country since the days of the Quit India Movement. The desire to shake off the imperial domination in the field of news supply was at the heart of this evolving thought.”

Ramnath Goenka (1904–1991) Indian politician

As Chairman of Press Trust of India in [K. M. Shrivastava, News Agencies from Pigeon to Internet, http://books.google.com/books?id=MHujEBLJcvIC&pg=PA58, 2007, Sterling Publishers Pvt. Ltd, 978-1-932705-67-6, 45]

“The link between Betty Mahmoody’s “Not Without My Daughter” and Azar Nafisi’s [Reading Lolita in Tehran] is the link between two phases and modes of labor migration, the moral salvation that “the West” provides, and imperial hubris. What is paramount in all of these is the denigration of local cultures as the site of actual or potential resistance to imperial domination. There cannot be any politics of resistance, aesthetics of emancipation, or prose and poetry of agential autonomy in history for people around the world—nothing except a Starbucks Coffee version of the so-called “Western classics” to go and save them.”

Hamid Dabashi (1951) American academic

http://www.zmag.org/content/showarticle.cfm?ItemID=10707 Interview with Znet

“Leave off the 'financially'. Let the financial be the result of honest, sincere desire to be and live so that others may know the way also. Good gives the increase.”

Edgar Cayce (1877–1945) Purported clairvoyant healer and psychic

Many Mansions Chapter 20 - A Philosophy of Vocational Choice
Cayce answered this to another financial related question In what field of endeavor am I most likely to succeed financially?
On Vocational Choices

“Thus Hindu society not only presents itself as a prey to these exclusive, intolerant and imperialist ideologies but also acts as a buffer between them. India is secular because India is Hindu. It can be added as a corollary that India is a democracy also because India is Hindu. If Hindu society permits this free for all any further, the days of Secularism and Democracy in this country are numbered. Let the Hindus unite and save themselves, their democratic polity, their secular state, and their Sanatana Dharma for a new cycle of civilization, not only for themselves but also the world.”

Sita Ram Goel (1921–2003) Indian activist

Hindu Society under Siege (1981, revised 1992)

“The vampire capitalist class impose all the taxes, and pay none.”

George Fitzhugh (1806–1881) American activist

Source: Cannibals All!, or Slaves Without Masters (1857), p. 175

“The success with which we have met in all of these undertakings is a matter of universal knowledge. We are at peace with all the world. Those of this generation who passed through the World War have had an experience which will always cause them to realize what an infinite blessing peace is. We are in an era of unbounded prosperity. The financial condition of our National Government is beginning to be more easy to be borne. While many other nations and many localities within our own country are struggling with a burden of increased debts and rising taxes, which makes them seek for new sources from which by further taxation they can secure new revenues, we have made large progress toward paying off our national debt, have greatly reduced our national taxes, and been able to relieve the people by abandoning altogether many sources of national revenue. We are not required to look altogether to the future for our rewards and find in our lot nothing but sacrifices for the present. Now, here, to-day, we are all able to enjoy those benefits which come from universal peace and nation-wide prosperity.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Ways to Peace (1926)

“More than 20 years earlier a small band of Hindu students and thoughtful gentlemen used to meet secretly to discuss the effects of British rule in India. The home charges and the transfer of capital from India to England in various shapes, and the exclusion of the children of the country from any share or voice in the administration of their own country, formed the chief burden of their complaint.”

Dadabhai Naoroji (1825–1917) Indian politician

As the theoretician of the "Drain Theory", he explained in his lecture delivered at the East Indian Association, London on 2 May 1867 in Forerunners of Dadabhai Naoroji’s Drain Theory, 3 December 2013, Jstor Organization http://www.jstor.org/discover/10.2307/4411389?uid=3738256&uid=2129&uid=2&uid=70&uid=4&sid=21103047963541,
Drain Theory

Help us to complete the source, original and additional information

Dadabhai Naoroji 15

Related quotes

Related topics