“There is no doubt that our grievances against the British Empire had a sound basis for. As the painstaking statistical work of the Cambridge historian Angus Maddison has shown, India's share of world income collapsed from 22.6% in 1700, almost equal to Europe's share of 23.3% at that time, to as low as 3.8% in 1952. Indeed, at the beginning of the 20th Century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.”

On the effect of British colonialism on India's economy, as quoted in "Address by Prime Minister Dr Manmohan Singh at Oxford University" https://web.archive.org/web/20070213050232/http://www.thehindu.com/thehindu/nic/0046/pmspeech.htm, The Hindu (8 July 2005)
2001-2005

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "There is no doubt that our grievances against the British Empire had a sound basis for. As the painstaking statistical …" by Manmohan Singh?
Manmohan Singh photo
Manmohan Singh 27
13th Prime Minister of India 1932

Related quotes

David Harvey photo

“The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.”

David Harvey (1935) British anthropologist

Introduction to the 2006 Verso Edition, p. xi
The Limits To Capital (2006 VERSO Edition)

Simon Kuznets photo

“An invariable accompaniment of growth in developed countries is the shift away from agriculture, a process usually referred to as industrialization and urbanization. The income distribution of the total population, in the simplest model, may therefore be viewed as a combination of the income distributions of the rural and of the urban populations. What little we know of the structures of these two component income distributions reveals that: (a) the average per capita income of the rural population is usually lower than that of the urban;' (b) inequality in the percentage shares within the distribution for the rural population is somewhat narrower than in that for the urban population… Operating with this simple model, what conclusions do we reach? First, all other conditions being equal, the increasing weight of urban population means an increasing share for the more unequal of the two component distributions. Second, the relative difference in per capita income between the rural and urban populations does not necessarily drift downward in the process of economic growth: indeed, there is some evidence to suggest that it is stable at best, and tends to widen because per capita productivity in urban pursuits increases more rapidly than in agriculture. If this is so, inequality in the total income distribution should increase”

Simon Kuznets (1901–1985) economist

Source: "Economic growth and income inequality," 1955, p. 7 as cited in: Anthony Barnes Atkinson, François Bourguignon, Handbook of Income Distribution, Vol. 1. Elsevier, 2000 p. 799

Rajiv Malhotra photo
Stephen Harper photo
Veikko Vennamo photo
Warren Farrell photo

“A person working 45 hours per week averages 44% more income than someone working 40 hours per week. That’s 44% more income for 13% more time.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: Why Men Earn More (2005), p. xviii.

Thomas Piketty photo
Johan Norberg photo
Paul Beatty photo
Omar Bradley photo

Related topics