‘UK’s Richest Took $33.8 Trillion from India’
In the UK, a significant number of the richest people today can trace their family wealth back to slavery and colonialism…reports Asian Lite News Between 1765 and 1900, the wealthiest 10% in the UK extracted an estimated $33.8 trillion from India (in today’s value)—enough to cover London’s surface area nearly four times over with £50 notes, according to an Oxfam global report released Monday. According to authors Utsa Patnaik and Prabha Patnaik, of the US$64.82 trillion extracted from India by the UK over a century of colonialism, US$33.8 trillion went to the richest 10 per cent. In the UK, a
