History, asked by shuvohr, 5 months ago

How did the colonies influence Industrialization?​

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Answered by rageshreedas21
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Answer:

Colonial Industrialisation, 1840s-1960s

William Gervase Clarence-Smith

Dependency theorists suggest that the law of comparative

advantage is a confidence trick, perpetrated and enforced by 'core'

countries to prevent 'peripheral' countries from industrialising. Leaving

aside the fetishisation of manufacturing implicit in this approach, this

paper seeks to demonstrate that there was more industrial growth than

is generally realised in the age of high imperialism, even in areas under

formal colonial rule. Industrialisation is defined as the application of

non-human energy and the factory system to the production of goods.

The impact of modern colonial policies was mixed, mainly

positive to 1914, and mainly negative thereafter. As long as free trade

predominated, the tropical world benefited from a roughly level playing

field, with the additional advantage that security costs were met in large

part by metropolitan taxpayers. A neo-mercantilist cycle followed from

1914. Protectionism was eroded after 1945, but only gradually, leaving

today's world less free trading and globalised than it was in 1914.

The periodisation adopted here runs directly counter to the one

that is generally accepted. The 'normal' story is one of muscular free

trade sweeping away existing 'industries', that is artisanal handicrafts,

and preventing modern ones from emerging. The later phases of

imperialism are credited with some timid progress, albeit too little too

late. It is argued here that this traditional way of looking at the problem

stems from an obsessive and unwarranted attention given to the

production of consumer goods for the internal market. When one

embraces a wider view of manufacturing, the period before 1914

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