A report by Oxfam reveals that Britain’s richest 10% extracted $34 trillion from India between 1765 and 1900, accounting for nearly half of the wealth taken during colonial rule.
The report, titled "Takers Not Makers," highlights colonialism's devastating effects, including the decline of India’s industrial output from 25% of the global share in 1750 to just 2% by 1900.
It also emphasizes lasting global inequality, with wealth continuing to flow to billionaires, predominantly in the Global North, echoing colonial structures.
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