01496 a2200181 4500999001700000020001800017082002100035100001800056245003000074260004000104300001200144504001800156520088400174650004601058700002301104942001201127952017501139 c26550d26550 a9780199486687 a380.10954bBAG-M aBagchi, Amiya aMerchants and Colonialism bOxford University Press aUSAc2019 a160, pp aInclude Index aMerchants and Colonialism is part of the Occasional Papers series circulated by the Centre for Studies in Social Sciences, Kolkata. Amiya Bagchi provides a historiographic account of the traditional role of merchants in pre colonial India and identifies how these roles were different from the role of the capitalist in post-colonial India. In general, the behaviour of merchants in precapitalist societies was, according to Bagchi, widely different from that of capitalists in developed capitalist societies. In developed capitalist societies, capitalists, generally with state support, played a very important part in modifying techniques of production and seeking ways of expanding their markets. By contrast, the pace of modification of techniques of production was slower in precapitalist societies and owners of capital did not play a significant role in such modification. aMerchantsvColonialismvIndustrial policy aChaudhuri, Rosinka 2ddccBK 00104070aNASSDOCbNASSDOCd2021-02-04eOverseas Press India Private Limitedg215.35i2021-01-27l0o380.10954 BAG-Mp51262r2021-02-12 00:00:00v295.00w2021-02-12yBK