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Showing posts with the label "financial prudence"
Reading about the horrors of the British rule/Raj in India, in Inglorious Empire , one cannot help but relate to such a conclusion made by "the doughty nationalist Lala Lajpat Raj:  'The British are not a spiritual people. They are either a fighting race or a commercial nation. It would be throwing pearls before swine to appeal to them in the name of higher morality or justice or on ethical grounds. They are a self-reliant people, who can appreciate self-respect and self-reliance even in their opponents.' The British tended to base their refusal to intervene in famines with adequate government measures on a combination of three sets of considerations: free trade principles (do not interfere with market forces), Malthusian doctrine (growth in population beyond the ability of the land to sustain it would inevitably lead to deaths) and financial prudence (don't spend money we haven't budgeted for). On these grounds, Britain had not intervened to save lives in Ire...