Jump to ContentJump to Main Navigation
Rulers, Townsmen and BazaarsNorth Indian Society in the Age of British Expansion 1770-1870$
Users without a subscription are not able to see the full content.

C.A. Bayly

Print publication date: 2012

Print ISBN-13: 9780198077466

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780198077466.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 18 July 2018

The Crisis of the North Indian Political Economy, 1825–45

The Crisis of the North Indian Political Economy, 1825–45

(p.318) Chapter 7 The Crisis of the North Indian Political Economy, 1825–45
Rulers, Townsmen and Bazaars

C. A. Bayly

Oxford University Press

This chapter focuses on the crisis in the political economy of north India during the period from 1825 to 1845. It suggests that the most striking fact about the downturn of the 1830s in north India was the way in which a wide range of adverse climatic, ecological, and monetary conditions converged. It explains that this crisis resulted from a disturbance of the links between state, commerce and agrarian society which had been established after 1740. It also argues that the decline of princely consumption and agrarian patronage in the intermediate economy magnified the disruption caused by a political assault on the north Indian monetary system and the collapse of the false commercial economy which had remitted its Europeans' political perquisites to Britain. This was not a crisis of modernisation, it represented the impact on the Indian localities of imperialism.

Keywords:   political economy, north India, commerce, agrarian society, agrarian patronage, commercial economy, princely consumption, Indian monetary system, imperialism

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .