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British East India Company: Wars
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Marx lists a number of wars of conquest waged by the British East India Company. The war in the Carnatic (a principality in South-Eastern India) lasted at intervals from 1746 to 1763. The warring sides-the British and French East India Companies-sought to subjugate the Carnatic under the guise of supporting different local pretenders to the principality. The British, who in January 1761 took possession of Pondichery, the principal French bastion in the south, ultimately won the day.
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Warm words were equally insufficient for Rafael and the other Armenian merchants back in the time of the East India Company. When the Company’s directors arrogantly brushed them aside, they went to court, suing the Company’s chief executive in the region, Harry Verelst, for damages. An intense legal battle then unfolded with claim and counter-claim lasting until 1777, when the courts found Verlest guilty of “oppression, false imprisonment and singular depredations.” The Armenians won a total of £9,700 in compensation -- over £800,000 in today’s money. Thousands of miles away from the scene of the crime, the principle of extraterritorial liability for corporate malpractice had been established in Georgian London.
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A warehouse owned by the British East India company found itself in the list of chronic defaulters who did not pay their dues to the Central Electricity Supply Utility (CESU) in Orissa. The warehouse, the CESU defaulter’s list showed, had dues totalling about Rs. 68000.
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It was as a result of the Dutch East India Company that South Africa became colonized by the Dutch. It was seen as a good staging post along the spice trade route, and the area around the Cape of Good Hope was set up as a refreshment station. Although it was not in the original mandate to colonize South Africa, this soon changed due to greed and the need for slaves, and war broke out between the indigenous Khoikhoi and the Dutch.
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