Cronyism, Conquest, and the Myth of British Benevolence The British Empire's dominance in India, often romanticized as a triumph of free markets, rule of law, and civilizing mission, was in reality a masterful orchestration of cronyism, subterfuge, and exploitation spearheaded by the East India Company (EIC). From its inception as a chartered monopoly in 1600 to its dissolution in 1874, the EIC blurred the lines between private profit and public power, collecting taxes from Indians to fund conquests while relying on taxpayer-funded British naval support. The 1858 takeover by the Crown following the 1857 Rebellion institutionalized this system, perpetuating vested interests through the Indian Civil Service, guaranteed investments, and narratives of moral superiority. Comparisons with Dutch and Spanish models highlight Britain's unique hybrid of state-backed corporate impunity. Post-abolition, indentured labor and lascar exploitation reinvented bondage. Anglican churches an...