The English East India Company was one of the most powerful and enduring organizations in history. Between Monopoly and Free Trade locates the source of that success in the innovative policy by which the Company's Court of Directors granted employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics, decision-making processes, and ports and organizational context, Emily Erikson demonstrates why the English East India Company was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why England experienced rapid economic development and how the relationship between Europe and Asia shifted in the eighteenth and nineteenth centuries. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade in Asia to their employees, creating an unusual situation in which employees worked both for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the Company and the sophisticated commercial institutions of the markets of the East, employees constructed a cohesive internal network of peer communications that directed English trading ships during their voyages. This network integrated Company operations, encouraged innovation, and increased the Company’s flexibility, adaptability, and responsiveness to local circumstance. Between Monopoly and Free Trade highlights the dynamic potential of social networks in the early modern era.

The East India Company haunts the collective psyche of the modern world. Heady images of sailing ships laden with spices, tea, and porcelain on the high seas jostle with darker images of opium, oppression, and greed. In form, like a modern multinational; in action, like an expansionist nation state -- the East India Company was a uniquely British creation which took on the world.

"First published 1978"--T.p. verso. Includes bibliographical references and index.

The East India Company at Home, 1757–1857 explores how empire in Asia shaped British country houses, their interiors and the lives of their residents. It includes chapters from researchers based in a wide range of settings such as archives and libraries, museums, heritage organisations, the community of family historians and universities. It moves beyond conventional academic narratives and makes an important contribution to ongoing debates around how empire impacted Britain. The volume focuses on the propertied families of the East India Company at the height of Company rule. From the Battle of Plassey in 1757 to the outbreak of the Indian Uprising in 1857, objects, people and wealth flowed to Britain from Asia. As men in Company service increasingly shifted their activities from trade to military expansion and political administration, a new population of civil servants, army officers, surveyors and surgeons journeyed to India to make their fortunes. These Company men and their families acquired wealth, tastes and identities in India, which travelled home with them to Britain. Their stories, the biographies of their Indian possessions and the narratives of the stately homes in Britain that came to house them, frame our explorations of imperial culture and its British legacies.

On the eve of the British conquest of India, northern India was rich in marketplaces that served as centers for an extensive and vigorous organization of inland and oceanic trade. Indigenous commercial practice, which the British never fully understood, was based on an intricate network of social, political, and religious relationships. In Empire of Free Trade, Sudipta Sen demonstrates that these marketplaces became the first sites of conflict between the East India Company and the traditional rulers of Bengal (regional representatives of the Mughal empire), as the Company fought to supplant the rulers' authority and "settle" northern Indian centers of trade by establishing powerful customs and police networks. Sen challenges recent histories that portray the Company as a trading corporation drawn unprepared into the exigencies of warfare in order to protect its ability to engage in trade. He demonstrates instead that, from the beginning, the Company attempted to build a strong and intrusive state in India, and that the first decades of colonial rule entailed much more than the preservation of trade. From the beginning the Company attempted, largely by force and subversion, to dismantle and appropriate successful commercial relationships and, with them, the cultural networks on which they were based. Sen argues that the disorganization that resulted from this dismantling helped to prepare the way for the eventual conquest of India.

A ground-breaking collection of essays that explores the place of the Dutch and English East India Companies in Asia and the nature of their interactions with Asian rulers, officials, merchants, soldiers and brokers.