Well, I understand that British Imperial expansion was opposed by prominnt members of the British elite (Disraeli ?), for what that's worth.
--- On Fri, 4/3/09, MICHAEL YATES <mikedjyates at msn.com> wrote:
> From: MICHAEL YATES <mikedjyates at msn.com>
> Subject: [lbo-talk] Paul Krugman on the British Empire
> To: lbo-talk at lbo-talk.org
> Date: Friday, April 3, 2009, 7:12 PM
>
> In Paul Krugman's New York Times column today, he says,
> "China acquired its $2 trillion stash--
> turning the People's Republic into the T-Bills
> Republic--the same way Britain acquired
> its empire: in a fit of absence of mind." I found the
> part I put in bold mind-boggling.
>
> Maybe that is the way the nobility and the merchants took
> possession of peasant land
>
> in Britan proper too.
>
>
>
> Michael Yates
>
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