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> Well, India did have 31% of the world's GDP before they looted it and left it with 2%. That's a misleading statistic, because your share of world GDP could g
by jcranmer 4y ago
> Well, India did have 31% of the world's GDP before they looted it and left it with 2%.
That's a misleading statistic, because your share of world GDP could go down merely from other people skyrocketing in GDP faster than you are. And, given the timeframe we're talking about, "other people skyrocketing in GDP" is precisely what happened (namely, the Industrial Revolution).
The statistic that is more useful is real GDP per capita, and what the trajectory looks like before and during British rule (though I suspect this won't make the British look good either).