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Conclusion

Published online by Cambridge University Press:  16 November 2023

Sudev Sheth
Affiliation:
University of Pennsylvania
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Summary

A short conclusion ties major findings of Bankrolling Empire to wider understandings of early modern political economy in India, and to the comparative history of such transitions world-wide in that crucial period. Scholars such as Braudel, Wallerstein, Mann, and Goldstone have done major work on this period, and the story of the Mughal Empire, the Jhaveri family, and new political upstarts offered in this book helps to fill important gaps on the world scene. By focusing on how four generations of a single business family interacted with sources of political authority in South Asia, we learn how a major imperial formation atrophied, and the mechanisms by which various smaller successor states relied on finance to emerge in its wake. This work suggests that business leaders like the Jhaveris were not complacent, but maintained a keen eye towards political developments of the day. When opportunities arose, they relied on their expertise and wealth to shape political power. In the twenty-first century, as relationships between private capital and political authority continue to be intertwined, this work reminds us that while politics certainly impacts business, commercial actors often possess greater resources that can reorient the very contours of state power and its capacity to govern.

Type
Chapter
Information
Bankrolling Empire
Family Fortunes and Political Transformation in Mughal India
, pp. 290 - 297
Publisher: Cambridge University Press
Print publication year: 2023

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  • Conclusion
  • Sudev Sheth, University of Pennsylvania
  • Book: Bankrolling Empire
  • Online publication: 16 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009330213.009
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  • Conclusion
  • Sudev Sheth, University of Pennsylvania
  • Book: Bankrolling Empire
  • Online publication: 16 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009330213.009
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • Sudev Sheth, University of Pennsylvania
  • Book: Bankrolling Empire
  • Online publication: 16 November 2023
  • Chapter DOI: https://doi.org/10.1017/9781009330213.009
Available formats
×