Arguments about imperial strategy are rehearsed in J.A. Hobson, Imperialism: A Study , London, Constable,
1905; R. Hilferding, Finance Capital: A Study
of the Latest Phase of Capitalist Development , London, Routledge & Kegan Paul,
1981 (translation of Das Finanzkapital , Vienna, 1910). He described the Empire as a
safety-valve for the ‘malaise of industrial capitalism’. The boom in chartered
colonial companies and colonial stocks at the end of the century is charted by M.W. Thomas
(ed), A Survey of English Economic
: Debates on Religious Conversion in India , Oxford, Oxford
University Press, 2003, p. 3.
M. Weber, The
Protestant Ethic and the Spirit of Capitalism , London, Routledge, 1992, and L.R.
Rambo, Understanding Religious
Conversion , New Haven, Yale University Press, 1993, p. 2.
Rambo, Understanding Religious Conversion , pp.
R. Robinson and S. Clarke, Religious Conversion in India: Modes, Motivations and
and smug’. Critics accused him of mismanaging both democratic institutions and the
economy. He valiantly tried to reconcile ethnicity and religion and to square the circles of
socialism, capitalism and
Buddhism. At times he gave the appearance of being all things to all men. U Nu was slightly
otherworldly, an ideological socialist, for example, whereas Ne Win used socialism
In the 1960 election U Nu had promised to make Buddhism the state religion.
It was a vote winner, and