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The Anarchy

by William Dalrymple

A trading company becomes a colonial power

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Awards & Recognition

  • Award recognition

    Cundill History Prize finalist

    Named a finalist for the Cundill History Prize.

  • Editorial selection

    NPR Best Book of the Year

    Named a best book of the year by NPR.

  • Critical praise

    Praised by The New York Times Book Review

    Positive review praise describing the book as superb, vivid, richly detailed, and worth reading by everyone.

AlbakiReads Editorial

A trading company becomes a colonial power

William Dalrymple traces the East India Company’s transformation from a commercial enterprise into a force governing territory in India. Beginning with its 1765 victory over the young Mughal emperor and the government English traders established afterward, the account follows the company’s expanding reach over the next 47 years. It places this shift against the decline of the Mughal Empire, once a major force in trade and manufacturing, and examines how authority over Indian wealth came to rest with a corporation based in London and answerable to distant shareholders. The book’s central historical question is how corporate power reshaped rule—and with what consequences.

Good fit for readers who enjoy

  • Readers interested in the East India Company and British colonial history.
  • Readers seeking an account of the Mughal Empire’s decline and the changing forces of power in India.
  • Readers interested in the history of corporations and political authority.

Themes

Corporate power and colonial ruleThe East India CompanyThe decline of the Mughal EmpireTrade, taxation, and wealth

Based on publisher information and book metadata.

Book overview

Finalist for the Cundill History Prize

ONE OF PRESIDENT BARACK OBAMA'S FAVORITE BOOKS OF THE YEAR

NAMED A BEST BOOK OF THE YEAR BY The Wall Street Journal and NPR

"Superb ... A vivid and richly detailed story ... worth reading by everyone." -The New York Times Book Review

From the bestselling author of Return of a King, the story of how the East India Company took over large swaths of Asia, and the devastating results of the corporation running a country.

In August 1765, the East India Company defeated the young Mughal emperor and set up, in his place, a government run by English traders who collected taxes through means of a private army.

The creation of this new government marked the moment that the East India Company ceased to be a conventional company and became something much more unusual: an international corporation transformed into an aggressive colonial power. Over the course of the next 47 years, the company's reach grew until almost all of India south of Delhi was effectively ruled from a boardroom in the city of London.

The Anarchy tells one of history's most remarkable stories: how the Mughal Empire-which dominated world trade and manufacturing and possessed almost unlimited resources-fell apart and was replaced by a multinational corporation based thousands of miles overseas, and answerable to shareholders, most of whom had never even seen India and no idea about the country whose wealth was providing their dividends. Using previously untapped sources, Dalrymple tells the story of the East India Company as it has never been told before and provides a portrait of the devastating results from the abuse of corporate power.

Bronze Medal in the 2020 Arthur Ross Book Award

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