The Origins and Development of the Fabian Society | The british east india company

What is Fabian society short note?
The Fabian Society is a British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow.

The British East India Company was a British commercial and political
organization established in India in the late 1600’s, which was known
as the Governor and Company of Merchants of London. A forerunner
of this group was the London Mercers Company, and earlier than that,
the London Staplers. The organization traced their lineage back to the
ancient commercial groups involved in trading between the
Mediterranean and India. They were closely related to the Levant
Company, and the Anglo-Muscovy Company, and spawned the London
Company, which was chartered in 1606 by King James I, to establish
the Virginia Plantation on a communistic basis, and the Plymouth
Colony in 1621.
It was mainly organized for trading, but soon became an agent for
British imperialism. Bending to government pressure, they reorganized
in 1702. Every year, 24 Directors were elected by the Court of
Proprietors (or shareholders, a majority of which were English
Masons). They traded in cotton, tea, silk, and salt peter; and were
accused of dealing with opium and participating in the slave trade.
They virtually monopolized all trade from South India, the Persian Gulf,
Southeast Asia and East Asia.
Indian policy was influenced by the company from 1757 to 1773, when
their power was broken by the 1773 Regulatory Act, and Pitt’s India Act
of 1784, finally ending their monopoly in 1813. When they ceased to
exist in 1873, many of its shareholders were major financiers. The
principals of this group perpetuated their elitist goals by establishing
the Fabian Society.

The Influence of Fabian Society on English Social LiteratureWhat is Fabian society short note?
What is the Fabian policy?
Why is the Fabian strategy important?
Who founded the Fabian Society?
Who was part of the Fabian Society?
Who is the Fabian strategy named after?
What does Fabianism mean in English?
What is the origin of the name Fabian?
What was the modified Fabian strategy?
Who invented Fabian tactics?
Can I join the Fabian Society?
Were Fabian societies socialists who favored reforming society by means?
What did the British East India Company do?
Who owned the British East India Company?
When did the British East India Company go to India?
Who was the king of British East India Company?

East India Company | Definition, History, & Facts
The Fabianization of the British Empire
Fabian Society | socialist society - Encyclopedia Britannica #eastindiacompany #history #historybooks #historyfacts #booksreader