Just in time for the weekend:
What took the place of the colonial trading economy was an over-centralized political system, with the state adding the roles of banker, industrialist and landlord to that of merchant monopolist and bureaucratic provider. A dispersed population of small farmers constituted its material base and, with the state apparatus weighing down so heavily on a captive peasantry, something had to give.
There is much, much more here. From the economic anthropologist Keith Hart. Happy Friday to all.