mughal-empire

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April 10, 2026

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April 10, 2026

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"The above remarks about conservatism could be made with equal or even greater force about the Mogul Empire. Despite the sheer size of the kingdom at its height and the military genius of some of its emperors, despite the brilliance of its courts and the craftsmanship of its luxury products, despite even a sophisticated banking and credit network, the system was weak at its core. A conquering Muslim elite lay on top of a vast mass of poverty-stricken peasants chiefly adhering to Hinduism. In the towns themselves there were very considerable numbers of merchants, bustling markets, and an attitude towards manufacture, trade, and credit among Hindu business families which would make them excellent examples of Weber's Protestant ethic. As against this picture of an entrepreneurial society just ready for economic "takeoff" before it was a victim of British imperialism, there are the gloomier portrayals of the many indigenous retarding factors in Indian life. The sheer rigidity of Hindu religious taboos militated against modernization: rodents and insects could not be killed, so vast amounts of foodstuffs were lost; social mores about handling refuse and excreta led to permanently insanitary conditions, a breeding ground for bubonic plagues; the caste system throttled initiative, instilled ritual, and restricted the market; and the influence wielded over Indian local rulers by the Brahman priests meant that this obscurantism was effective at the highest level. Here were the social checks of the deepest sort to any attempts at radical change. Small wonder that later many Britons, having first plundered and then tried to govern India in accordance with Utilitarian principles, finally left with the feeling that the country was still a mystery to them."

- Economy of the Mughal Empire

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"May 12th, on Saturday the 29th of Rajab the examination and distribution of the treasure were begun. To Humāyūn were given 70 lakhs from the Treasury, and, over and above this, a treasure house was bestowed on him just as it was, without ascertaining and writing down its contents. To some begs 10 lakhs were given, 8, 7, or 6 to others. Suitable money-gifts were bestowed from the Treasury on the whole army, to every tribe there was, Afghān, Hazāra, ‘Arab, Bīlūch, etc. to each according to its position. Every trader and student, indeed every man who had come with the army, took ample portion and share of bounteous gift and largess. To those not with the army went a mass of treasure in gift and largess, as for instance, 17 lakhs to Kāmran, 15 lakhs to Muḥammad-i-zamān Mīrzā, while to ‘Askarī, Hindāl and indeed to the whole various train of relations and younger children went masses of red and white (gold and silver), of plenishing, jewels, and slaves. Many gifts went to the begs and soldiery on that side (Tramontana). Valuable gifts (saughāt) were sent for the various relations in Samarkand, Khurāsān, Kāshghar and ‘Irāq. To holy men belonging to Samarkand and Khurāsān went offerings vowed to God (nuẕūr); so too to Makka and Madīna. We gave one shāhrukhi for every soul in the country of Kābul and the valley-side of Varsak, man and woman, bond and free, of age or non-age."

- Economy of the Mughal Empire

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