The kernel of truth to what he’s saying is that a lot of colonies where on paper economic losses for the colonizers. But the benefits of colonization were often more geo-political than economic, and also the economic benefits were often not as straight forwardly easy to calculate.
The kernel of truth to what he’s saying is that a lot of colonies where on paper economic losses for the colonizers. But the benefits of colonization were often more geo-political than economic, and also the economic benefits were often not as straight forwardly easy to calculate.