Imperial law criminalized indigenous Indian speculative practices as gambling

Evidence

After 1895 (just as the conflict between agrarians and futures markets came to a head in the United States), colonial regulation of indigenous futures trading intensified in India. A set of formal demarcations of “legitimate speculative activity” were pushed forward in a concerted attempt to police what was denigrated as “recreational gambling” in local colonial bazaars (Bhattacharyya 2019; Goswami 1991). — Aris Komporozos-Athanasiou, Speculative Communities, 197

Categorization

• XREF: connects to: A late-nineteenth-century crusade criminalized victimless vices like obscenity and gambling — Lawrence M. Friedman and Grant M. Hayden, American Law: An Introduction, 818

Broader Connections

• A late-nineteenth-century crusade criminalized victimless vices like obscenity and gambling #corroborates (0.82) — Lawrence M. Friedman and Grant M. Hayden, American Law, 818