Colonialism Never Ended. It Just Became Capitalism

First they raped us. Now they’ve come for the whole Earth

indi.ca
6 min readJan 21, 2021
Still from Burna Boy’s Another Story

Colonialism WAS capitalism. We were colonized by private companies. Sri Lanka still has VoC coins in the soil. People forget that we were colonized and enslaved for profit, not pride. Kings and queens took tribute, most of the theft and brutality was overseen by Boards of Directors. We were colonized by capital.

Colonialism IS capitalism because it never ended. Modern capital markets began with the Dutch East India Company (VoC) in 1602. That was the first IPO. Colonial companies still operate today. Unilever, which used forced labor in Africa, is literally selling whitening cream back to colonized people today. The UK was paying reparations to descendants of enslavers until 2015. Some white assholes were collecting slavery checks just six years ago.

At its peak the VoC was worth twice the market cap of Amazon, Google, Microsoft, and Apple combined. The bloody age of colonization was the golden age of capitalism. It’s the same thing, and of course it never ended. You think these fuckers just left all that money on the table because they grew a conscience? LOL. Colonizers just started working from home. It became colonialism in the cloud.

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indi.ca

Indrajit (Indi) Samarajiva is a Sri Lankan writer. Follow me at www.indi.ca, or just email me at indi@indi.ca.