More 'Anglicised' Deeply Integrated British Empire

True, the highly protectionist state interventionist Indian style of economic management was in part a reaction to Imperial rule.

This has echoes of 19th century US protectionism, to build-up self-sufficient local industry against the British.

But American protectionism resulted in massive economic growth, where Indian protectionism resulted in anemic economic growth. The Indian economy has only realized its enormous potential since economic liberalization began during the 1990's.

Also note that in the mid-20th century, economic interventionism was pretty much the political fashion in most of the world except for the US (and even the US caught on big time by the 1960's under Kennedy and Johnson).

Economic interventionism was the fashion, but I think that the degree to which one intervenes, and the frame of mind in which intervention is done, is the issue. The Indians OTL were practicing state-directed development, very planned economy, centrally controlled. This was not heavy government incentives and tariff protection to allow local capitalists to thrive (the late 19th Century American model), but a state-controlled, state-owned economy. Nehru and his INC people basically just didn't believe in capitalism. I want to change this outlook, so that the Indian political elite believe in capitalism.

If you have a Home Rule India post-WWI, then maybe post-WWII you have the Americans invest in the Indians? I know that right now the Indian governments is facing several Communist and Maoist insurgent groups. So post-WWII as the Americans commit to a policy of containment against the Soviet Empire, the Indians, more open to the West because of a much less rancorous path to independence, agree to join the American-led "Free World." They have a heavy state involvement in the economy, but it is more in the way of government support to Indian capitalists, rather than government-planned economics.
 
But American protectionism resulted in massive economic growth, where Indian protectionism resulted in anemic economic growth. The Indian economy has only realized its enormous potential since economic liberalization began during the 1990's.



Economic interventionism was the fashion, but I think that the degree to which one intervenes, and the frame of mind in which intervention is done, is the issue. The Indians OTL were practicing state-directed development, very planned economy, centrally controlled. This was not heavy government incentives and tariff protection to allow local capitalists to thrive (the late 19th Century American model), but a state-controlled, state-owned economy. Nehru and his INC people basically just didn't believe in capitalism. I want to change this outlook, so that the Indian political elite believe in capitalism.

If you have a Home Rule India post-WWI, then maybe post-WWII you have the Americans invest in the Indians? I know that right now the Indian governments is facing several Communist and Maoist insurgent groups. So post-WWII as the Americans commit to a policy of containment against the Soviet Empire, the Indians, more open to the West because of a much less rancorous path to independence, agree to join the American-led "Free World." They have a heavy state involvement in the economy, but it is more in the way of government support to Indian capitalists, rather than government-planned economics.

Have to agree with virtually all of what you said. Protectionism is basically (rightly or wrongly) unavoidable at this time for a third-world nation, but if there is a better relationship between India and the West it would be done in a way that still encourages Western investment, rather than attempts a semi-autarkic state.
 
What range of PODs will be plausible to allow for a British Empire that controls Perhaps India , a seizable chunk of Africa , Much of South East Asia and perhaps more than half of North America and still able to commit (and be willing to) anglicize all their subjects and capable of treating their Anglicized members of their colonies as equals?
 
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