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The Anarchy : The Relentless Rise of the East India Company NY sometimes clumsy dialectic of theThe story of how the East India Company took over large swaths of Asia, and the devastating results of the corporation running a country. In August 1765, the East India Company defeated the young Mughal emperor and set up, in his place, a government run by English traders who collected taxes through means of a private army. The creation of this new government marked the moment that the East India Company ceased to be a conventional company and became