★★★★★ WILLIAM DALRYMPLE: THE ANARCHY Masterly history of the first rogue corporation
Britain's privatised empire of loot in India – and its lessons for today
  
            Serious historians don’t much care for counter-factual speculations. Readers, however, often enjoy them. So here’s mine. In 1780, the seemingly invincible forces of the East India Company had suffered a crushing defeat at Pollilur, west of Madras. It was inflicted by the well-drilled Mysore armies of Haidar Ali and his legendary warrior son, Tipu Sultan. Backed by French arms and expertise, the Mysore forces had allied with the rulers of Bengal and Avadh (roughly, today’s Uttar Pradesh) to resist the merchants-turned-conquerors from London.