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Empire: World History

360. Spice Wars: The Battle of the East India Companies (Ep 3)

Empire: World History

Goalhanger

History

4.55.4K Ratings

🗓️ 17 May 2026

⏱️ 54 minutes

🧾️ Download transcript

Summary

What caused the mighty Dutch East India Company to plummet from immense Golden Age wealth to total bankruptcy? Who was ‘Peter Pepper’, and how did his stolen plants end the VOC's spice monopoly? And how did a tiny Caribbean island spark the Fourth Anglo-Dutch War simply by saluting the American flag? Get the entire Dutch Empire miniseries early and ad-free by joining the Empire Club at ⁠⁠empirepoduk.com⁠ ⁠ In Episode 3 of our series on the VOC, William and Anita are joined by Dutch anthropologist and historian Michiel Baas to explore the staggering collapse of the Dutch East India Company. They discuss the greatest commercial reversal in history, as the English East India Company transformed into a powerful corporate state, while the mighty VOC went completely bankrupt. For more Goalhanger Podcasts, head to ⁠www.goalhanger.com.⁠ Email: empire@goalhanger.com Instagram: @empirepoduk Blue Sky: @empirepoduk X: @empirepoduk Assistant Producer: Imogen Marriott Social Producer: Charlie Johnson Producer: Anouska Lewis Executive Producer: Dom Johnson Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

If you want access to bonus episodes reading lists for every series of Empire, a chat community.

0:06.8

Discounts for all the books mentioned in the week's podcast, add free listening and a weekly newsletter,

0:12.5

sign up to Empire Club at www.empowerpoduk.com.

0:18.9

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0:50.6

Edwina Mountbatten died in the jungles of Borneo. The year was 1960, and she was all alone.

0:56.0

Well, alone, I say, except she was surrounded by letters, and they weren't letters,

1:01.5

as you might think, from her husband, Louis Mountbatten, the last viceroy of India. No, these were letters from the man that she truly loved, the scourge of the British Empire, the first

1:07.9

Prime Minister of a Free India. His name was Jawaharlal Nairu. Now this fascinating

1:15.2

love triangle is so pertinent when it comes to pre-partition India politics and we're

1:21.9

going to be delving right in in a mini series, a four-parter for, and it's only available to members of our club.

1:29.5

So if that isn't you, what you need to do is right away.

1:32.3

Get to EmpirePodUK.com, that's EmpirePoduk.com.

1:36.3

And for the price of a coffee, come join our club.

1:39.8

And as if you needed any more incentive, let me tell you. Our very special guest is the marvellous

1:45.3

Alex von Tunselman, who is the author of Indian Summer. So what are you waiting for? Come on.

2:06.0

Hello and welcome to Empire with me Anita Arndt.

2:08.3

And me, William Derrimple. Now, in the first two episodes of our Dutch East India Company series, we told the parallel story of two companies born like twins, almost

2:21.7

simultaneously. The English East India Company chartered by Elizabeth First in 1600 and the Dutch

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