redpill me on chartered companies, royal charter etc
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redpill me on chartered companies, royal charter etc
redpill me on chartered companies, royal charter etc
It's All Fucked Shirt $22.14 |
CRIME Shirt $21.68 |
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>t. Seething chink who can't get over their military being humiliated by the 1,800s equivalent of Amazon delivery trucks and rent-a-cops
Fun fact: the BEIC army was more professional than the actual British Army (until the 1850s anyway). Unlike the British regiments, the EIC Presidency Armies didn't disband after the conclusion of every way as they're needed to police the EIC's Indian possessions. Your average Sepoy was actually a more professional soldier than some shanghai'd Redcoat.
They're not really "private" enterprises at all as some Libertarians would tell you. They're mercantilist operations.
Don't forget that one time the British East India Company participated in a pyramid scheme in India in the 1790s using literal tax-farming, which jacked up the prices of grain and caused the great 1770s Bengal Famine that killed Millions of people.
Frick (state) capitalism
There seems to be a similar dynamic going on with alcohol as with chartered companies. Someone said chartered companies were often when they built a bridge or such and it was often nobility who owned the companies who knew the royal family or whatever, he didn't say much.
Anyway when Norway and Iceland tried to ban alcohol Spain and France banned import of Norwegian and Icelandic fish. So clearly there was some kind of connection between wine producers and the state. Either the state used wine export as a power tool, or the wine producers used the state to solidify their power, or both. Maybe the vineyard owners went to the government officials and "bribed" them. Paid them money to change the laws to ban import of Icelandic and Norwegian fish. Or maybe they didn't. I don't know, I haven't seen any info on this.
A similar thing was also the banana companies in Latin America, such as United Fruit Company. For example the workers striked and UFC told the local government they had to crack down on the strikes or the US would invade or whatever. A US Navy ship was positioned at sea close to the plantations. The local government sent soldiers in and massacred strikers. East India Company was something similar, the British navy cracked down on competition, the charter was the law saying EIC had a monopoly on the trade. But maybe it was the EIC who paid the state for these benefits.
It’s called crony capitalism
Yeah I know but I don't have much info about it, hence why I made this thread. But I've made threads like this before and nobody ever has any info, links, recommended reading or anything.
There's a pretty good documentary on the foundation of the voc on youtube. Should be easy to find. Search by video length.
wtf is "the voc" moron
Vereenigde Oostindische Compagnie
you were so very helpful moron
look in the mirror
Diff anon. Kys op for being a moronic homosexual who doesn't know how to copy paste. It is the DEIC Amerigay.
moron
Basically Anglo pirates masquerading as legitimate business. You see a lot of this in their history, some rich person or business growing powerful enough that it gains power rivalling states.
>business growing powerful enough that it gains power rivalling states
How this isn't supremely impressive to everyone astounds me. That a group of people can come together and organize, not in the defense of their state or loyalty to their sovereign, but in the pursuit of that filthy lucre and absolutely mog the majority of the world shows that the degree to which they were organized was enough to elevate this essentially mercenary force to levels not seen even by those fighting for their very lives. People shit on the corporate model, but it gets it done.
It got massive subsidies from the British crown, much like the mega corps of today.
The tendency of profit to fall is real, much like the square cube law, operating costs increase faster than profits so after a certain point (when a company becomes a megacorp) I think becomes more expensive to run a business than what profits can cover and they need massively subsidies from the government.
See the 2008 recession and how all the big banks needed to be bailed out by Obummer
moron. The state picks certain companies and uses them as a power tool, hence why they grow. A state requires money to run, and that money comes from businesses which they choose.
It's really not that surprising when you read up on it. It's a model that's pretty much been invented by the Dutch and then copy pasted by the subsequent global empires. More the rule than the exception for sure.
>How this isn't supremely impressive to everyone astounds me.
Because its not. These are not a bunch of humble tradesmen who ventured to the great unknown with their own resources and struck it rich. No, these are chartered mercantile entities receiving a frickton of investment and support from the Crown to get started and once they got the ball rolling in the colonies, received massive subsidies to stay afloat.
You know what's impressive? Kongsi Republics. Fujianese/Hokkien/Cantonese Merchant Clans of Qing China who started as dirt poor fishermen who did all the East India Company did except they used their own wealth & resources and had zero state support (it was illegal for Chinese to trade outside of the Canton System and it was also illegal for Chinese subjects to live abroad. They lost their subjecthood if they did), and they ended up as some of the wealthiest men in the 18th-Early 19th Century like Howqua, with a private empire of private colonies & trading posts accross Southeast Asia.
the state has and always will answer to well organized black market interests
Ford got mogged by Japanese and German cars
Amazon has operated in the red for it’s entire history until Covid, it was kept afloat by gov money, same as all the FANG companies