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The oldest company in almost every country (that is still in business)

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Re: The oldest company in almost every country (that is still in business)

#61
post #45

Earlier quoted context omitted.

At that point why not count the British Empire as a business?

You could probably consider the British royal family a business. But even if you don’t do that, for a long time the British empire was a corporation — the east India company.

Weren’t they just a majority shareholder?

Re: The oldest company in almost every country (that is still in business)

#62
post #45

Earlier quoted context omitted.

At that point why not count the British Empire as a business?

Because it's a nation, not an asset-holding entity that is nation-agnostic.

The Vatican is a nation.

Re: The oldest company in almost every country (that is still in business)

#63
post #62

Earlier quoted context omitted.

Because it's a nation, not an asset-holding entity that is nation-agnostic.

The Vatican is a nation.

It is, nominally, a nation in name, done for political reasons to remedy the Italian government's exertion of power over the institution. Idiosyncrasies of naming aside, it serves much the same purpose as a corporate headquarters. And regardless of all of that, it's nationhood is new, under 100 years old. Imagine we suddenly granted Apple headquarters nationhood: it would not change the material reality that it is functionally a corporation.

Re: The oldest company in almost every country (that is still in business)

#65
This map seems to use a very variable and at times generous definition of both “company” and “still in business”.

Sure, Australia Post is one of Australia’s oldest institutions if you count from the date of the establishment of its oldest predecessor (which this map does, as a Postmaster-General was first appointed for New South Wales in 1809), but a single national postal service wasn’t established until Australia itself was established in 1901 and the colonial postal services were merged, and even then it was a government department until 1975, and wasn’t corporatised until 1989 and remains government-owned to this day.

Re: The oldest company in almost every country (that is still in business)

#66

Regardless of whether you believe in them, I think the longevity of religious organizations points the way towards how the human race can plan and advance with projects that cannot be completed in a single lifetime. Projects that require a vision beyond 10 years, much less 20, are exceedingly rare. Very, very few companies last more than a generation or two. This map in the article might make it seem like there are l…

>Enter religious institutions: Ballpark estimates in my head indicate that, sure, some come & go quickly, but many have much more staying power than their pure corporate counterparts.

Sounds like survivor-ship bias. How many now-dead religions were contemporary with Christianity?

Re: The oldest company in almost every country (that is still in business)

#67

Regardless of whether you believe in them, I think the longevity of religious organizations points the way towards how the human race can plan and advance with projects that cannot be completed in a single lifetime. Projects that require a vision beyond 10 years, much less 20, are exceedingly rare. Very, very few companies last more than a generation or two. This map in the article might make it seem like there are l…

Isn't this just survivorship bias? There are many churches, many splits and many died out along the way and your only looking at the few that survived and became dominant. There aren't a lot (if any) of roman, Greek, Norse institutions still around and even within Christianity I don't think there are any Lollard or Cathar ones.

Re: The oldest company in almost every country (that is still in business)

#68
post #55

Earlier quoted context omitted.

The oldest continuously operating university in the Western Hemisphere is in Peru, established in 1551. https://en.wikipedia.org/wiki/List_of_oldest_universities_in... https://en.wikipedia.org/wiki/National_University_of_San_Mar... The Royal and Pontifical University of Mexico, in Mexico City, was founded several months later, the same year.

If I were feeling pedantic I'd mention the universities of Oxford, St Andrews, Edinburgh, Glasgow, and Aberdeen... As well as a handful in Spain and Portugal ;)

Few of those are in the Americas.

Re: The oldest company in almost every country (that is still in business)

#69

I think that the crown of the oldest running business should go to the Roman Catholic Church, which was formally created in 325 AD, but in practice is a couple of centuries older. It is also the first transnational corporation in history.

Interestingly enough, it's an extremely flat organization.

Re: The oldest company in almost every country (that is still in business)

#70
post #29

The oldest company in the world on this chart (Kongo Gumi in Japan) is not in Business anymore. It seized operations in 2006 due to bankruptcy.

According to wikipedia, it was bought by Takamatsu and operates as a wholly owned subsidiary, though admittedly I don't think that counts anymore for this title: https://www.kongogumi.co.jp/.
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